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Benzinga @Benzinga on x 307.1K followers
Created: 2025-07-28 02:59:49 UTC
An aspiring buyer with $XXXXXXX in savings recently asked Reddit’s r/smallbusiness what the best “boring” businesses are to buy from retiring boomers. The question sparked a wave of responses focused on low-glamour, high-stability industries.
Laundromats near apartments or colleges were highly recommended. Car washes, especially automated ones, also got support. Some users suggested liquor stores, but warned they only work well in states with flexible alcohol laws.
Fast-casual restaurants with long track records were seen as safer bets than full-service spots. Others mentioned niche plays like bridal shops, storage units, yacht charters, and even ballroom dance studios—especially if they’re profitable but poorly run.
Several users shared cautionary tales. One bought a woodworking shop from an 83-year-old who had no CRM system and messy financials. Another warned that outdated equipment or owner-dependent operations can turn a business into a headache.
On the financing side, many noted seller financing isn’t as common as people think. SBA loans are often preferred since they allow sellers to get most of the money upfront. With $100K down, a buyer might access deals up to $X million.
Still, the overall advice was clear: find something that matches your skills, clean up inefficiencies, and be ready to put in the work.
XXXXX engagements
Related Topics retirement