Post by Cynthia Law

Question: What are some of the things to look for/ask/do when buying a pre-existing LLC from someone? Here is the situation: This individual has the LLC, Leasing a brick and motar, no actual contents but rents space inside the space to vendors and also charges a commission on sales. They also have an estates sales attachment to the LLC that I am looking to purchasing as part of the complete LLC package. How do I determine value/worth? What is the process? I want the LLC because it is established and is a known name in the area and I could just step in and go. Pros and Cons Please help