[ovrtaxt]

The pair had shown up in November 1994 with $25,000 in cash, bought the garage, and prepaid the lease through August 1995. Before the lease was up, the pair abandoned the business and gave it back to its original Iranian owner, himself a questionable character.

#1- Buying a car repair business AND prepaying the lease for 10 months with $25,000? Either it was a supremely crappy business, or they got an UNbelievable deal.

#2- Within 10 months, they give it up and GIVE IT BACK to the original owner? Okay.

As a small businessman who used to be in a related field, that simply doesn't happen.

[Spunky]

"#1- Buying a car repair business AND prepaying the lease for 10 months with $25,000? Either it was a supremely crappy business, or they got an UNbelievable deal."

"#2- Within 10 months, they give it up and GIVE IT BACK to the original owner? Okay."

It could be the $25,000 was just the down payment and that the previous owner carried the contract.

This does happen. My father owned a Mobile Home Court sold it with $25,000 down and carried the contract. When the new owner couldn't make the payments because of the interest rate they took it back.