He bought the business for more than I suggested because he saw where he could improve the business instantly. The profit turned out not to be $500,000 as the seller guaranteed, but exactly $350,000 as I had determined. David took over sales and marketing and within 1 year had the company profit up to the $500,000 he was promised.
Brokerages are pretty much legal cartels, who will charge you somewhere into the five figures for the privilege of introducing you to the landlords who would advertise in the paper if the brokers would let them. Don't let their connections to the concrete and
upull&pay industries intimidate you. Just let the broker, a dark-haired man in a chalk-stripe suit with a red carnation named "Floyd the Finger", introduce you to Nice-Guy Ned, Mickey the Mole, and Snake Eyes Sam, who will be your landlords today. This is New York. Be grateful you are being treated to such high company.
Sometimes, when the production of certain models of automobiles is discontinued, their auto parts in stock are sold for very heavy discounts. Keep an eye on that, especially if you have a car of the same model, as a few years down the line these same parts could be hard to find, and pretty expensive. Why not buy and store them in bulk?
Arrange for a deal. Make an appointment for the salvage yard to pick up your car. If your car is still driveable, you may be able to make more money on the deal by taking it to the yard yourself.
Close the deal. Accept cash or a check for your car and sign over the title to the auto salvage yard. You may be required to sign other documentation as per the yard's requirements and state law. Obtain a receipt for the deal.
Most people report a bad company to the better business bureau, so that's the best place to start. It will show the owner's name, doing business as, how long they've been in business and any other affiliations. It's best to check on four or five shops and see who has the best rating. Go to the shops and meet the owner in person.
Sometimes, when you buy more than one auto part, such discounts are offered. There is nothing wrong with taking advantage of this. There are certain parts, like air filters, which have to be replaced regularly. So if you are offered a discount for buying more than one air filter, why not take it?