After 6 years I’m selling my business to my partner. We bought the store at $420k averaging 800k annual revenue 65k profit. From 2019-2023 we averaged 1.1-1.2 million with 90k annual profit.
I’m 2024 we did 1.2 million revenue but only 35k profit. This business is not profitable this year due to increase costs. He’s only offering 150k vs the 210k I paid for it. Although we do more in sales compared to when we bought it, 2024 was less profitable.
Should I just take the loss and take the 150k buyout, or should I fight for more?
submitted by /u/kmac8008
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