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    Thread: Thinking of selling my business..

    1. #1
      Skeletor's Avatar
      Skeletor is offline Super Moderator
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      Default Thinking of selling my business..



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      I've been in thinking of selling my business for about a month now.
      I own a Crossfit gym. But i also have Olympic lifting training along with power lifting. I currently am doing so very good. I just got a 4000$ grant from the city to teach autistic children and special needs children not only Crossfit, but just exercise in general.
      As a business...I'm making so much....doing really well. Bad part is I don't get a lot of time with my gf and my son. I feel like I'm missing out on a lot.
      There is a local Crossfit facility that own a bunch in the area and want to buy me out. They said I could stay on as a coach and personal trainer.
      The offer is way more than I payed for the building and money I put into it.
      Any advice? What would you guys do?

    2. #2
      guage's Avatar
      guage is offline Platinum
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      Default Re: Thinking of selling my business..

      you have the skills you can always start again and take on a little less under a new name as long as you dont sign a no compition clause . sell a stake in the business keep some future earnings.. risky tho. step a little back and have some of your trusted employees move up the chain.. franchise it. the worlds your oyster brutha. good luck

    3. #3
      Skeletor's Avatar
      Skeletor is offline Super Moderator
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      Default Re: Thinking of selling my business..

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      Thanks gauge! Great advice my friend

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