I haven't had a real vacation in years. Is it time to sell?
If the shop can't run without you, you don't really own a business. It owns you. You can fix that by building a team that runs it, or you can sell to someone who will.
If this sounds like youYou can't remember your last real week off. Every time you try, the phone rings. You're exhausted and you're starting to wonder what all this is for.
What you can do.
Build a manager to take your place
Hard, but it frees you up and makes the shop worth more.
Sell and stay on for a handoff
You get a break while the shop is in good hands.
Sell and step away
The full break you've been needing.
Keep going as is
Only if you're truly fine with it.
What to watch for.
- Notice what only you can do. That's what a buyer will worry about.
- Write down what you'd do with your time if you sold.
- Be honest with your family about how you feel.
Owner to owner, and it stays private.
Lotus buys running shops and their buildings across Massachusetts and Connecticut. We run them ourselves, so you can finally take that vacation. We keep the team and the name. Talk with James.
James StephensonLotus, Massachusetts and Connecticut
Quick answers.
Will a buyer want a shop that depends on me?
Yes, but they'll want you to help with the handoff.
Can I take time off while I sell?
It's hard. Having a trusted person at the counter helps.
Thinking about what comes next for your shop or building?
Reach out and we’ll talk it through. No pressure, and the conversation stays private.
james@lotuspe.us