I am currently selling my grocery business, am I expected to stay for a certain period of time after they have purchased the business for me to show them all the day to day activities and transition for free?

I am part ownerer/manager of the store

  • djrexy7@alien.top
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    1 year ago

    Your transition of the business should be included in the initial compensation package, since that’s what you’re selling and you need to offer transition free to the new business owners. depending on the type of grocery you’re talking of 200K to 600k or more. the price the new owner pays should include training. Also you are legally required to stay for a minimum of 2 to 4 weeks to provide proper training.

    That being said anything past 2-4 weeks can be charged on a daily or hourly basis.