Original plan was to buy the business, promote lead/key employee as manager of the day to day while still learning and overseeing the business and maintaining W2 for ~6 months, then exit W2 and oversee business strategy/growth. Key employee operates business when owner is on vacation and has been with the business 12 of 15 years in business.
I would work remotely at W2 from the business location twice a week.
Discussed this plan with seller and he is nervous of this plan to the point of killing the deal.
How would you approach further conversations with the seller knowing I want to maintain W2 for ~6 months due to financial and personal reasons?
Seeking Advice: Navigating "Operator" conversation with Seller
by a searcher
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