Business named after seller

by a searcher from University of Pennsylvania - The Wharton School

1 year ago

Hi all, 

Has anyone acquired a business that was named after the seller, when the seller planned to exit? 

What did you end up doing with the business name post-close? 

For context, I'm looking at a $1M EBITDA roofing business named after the founders.

2 likes
268 views
35 comments

searcher

Keep it, include an ongoing use of name in the purchase agreement

1 week ago | like reply | 0 likes

searcher

In general combining the names is a good idea as the owners feel that their legacy is maintained.

11 months ago | like reply | 0 likes

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