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re: Lanier PSA

Posted on 2/17/21 at 8:53 am to
Posted by LanierSpots
Sarasota, Florida
Member since Sep 2010
61840 posts
Posted on 2/17/21 at 8:53 am to
quote:

What's the story behind the closure? Not profitable? Retiring?


Combination of a few things. I think he is having some health issues and it was time for him to retire so I just think he had enough and retired.

quote:

Any chance that you can vertically integrate and acquire his business?


No. Hell no

Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41199 posts
Posted on 2/17/21 at 11:04 am to
We are toying with the idea of purchasing another local business or two here. One is going out of business due to mismanagement. We will absorb that one into our current business as it is a perfect fit. The other we are considering buying from the owner when she nears retirement. Instead of sending our oldest to college, we figured we will invest in the business for her instead.

I'll keep plugging away at my stupid corporate job while everyone else conquers the world......
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