bankruptcy buyout

Can An Average Person Do A Leveraged Buyout?
Hey,
I’m interested in getting started with buying a business.
Let’s say that there’s a big pizza franchise around my area that wishes to sell, and I want to purchase it.
I was wondering if it’s possible for a regular person with no real credit history to do a leveraged buyout on the pizza shop. Example, going to the bank and convincing them to use the company’s assets to purchase it.
Also I’m wondering if there’s any bankruptcy risk involved, or how somebody can protect themselves from it if there are any risks.
From a legal standpoint there’s nothing to stop you, if you can get suitable financial backing. Banks are not the only possible source.
I would suggest that a fast food outlet is not the best choice. Have a look in the surrounding area. There are probably dozens of other fast-food outlets. It’s a saturated industry so you could only succeed by taking customers from your competitor’s. You will have to offer something significantly extra that your competitors can’t.
Have at look at other areas before you commit to anything
Ian M
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