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Didn't know if I would retire but it happened Friday! Login/Join 
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Awhile back in someone else s post I mentioned I might retire. Mrs. Pal is retiring on June 13. I thought I might work another year.

I got a call from a broker wanting to know if I would be interested in selling my business. I did not use his services but one thing he said stuck with me. He said to sell a business like mine would take between two and four years. I did not want to wait four years, Mrs. Pal has had two bouts of skin cancer and one run in with breast cancer so we want to enjoy some time without dealing with all that.

I had three people I thought may be interested in buying my company, a small parking lot and street sweeping service, I only made one call.

This gentleman was interested, his story was like mine when I bought the company, he had a great job in another state but his wife and three kids lived in northern Michigan and he wanted them to all stay here. We met over coffee and it looked pretty good, this was in January. As we progressed there were some snags, mostly dealing with him getting all his ducks in a roll with regard to money. At one point he was going to back out because it was taking so long he was missing out on spring cleanup work. Two weeks a go I would have bet that there would be no sale and I was prepared to work another year.

About ten days a go he called and said he was ready to go. I held my breath until Friday at the bank when I got the check. With this on again off again stuff I'm not sure how I feel about all this but it is done. I will be consulting him for 90 days but now the stress is on someone else.

As this is Sig Forum I feel I must throw in something Sig related. Because of the circumstances I had not told anyone about this deal. On the way home from the bank I called my employee to set up a meeting. He was at a garage sale. He called back to say he found a mag for a 226 for $2 would I like it! He brought it to the meeting(at my house). I told him about the changes and that the new owner wants him to stay on. Then I said I wanted to buy the mag and slid an envelope full of money across the table and asked if this would cover it. He was alittle taken aback and it took awhile for him to realize this was a bonus. Tears all around, I have always tried to treat my employees well and He was a great worker.

Anyway,..... on to the next adventure!

Jim
 
Posts: 1341 | Location: Northern Michigan | Registered: September 08, 2008Reply With QuoteReport This Post
SIG's 'n Surefires
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Congrats and best of luck!



"Common sense is wisdom with its sleeves rolled up." -Kyle Farnsworth
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Posts: 6880 | Location: IL, due south of the Arch | Registered: April 20, 2005Reply With QuoteReport This Post
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Congratulations, Pal! Sounds like you have some great time ahead! Enjoy your retirement and living life the way you want it! Best of luck!

And good on you for treating your employee the way you did! Good man!




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Posts: 39424 | Location: SC Lowcountry/Cape Cod | Registered: November 22, 2002Reply With QuoteReport This Post
Not really from Vienna
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You are a good man and I wish you and Mrs. Pal all happiness in your new retirement.
 
Posts: 27245 | Location: SW of Hovey, Texas | Registered: January 30, 2007Reply With QuoteReport This Post
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Awesome daybrightener!


Two things bring me to tears. The unconditional Love of God,the service of the United States Military,past,present,and future.

I would rather meet
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Posts: 2348 | Registered: February 28, 2008Reply With QuoteReport This Post
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"What day is it?"
"Dont know, dont care"

Enjoy
 
Posts: 1096 | Location: New Jersey | Registered: August 16, 2009Reply With QuoteReport This Post
A day late, and
a dollar short
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Congratulations on your retirement, enjoy it!


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Posts: 13727 | Location: Michigan | Registered: July 10, 2004Reply With QuoteReport This Post
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I'm very happy for you. I enjoyed reading your post, it made me smile!
 
Posts: 1740 | Registered: November 07, 2015Reply With QuoteReport This Post
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Good story, Jim. Enjoy a well-earned retirement. All the best with your wife’s health issues going forward.


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Posts: 13705 | Location: Wyoming | Registered: January 10, 2008Reply With QuoteReport This Post
Save an Elephant
Kill a Poacher
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You will enjoy retirement. Congrats and live life the way you want now!!


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Posts: 1454 | Location: Escaped from Kalifornia to Arizona February 2022! | Registered: March 02, 2006Reply With QuoteReport This Post
Old, Slow,
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The way that all worked out is a Win-Win for everyone!!!

Good on Ya for taking care of your employee like that... you are, as Monkey says, "A Mensch"! Big Grin

I hope you and your wife enjoy your well earned retirements with the time now to build lots of good memories together.

Don


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Posts: 3418 | Location: Spokane, WA | Registered: March 15, 2005Reply With QuoteReport This Post
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Congrats on your unexpected retirement. May you enjoy many years of peace and relaxation!
 
Posts: 507 | Registered: February 14, 2016Reply With QuoteReport This Post
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This July 31 will make one year for me. It was time . I wish you and your wife the best. You did the right thing .
 
Posts: 4386 | Location: Down in Louisiana . | Registered: February 27, 2009Reply With QuoteReport This Post
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Congratulations. The wife and I retired earlier than we had planned and there are no regrets. Enjoy and travel!
 
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Congratulations and good luck in your retirement.

We love Summer vacations in Michigan. I would like to experience it year round...............I think.

I love the small towns like Elberta, Frankfort and Onekama


Niech Zyje P-220

Steve
 
Posts: 36921 | Location: 45174 | Registered: December 09, 2001Reply With QuoteReport This Post
If the facts don't fit the theory, change the facts
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Enjoy the retirement!!
 
Posts: 1896 | Location: SOMEWHERE IN,, PA USA | Registered: May 08, 2001Reply With QuoteReport This Post
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P-220

One of the best things about my job is that I have contracts in many of the small towns in the north. I enjoy them as well. In some of the smaller ones if you take the time to get a couple of blocks off the main road you see what these towns were like back in the day. Some of them had train stations, a real downtown, and other sights.

Jim
 
Posts: 1341 | Location: Northern Michigan | Registered: September 08, 2008Reply With QuoteReport This Post
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All the best to you and your wife
 
Posts: 2638 | Location: CT | Registered: October 06, 2010Reply With QuoteReport This Post
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Good luck on your retirement. You and the misses enjoy life.


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Posts: 3265 | Location: Arkansas | Registered: February 12, 2012Reply With QuoteReport This Post
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Great story. Congrats. I am very happy for you. May you and your bride enjoy a long and happy and fruitful retirement.



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Posts: 19889 | Registered: September 21, 2005Reply With QuoteReport This Post
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