5min chapter

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16: Becoming Really, Really Rich

Rich Habits Podcast

CHAPTER

How to Buy a Cash Flowing Business

If you are someone who wants to buy a cash flowing business, I have two website recommendations for you. The first one is called bizbysell.com. That's spelled B-I-Z-B-U-Y-S-E-L-L. And this is actually where I found and purchased a vending machine business that now cash flows between $20,000 and $25,000 per year. Now, of course, do your due diligence and all that fun stuff, because the buying the business part is really important. At the end of the day, no one really has a million dollars or $3 million in cash to go buy the business.

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