Hi there I'm currently looking at buying a business in the manufacturing industry. Recently I've been talking with a broker who is selling one on behalf of a guy who is moving out of country in two months. The business has been on the market for a while with no buyers. According to the sales memo, the assets of the business are valued at ~$70k and the stock is valued at ~$70k. I've been told the owner is definitely moving and is desperate to sell and would likely accept an offer under $70k for the whole business, stock and assets. Looking at the financials, the business hasn't been doing great, with a $50k loss in each of the last two years on sales of ~$500k. The owner pays himself ~$60k a year, plus super and a few other small perks. Assuming the stock and assets are assessed at 70% of what the owner is saying, that's still $90k+of assets for less than $70k. Could I just buy the assets/stock and sell them off piece by piece?