In Contract!

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Subject Author Date
In Contract! glassman 10-01-2007
Posted by glassman on October 1, 2007, 11:08 pm
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I'm finally in contract to sell my building, with all the inventory, to a
friendly competitor. In a million to 1 shot, he desperately needs to find a
new place to work, with his deal to buy his current space having fallen
through. I'm too young to retire, but the timing was just right. He's a
real SG guy even though he's been working out of a close by basement for as
long as I have been here. Not sure if he's going to be doing retail or not.
He's more interested in my space and the tables and racks and such. It's
the most amicable transaction either of our lawyers have ever seen! I swear
if all this legal stuff wasn't necessary, we'd do it on a handshake! My
advice to you folks out there is to BUY A BUILDING, rather than pay rent.
In only 7 years here, I stand to make more money on the sale than I made in
many many years of slaving over a hot iron.
At this point I'm 50-50 on whether I'm still going to do SG work out of
my garage after it gets done, or have a midlife crisis and switch careers.
The buyer has no objection to me doing whatever I want, including keeping
the phone number. Boy what mixed feelings I have after over 25 years of
doing this.
Any of you oldtimers thinking of doing this?

--
JK Sinrod
www.SinrodStudios.com
www.MyConeyIslandMemories.com



Posted by Michael on October 2, 2007, 9:30 pm
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Congratulations on your amiable business settlement, JK. It is
wonderful that you can wrap up a 25-year career on a good note. Sorry
to see you pulling out, but I understand your reasons.

Michael


Posted by glassman on October 2, 2007, 11:25 pm
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> Congratulations on your amiable business settlement, JK. It is
> wonderful that you can wrap up a 25-year career on a good note. Sorry
> to see you pulling out, but I understand your reasons.
>
> Michael
>


I never really gave any reasons Michael..... that's for a later post.


--
JK Sinrod
www.SinrodStudios.com
www.MyConeyIslandMemories.com



Posted by Michael on October 3, 2007, 7:10 am
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Glassman wrote:

I never really gave any reasons Michael..... that's for a later post.

****************
My apologies. I thought you mentioned something about arthritis and a
lessening profit margin in a post a month or so ago.

Michael



Posted by neoglassic@peak.org on October 3, 2007, 11:33 am
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> Glassman wrote:
>
> I never really gave any reasons Michael..... that's for a later post.
>
> ****************
> My apologies. I thought you mentioned something about arthritis and a
> lessening profit margin in a post a month or so ago.
>
> Michael

I thought the word "politics" was in there somewhere.....



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