Or Malarin the ....
Here's the way it would typically be done in small business:
The owner sells the business to Joe, retires but stays on so his Master's license can be used. A period of three or five years is typical. Financing is a loan between the owner and Joe for the $250k. If Joe fails to make his payments, he's in default and the loan might be called.
Upshot: If Joe works hard and succeeds, he makes a boatload more money than Malerin.
Wheee!!!
LOL. Joe, who can't even afford to pay STATE taxes, is going to get a loan to buy a $250,000 business? Keep diggin Mhaze; you're not quite to China yet.