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Old 01-15-2010, 08:21 AM   #16
pnoon
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First Name: Peter
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Default Re: I come seeking advice

Quote:
Originally Posted by RX2010 View Post
As for the pharmacy - unfortunately the situation is not 'try for 2-5 years and decide if I want to buy in', it's basically, up front, I need to agree to begin buying in after about 3-5 years. Certainly if I truly hated it I could likely get out of it, but I don't want to do the owner wrong, and set him back several years with no backup plan. So really it's a 20-30 commitment up front on that.
Would this be a contractual obligation on your part? If so, then the current owner would be bound to wait until 3 years to sell. 3 years should be ample time for you to assess the fit. Also, your desire to "do the owner no wrong" is admirable, you must look out for yourself first. I have a feeling he would do the same.

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