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Updated over 17 years ago,
Need help on my commercial property!
Ok, well... I have a liquor store and someone offered me $890,000 with inventory and everything. An unsolicit offer. I also had another broker that said that he could sell the business ONLY for $500,000 which I can possibly rent out for $4,500/mo. But heres the catch, he's charging 10% if he could find a buyer thats willing to pay full price. Do you guys think thats kinda much for a commission? Im trying tell the buyers to give me some time because theyre being kinda pushy. Just curious, what would you guys do? Sell property for 890k or sell business for 500k and get 4500/mo rent?