Would you go meet a seller when there is no CIM?

May 31, 2025
by a searcher from University of California, Berkeley - Haas School of Business in New York, NY, USA
I'm looking at a business that was listed for sale by a broker over a week ago. The number are workable, $500K cash flow, attractive category, but no CIM available.
The broker is a bit flaky. They've connected us to go meet the seller directly. It'll be about 2 hours each-way to drive out and meet the seller. Would you go that far without having any real numbers?
I want to be super-on-top of all opportunities but I'm wondering if i should be more aggressively filtering before i spend 4 hours on this opportunity.
from United States Air Force Academy in Seattle, WA, USA
from Syracuse University in Westbury, NY, USA