I'm looking at a bar for sale in the Cabretta beach area, what suggestions would you give, it's existing with a lease, I've ask for tax returns, profit and los statements, they have a pos system so I ask for a items sold report, lease information and hotel occupancy report since the lease is currently in an hotel along with hotel size information, I'm aware of needing to do a LLC or cooperation and the strange employment laws, what am I missing in your opinion also If I purchase the business am I required to keep the existing employees or if I don't take them am I required to pay separation or is the previous owner liable, any input you can give is appreciated
Pete