If you’re in the market to buy a business, considering buying a discount business is a great way to get a lot of bang for your buck! There are quite a few reasons to buy a discount business, and often they can be similar to buying an established business. But discount businesses can have more potential in the way of affordability, growth, and return on investment.
Like any other established business, a discount business will come with a location, furniture, fixtures, & other equipment, licensing, employees, and clients. But where the purchase of a cheap business can get exciting is in its affordability. Because some aspects of the business are less than ideal, like management has lost focus on the business or the business hasn’t modernized with their industry, they will be listed at a much more affordable asking price. For a buyer with limited means or an interest in making their own stamp on the business, the purchase of a discount business can be quite the opportunity.
For some of the reasons mentioned above, there is also a lot of room for growth within a discount business. Sometimes the owner has been unable to manage consistent growth of their business, so they have been turning customers away, or maybe the owner is ready to retire and has needed to slow down the business to make it more manageable for their lifestyle. Whatever the reason, there is always good potential for growth within these businesses, for a buyer who is ready to ramp up operations.
Finally, because of the affordability and the opportunities for growth, the purchase of a discount business offers quite a margin for a high return on investment. Ultimately, a cheap business is a unique opportunity to break into business ownership at a low cost and with limited risk. If you’re a buyer interested in buying a discount business, we invite you to sign up to receive our newest listings straight to your inbox, and if you’re ready to discuss your purchase goals, schedule a free consultation today!
Rachael Holstein has been the Marketing Manager for Transworld - Rocky Mountain since 2016. Her work experience has been largely focused on business development and marketing in business brokerage, finance, architecture, property management, and information technology. A long time resident of Cleveland, Ohio, she attained her undergrad from John Carroll University and her Master’s Degree from Cleveland State University. In 2013, she relocated to Denver with her husband, Joe, and her furry companions to explore the mile high lifestyle!
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