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dg-cleaning

  • Posts: 135
selling up a business New
« on: September 04, 2007, 11:14:25 am »
Xxxx
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ellejay

  • Posts: 12
Re: selling up a business
« Reply #1 on: September 04, 2007, 01:20:24 pm »
I am sure you can sell the business. Not sure if it's the same but we sold a convenience store business and that didn't include premises or stock. They pay extra for stock and rent for the premises.
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Of all the things I have lost, I miss my mind the most.
I am woman, I am invincible, I am Tired.

ellejay

  • Posts: 12
Re: selling up a business
« Reply #2 on: September 04, 2007, 01:24:57 pm »
Sorry forgot to mention. Anyone who takes over an existing business would also have to take on existing staff.
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Of all the things I have lost, I miss my mind the most.
I am woman, I am invincible, I am Tired.

*Chris Browne

  • Posts: 863
Re: selling up a business
« Reply #3 on: September 04, 2007, 01:56:12 pm »
Make sure you get a contract sorted with your present clients, to say they are contracted to you for a further 12 months(or more) (this will be what your company is valued at, including stock and vehicles etc)

Chris
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BDCS

  • Posts: 4777
Re: selling up a business
« Reply #4 on: September 06, 2007, 11:25:34 pm »
Try selling it to the existing employee's - its easy then because they know the jobs,customers, and TUPE is also sorted
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carpetguy

  • Posts: 71
Re: selling up a business
« Reply #5 on: September 07, 2007, 08:28:48 am »
We have put one of our businesses on the market and have put it in the hands of RTA who you will find in Daltons Weekly.

They take the whole process on but will only accept a business with a minimum t/o of around £250,000
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