How a Social Media Post Cost the Seller Hundreds of Thousands of Dollars

A multi-unit franchisee in a national retail chain acquires a large local franchise location. The day before the sale was set to close, an employee got into an altercation with a customer. The incident was captured on video and posted on social media. This cost the seller hundreds of thousands of dollars.

A buyer threatens to sue the seller one year after a sale because of alleged misrepresentation of revenue.

How selling a business to a key employee can be a win for both the employee and the business owner.

A father can sell a business to his son but if this isn’t done right, can result in major pitfalls.

Peter Hanna

Peter Hanna
Hopler, Wilms, & Hanna PLLC
Durham, North Carolina
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