> these businesses are thriving
Maybe not thriving but they were paying salaries and bills before they were bought. They were not in a bankrupt state.
Not bankrupt doesn’t mean the company is actually worth anything. A large number of tiny business are still in operation because the owner is willing to work at below market rates to keep it operating.
Not bankrupt doesn’t mean the company is actually worth anything. A large number of tiny business are still in operation because the owner is willing to work at below market rates to keep it operating.