Re: Possibly buying a Quizno\'s...thoughts?
Hi,
While I do generally agree with everyone who has posted here already, if I were you I'd simply start out by seeing what his earnings have been, and then determine whether the price he's selling it for seems high/low relative to his historical earnings.
If the impetus to buy is that it may be a good opportunity due to the seller being kind of desperate, then I'd start out by seeing if the price/earnings multiple reflected that desperation. If not, then no need to move further. But if it does, then it may be time to consider some of the points brought up by the OP's.
PC
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