Did you know you can sell your massage business when you are ready to move? When we left Flagstaff to set up our school here in Costa Rica I had not really considered selling my business. One day I was talking with my realtor who was trying to sell my house and she asked me if I was selling my business. The more we talked the more convinced I became that it was a good idea.
After talking to a few perspective buyers I found the perfect buyer. We worked together for a couple of months to make the transition smoother for my clients. We were both happy with the results and remain friends to this day.
Some things to keep in mind are:
What exactly are you selling? I was selling my client list of over 100 plus all my furniture, minus my table and the remaining time left on my lease.
If you specialize do they also? I specialized in Sports Massage as well as she did, perfect fit.
Are their personalities compatible with your clients? My buyer is probably compatible with everyone so it was easy.
Payment options? We took half up front and the rest in payments.
What are your "no competition" clauses? We decided I would not do any massage within 100 miles for five years.
Selling a massage business is a good option. Just make sure you find someone that works as closely as possible to your style and gets along with your clients.
23 sept 2009
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