Rosey Toes - Ted retiring

Is that th

Is that the Ladies' washroom? ( I don't see a urinal )
Can't use that term anymore! It's the customer washroom!
The place is a mess and could use a overhaul but Ted helped me out the other day so I have to thank him for that! I did actually witness a real safety done when I was there, kind of surprised me! I believe the going rate at the moment is $100 for a safety and he is very busy! There is a lineup!
 
I am pretty sure I saw the ad for the shop for sale and a post by a supposed employee about the way forward. Maybe the post was a rumor but it was based on something. Glad to hear he is still around for now helping people out.
He actually said he thinks "Nick" said that, or was spreading it. No idea who Nick is, or the context behind it. I was there for my 30 second safety and gone lol
 
I am pretty sure I saw the ad for the shop for sale and a post by a supposed employee about the way forward. Maybe the post was a rumor but it was based on something. Glad to hear he is still around for now helping people out.
yea i posted that in the first comment of this thread
 
Not sure why a real estate agent would risk their reputation on a hoax. Maybe Ted originally put out a feeler to see what he could get, then realized it wasn't enough to retire on, or just changed his mind.
I've seen more than a few small businesses listed at optimistic prices. When the entire business is built around a single person, the price someone is willing to pay is vastly lower than the price the owner wants to walk away. In most cases, they operate for a while longer and then fold. I'm not sure if they come out ahead. I suspect selling for a much lower and more realistic number would be financially beneficial.
 
I've seen more than a few small businesses listed at optimistic prices. When the entire business is built around a single person, the price someone is willing to pay is vastly lower than the price the owner wants to walk away. In most cases, they operate for a while longer and then fold. I'm not sure if they come out ahead. I suspect selling for a much lower and more realistic number would be financially beneficial.
He just needs to stay put and keep doing exactly what he is doing!
 
I do remember the ad said to not ask the owner any questions about what is going on. Maybe there is some truth to this!
A friend had a garage up north, renting the premises. Needing to rent a special tool he drove to a nearby town rental. When he put in his address the guy at the counter said "That's where we're moving to in a couple of months."

He was able to pull together the coin to end up owning his own shop. Bonus, Home Depot opened down the street a couple of years later so more traffic.
 
I've seen more than a few small businesses listed at optimistic prices. When the entire business is built around a single person, the price someone is willing to pay is vastly lower than the price the owner wants to walk away. In most cases, they operate for a while longer and then fold. I'm not sure if they come out ahead. I suspect selling for a much lower and more realistic number would be financially beneficial.
A huge number of small contracting businesses have a good will factor dependent on the owner's personality and long term contacts. In my case, without me the business was worth the value of some used tools.
 
A friend had a garage up north, renting the premises. Needing to rent a special tool he drove to a nearby town rental. When he put in his address the guy at the counter said "That's where we're moving to in a couple of months."

He was able to pull together the coin to end up owning his own shop. Bonus, Home Depot opened down the street a couple of years later so more traffic.
In this case business was advertised for sale and did not include the building. I have no idea if Ted owns the building or a third party landlord.
 
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