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Report: #780341

Complaint Review: Vested Business Brokers - Smithtown Internet

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  • Reported By: lucky1 — Suffolk New York United States of America
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  • Vested Business Brokers 50 Karl Avenue Smithtow Internet United States of America

Vested Business Brokers Small Business Brokers Smithtown, Internet

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Be very careful dealing with this company.  They present listings for small businesses for sale which they represent.  The numbers they presented for a business I was interested in looked very promising.   After only limited investigation it became clear to me that the revenues, inventory, assets and net profit numbers were extremely inflated by as much as 40 to 50%.  While I understand that there is always some room for discrepancy and differences in interpretation in figures, I believe that this company intentionally inflated numbers to mislead potential investors.  If you must deal with any business represented by Vested, please bring your accountant and conduct a serious due diligence.

This report was posted on Ripoff Report on 09/23/2011 08:09 AM and is a permanent record located here: https://www.ripoffreport.com/reports/vested-business-brokers/internet/vested-business-brokers-small-business-brokers-smithtown-internet-780341. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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