This long established business was in a Wild West sector which was always going to attract onerous warranties.
Avocet prepared the usual Sale Process documentation & Prospective Purchaser list & started generating serious interest.
Then a bombshell: the Owner was determined to sell to a long standing family friend who was also in the sector !
In spite of warnings about doing business with/selling to relatives & friends, this business has been sold to the "friend" with Deferred Consideration over 9 years !
Wealth Warning: do NOT sell to friends !
If you are mulling over whether to sell your business, please contact Roger for an initial no commitment/FOC meeting: 01494/ 726173.