When my husband and I were given an incredible opportunity, it almost seemed too good to be true. The owner of the local gas station and convenient mart wanted to retire, and he asked to talk with us about it. We know each other from different community events, but we weren’t buddies or anything. He said he saw something in us though, and he asked if we would like to purchase his business. He told us that he could refer a company that could do a gas station appraisal, which would help with the financing from the local bank.
He gave us a lot to think about, but he made it impossible to decline when he quoted us a price that was substantially lower than what we had expected. Continue reading