Hey guys, need some advice. I have moved to a different market with the plans of starting a new company from the ground up. I have just about everything in place to start this spring (just need to hit the advertising and make a million phone calls) I have come across an install/service company for sale for a reasonable price (the equipment is being valued a lot higher then it is worth) This business is over 20 years old and has consistently done over 200k a year for the last 7 years. The owner is looking to retire. My question is, being that all the equipment is old and they are trying to value it's worth very high, would I be better served taking the money it would take to buy this business and just use it to start my own. On one hand I think there is no way I could get 200k worth of business with the investment it will require (lets just say it is less then 200K but more then 100K) On the other hand, I can't see paying for a bunch of old equipment that may break down this coming season (I have no reason to think it would) and think that it should not take too long to get to 200k a year in less then 3 to 4 years (with a little luck and a lot of work) so the question is, buy an existing company that has a great client base and great track record, or start from scratch? GO STEELERS!!!!!!!!