Can I sell my shop and still work there part time?
Many owners stay on for a while after they sell. Some help with the handoff for a few months. Others stay part time longer. The key is agreeing on your role clearly before you sign.
If this sounds like youYou're ready to stop carrying the weight, but you're not ready to walk away from the shop and the people completely.
What you can do.
A short handoff
A few months helping the new owner learn the shop.
Part time for longer
A set number of days a week, with clear duties.
On call only
Answer questions when needed.
A clean break
Step away at closing.
What to watch for.
- Put your role, hours and pay in writing.
- Agree on who makes decisions after the sale. It won't be you.
- Think about how you'll feel watching someone else run it.
Owner to owner, and it stays private.
Lotus buys shops and their buildings in Massachusetts and Connecticut and runs them for the long term. We're glad to talk honestly about what a handoff could look like for you, and we keep the team and the name. Talk with James.
James StephensonLotus, Massachusetts and Connecticut
Quick answers.
Will a buyer want me to stay?
Many do, at least for a while. Your customers and team know you.
What if I want to stay longer than planned?
Talk about it before you sign so everyone's on the same page.
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