How do I sell a business I am leasing on property?

I live in Southern California and was given a auto dealership. Presently I am in debt more than I can handle. Do I contact a financial advisor or do I sell? I'm behind lots of money in bills!

Are you behind on personal or business related bills?
Are you capable of running an auto dealership, or was this an unexpected gift?

My first instinct is to say that you probably won't be able to sell the business for any more than the value of its assets, not because of being on leased space, but because the business probably isn't making any money.

To make your business worth more than that, you have to have some intangible value in the business- such as a great reputation.

Also, I would go directly to your local small business development center or SCORE chapter for assistance. They can provide free, confidential assistance to you in this time of crisis.

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　　Capital Investment 　　Business Investment 　　Business financing 　　Business Invest 　　Business Debt 　　Bond Investment 　　Angel Funds 　　Alternative Investment

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