• @tankplanker
    link
    English
    7
    edit-2
    4 months ago

    Ashley wants two main things out of his purchases, the brand name to slap on a web store with any head start it can give into running a business in that sector, and the retail space. Any decent retail space he wants to flip into residential property while stripping any fixtures and fittings of any value, anything else will be gone or rebooted into the lowest common denominator for that area.

    • GreatAlbatross
      link
      fedilink
      English
      24 months ago

      Does he also do that thing where people buy out a company using debt loaded onto the company they’re buying?

      • @tankplanker
        link
        English
        24 months ago

        Pretty sure he pays cash or close to it rather than a traditional leveraged buy out. He normally only buys struggling or collapsed brands he can get cheap like Wiggle.