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It seems to me that if the current owner doesn't have time for the business that the business probably can't support good management. If it could, he'd just hire a good manager, freeing up lots of time. If the business is not good enough for the current owner (i.e., because its a management hastle, or because its unscalable and currently at critical mass and can grow no bigger), what makes you want it? What are your exits from the business?
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