Originally Posted by jcc
"The goal would be to buy a business that I could run semi-absentee for the next 3 to 5 years"

Not sure how persistent you are, but it should not take that long to see the error of your ways. stirthepot grin


iagree 100%
There have been MANY studies done that show the further the owner is away from day to day operations the chances of things going downhill multiply exponentially.
Your only chance of possibly succeeding IMO would be to cut the top manager in with the intention of him buying you out in 5 or so years at a reduced cost. I would advise to do everything in writing and keep real tight control on the cash flow.

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