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Buying a business which has been for sale for a long time

You are looking to buy a business and you are aware that a particular business has been for sale for a very long time - 1 year and it is still for sale.  Is it worth looking at, is it over priced?  What questions come to your mind, probably that there is a problem with the business, with the price and possibly the owner?  Is it worth looking further to see if this is salvageable?  Remember, all business are for sale for the right price.  The question will be, is the right price a fair price that makes sense to you?... More

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