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No TUPE issues. Couple of OAP casual part timers who are like part of the furniture and we have no intention of letting them go. They're a great deal, and it will be in our best interests to keep them. They know the business inside out, the shop, customers, suppliers, how much sells, what we...
I understand where you're coming from guys, but this is not a huge deal. I expected a long negotiation so my initial offer was for less than 30% of their asking price. I held my ground because another business came up for sale in the area, which at a glance seriously undermined their asking...
Thanks. Yes, got all that covered. It's a very amicable sale. I want to continue to run it as they have for over 60 years (which is their ideal outcome) so they're more than happy to share all knowledge etc. They've already allowed me full access to the shop / books / suppliers etc. Also, my son...
I know, but the way they wanted to priced it is for the whole lot. This is why I'm now wondering about changing over - when/how. They haven't a clue either - they're very old school.
Hi All, I've searched through this site over the last month or two and found many helpful threads but am hoping for some advice regarding taking over a shop I've had my offer accepted on.
Little bit of background: I'm not completely green, having run my own business for over 20 years, but now...