There is a business for sale for 120,000 and it brings in 6-7K a month the website uses adsense. I am not new to businesses just online businesses is there any catches that i should look for.
Outside of the sellers word, what other evidence do you have that the company is doing that well? Have you check their accounting books or seen any other write up on the company to support the sellers claim. Or, have you talked to any customers, suppliers, creditors.
Also, have you researched the market for the product line? Is it a viable market or one that is likely to crash?
Where do they get their product to sell? Would you have access to this same product line and at the same cost?
Is the 6 – 7k a month figure based on before or after operating expenses have been factored in. This will make a big difference on what you would actually expect to earn.
I will end this with one last thought. Anything on the internet that sounds too good to be true, is usually some type of internet scam.