buying an running or existing business is a process of acquiring business which is on sale.

its liabilities, government policies, political enviornment.

One advantage of buying an existing business is that it may already have an established customer base, operational processes, and revenue stream in place, which could potentially lead to quicker profitability compared to starting a business from scratch.

It all depends on what was specified in the sales contract.

Some advantages McEntee enjoyed when buying her grandmother's diner include an established customer base, existing reputation in the community, and operational systems already in place.