Today someone asked me if I would be interested in buying a shop down the road from me where the owner is retiring. 90% of their business is from one major customer which they have done work with for 20+ years. They make on average 500k/yr revenue and have 2 low skill employees aside from the owner. They mostly do turning and their machines are all 20+ years old. I'm not sure how much they are looking to sell for or how the buyout would be structured if I was interested. Has anyone here done a deal like this? I would be very curious to know how it worked out. Was it worth it? Were you able to keep or grow the customer?