Business for an e2 visa
After I start to make by lift back here, I'm offered a business for sale back in the states.
I'm not sure as the figures to me look marginal. Any opinion? 2015 sales $134,883 net income left $35.760 2016 sales $95,649. Net income left $35,871 The current owner is ill and currently only runs the business limited no extras. What to do.? |
Re: Business for an e2 visa
Sounds risky to me, not much net income.
Where is the business located, and what type of business? Rene |
Re: Business for an e2 visa
Lake Mary fl, landscaping maintenance
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Re: Business for an e2 visa
Are these figures higher than the previous ones that ended up in a visa denial?
Rene |
Re: Business for an e2 visa
This business has better sales as they are in the $100k range apart from this year (2016) and the net income is bigger.
I was just worried about the sales loss between 2015-2016 as its about $40k |
Re: Business for an e2 visa
Originally Posted by Must love dogs
(Post 12064760)
Lake Mary fl, landscaping maintenance
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Re: Business for an e2 visa
Landscape maintenance,- lawn care, installation, etc (I done that before while I was there, so I have the experience)
I can speak Spanish. Well enought to get me by anyway. |
Re: Business for an e2 visa
Originally Posted by Nutmegger
(Post 12064796)
What do you know about landscape maintenance -- and most importantly, do you speak Spanish? All your workers are going to be Hispanic. This is the kind of business where, once it is sold, the existing clientele is prone to drop off. You say you are making a life in the UK -- I'd continue to do so, this sounds far too risky to be investing your heard-earned cash in.
Not something most on her would think was E2 suitable. |
Re: Business for an e2 visa
The owner selling is American.
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Re: Business for an e2 visa
Originally Posted by Boiler
(Post 12064807)
He wants cash, it is his business he wants to sell.
. Huh? Must love dogs just got refused for an E-2, and is thinking of trying again with another business. |
Re: Business for an e2 visa
Thinking only thank you,
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Re: Business for an e2 visa
Originally Posted by Must love dogs
(Post 12064777)
This business has better sales as they are in the $100k range apart from this year (2016) and the net income is bigger.
I was just worried about the sales loss between 2015-2016 as its about $40k |
Re: Business for an e2 visa
$35k net profit is slim pickings even in a low-cost part of Florida.
Landscape maintenance is a business that stereotypically has a fluid customer base - once they realise the business has been sold a lot of the customers may walk. I am not sure how USCIS might see a business that relies on cash payroll and illegal immigrants, and I am not sure how the business will fare if you don't use "unconventional labor". |
Re: Business for an e2 visa
Originally Posted by Must love dogs
(Post 12064740)
I'm not sure as the figures to me look marginal. Any opinion?
I'll repeat what I said earlier this month... desperate people make very poor decisions. If you pursue this business, you'll be making yet another poor decision in a whole string of existing poor decisions. Ian |
Re: Business for an e2 visa
My post says the figures are marginal, and the offer of the business came to me I was not looking. Thank you !!
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