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Nige.C started the topic Purchasing a business with fully depreciated assets in the forum Money matters 1 year, 7 months ago
HI All,
I am looking to purchase a shipping container-cafe, and on their balance sheet their assets have been fully depreciated with the ATO.In selling the business they list their assets as a set value, lets call it $100,000.
In buying this business do I then accept a ‘real’ or ‘market’ value of the physical assets which is diffferent to their…[Read more]
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Nige.C became a registered member 1 year, 7 months ago