Results 1 to 11 of 11

Thread: selling the old biz

  1. #1
    Join Date
    May 2000
    Location
    Colorado flatland native
    Posts
    15,069
    Post Likes

    selling the old biz

    Im old now and I want to sell my biz. We do around 100,000 per month. Don't have to advertise. About $150,000 in assets not counting the building. I plan to rent it to the new owner.
    My doctor gave me six months to live, but when I couldn't pay the bill he gave me six months more.
    Walter Matthau

  2. #2
    Join Date
    Jun 2003
    Location
    in a tree looking in your window
    Posts
    1,839
    Post Likes
    Holy sh*t talk about a voice from the past, glad your still vertical Jack.

  3. Likes BaldLoonie liked this post.
  4. #3
    Join Date
    Feb 2004
    Location
    New Mexico
    Posts
    10,232
    Post Likes
    Interesting is how to evaluate the worth of a business. My wife in an accountant and is working on that type of project right now.
    A divorce. Business values can get complicated and is a CPA specialty.
    Give me a relay with big enough contacts, and I'll run the world!

    You can be anything you want......As long as you don't suck at it.

    If a person wants to create a machine that will be more likely to fail...Make it complicated.

    USAF 98 Bomb Wing 1960-66 SMW Lu49

  5. #4
    Join Date
    Oct 2011
    Location
    Culver, Oregon (Central OR)
    Posts
    3,718
    Post Likes
    One of the old-timers on here back to play. How old are you now Spotts? Past retirement age?
    "Life, Liberty, and Levin!"

  6. #5
    Join Date
    Jun 2003
    Location
    Texas
    Posts
    1,594
    Post Likes
    no kiddin! good for you

  7. #6
    Join Date
    Jan 2021
    Location
    Long island
    Posts
    3
    Post Likes
    Where is this business?

  8. #7
    Join Date
    Jan 2021
    Location
    Long island
    Posts
    3
    Post Likes
    I see Colorado thank u im in NY.

  9. #8
    Join Date
    Jan 2021
    Posts
    45
    Post Likes
    "Old" is when you see a woman pushing a baby carriage and the woman looks like a girl to you.

    Your next milestone is passing 85 YO. If you pass 110 YO you get one more year.

  10. #9
    Join Date
    Jan 2021
    Posts
    10
    Post Likes
    Hope it went well and your doing ok.

  11. #10
    Join Date
    Apr 2020
    Location
    Garner NC
    Posts
    2,890
    Post Likes
    damn! i just turned down moving to Colorado because its expensive to live there...my employer did not want to pay the increased cost of living adjustment for me to be comfortable...i like to be in a nice area with property, not a hole in the wall..

  12. #11
    Join Date
    Jan 2021
    Posts
    1
    Post Likes
    How did it go? Have you sold your business? If you did, then are you enjoying your retirement? I hope everything's good!

Posting Permissions

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