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Yes, what you are all saying makes a lot of sense. I am essentially selling a job. In my case the business is a franchise and it seems most existing franchisees sell out to other franchisees or employees. There seems to be little interest in the franchisee from outsiders, even though it is far...
Thanks for your replies folks. FYI it is a retail business and the turnover is £140K and the NP is £30K. It is for sale at £75K. There is genuinely plenty of scope to increase turnover and profit.
I am selling my business but am bewildered by the lack of real choice out there for people who want to sell a business with a turnover that is less than £1m. There are plenty of websites out there promising the earth but they just seem to be conduits to advertise and re-advertise.