Results 1 to 10 of 10
  1. #1

    Default Selling your shop

    I have owned my shop for about 4 1/2 years. Due to some issues I may be looking to sell my business. If you have gone through the sale of your Grooming business where did you start?

    Thanks


    Sent from my iPad using Tapatalk Pro

  2. #2
    Join Date
    Jun 2011
    Location
    Northern NV
    Posts
    4,972

    Default

    I placed an ad here found someone, and sold it.

  3. #3
    Join Date
    Apr 2011
    Location
    Chicago
    Posts
    2,736

    Default

    I sold a business about 12 years ago in the ads here like Cockerlvr, moved when I bought another business here. I got my bookkeeping up to date, and I cleaned up my business and fresh paint. Everything scrubbed all the book work organized. I made up about 20 pages of instructions how I run the business. I organized some files with paperwork like the lease, business license and permits. I took some pictures and put some in the ad and some I emailed if they seemed really interested. I didn't use a realtor but my friend was one. She recommended a lawyer who made up a contract for the sale. Cost about $200. Ask your landlord if you have one how to go about the sale, will they have to approve the new owner. It took about 6 months but I started in Winter.

  4. #4

    Default

    Quote Originally Posted by 123Linda View Post
    I sold a business about 12 years ago in the ads here like Cockerlvr, moved when I bought another business here. I got my bookkeeping up to date, and I cleaned up my business and fresh paint. Everything scrubbed all the book work organized. I made up about 20 pages of instructions how I run the business. I organized some files with paperwork like the lease, business license and permits. I took some pictures and put some in the ad and some I emailed if they seemed really interested. I didn't use a realtor but my friend was one. She recommended a lawyer who made up a contract for the sale. Cost about $200. Ask your landlord if you have one how to go about the sale, will they have to approve the new owner. It took about 6 months but I started in Winter.
    I am the owner of the building, so going to sell that as well


    Sent from my iPhone using Tapatalk Pro

  5. #5
    Join Date
    Apr 2011
    Location
    Chicago
    Posts
    2,736

    Default

    Quote Originally Posted by meechiecat5 View Post
    I am the owner of the building, so going to sell that as well


    Sent from my iPhone using Tapatalk Pro
    So that is an interesting situation. First you could sell the business to a groomer who has the means to buy the building. That may be hard. Second you sell the building to a real estate investor and hope that you can still sell the grooming business, because the investor type usually wants the spaces leased, but can raise rents, and who knows do what that might interrupt selling the grooming business. Twisted isn't it?

  6. #6
    Join Date
    Jan 2014
    Posts
    2,141

    Default

    Good points Linda. I think you nailed the big concerns. Nothing wrong with trying to sell both. Is it a building with other tenant spaces or alone. I have seen both a grooming shop remodeled and expanded into a vet clinic with grooming.

  7. #7

    Default

    I am actually moving to another state so need to sell both


    Sent from my iPhone using Tapatalk Pro

  8. #8
    Join Date
    Apr 2011
    Location
    Chicago
    Posts
    2,736

    Default

    Any other specific questions you have. It would be easier to help.

  9. #9
    Join Date
    Feb 2019
    Location
    Atlanta
    Posts
    119

    Default

    Quote Originally Posted by meechiecat5 View Post
    I am actually moving to another state so need to sell both


    Sent from my iPhone using Tapatalk Pro
    Is it a commerical building or home with grooming

  10. #10
    Join Date
    Sep 2010
    Location
    Everywhere
    Posts
    10,656

    Default

    Quote Originally Posted by Hellyion View Post
    Is it a commerical building or home with grooming
    Looks like commercial building according to different thread by same OP.
    Ain't always easy to stand up for what is right.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •