I am so sorry to hear you are struggling! I do have some business experience w start up and selling. I know you need to present cash flow to a potential buyer. That is what they are interested in (traditionally)- Most investors who are purchasing businees are intersted in their ROI. The selling price is usually priced (varies enormously) avereage around 10 times the net profit. (This is for the buinees- not any real estate) (Real estate will obviously depend on market value currectly) You can make real estate more attractive for a buyer if there is a business in place which is netting a profit, tey are looking for cash flow. So, Also depends if you are looking at just the business or businees including real estate. If the business isnt making a profit, you have to consider the option of pricing only for the real estae value alone. It is really hard to sell something that isnt turning a profit- especially in todays market. Unless someone can afford to invest enough cash so that they can be earning a ROI, you will probably find it difficult. It is very hard to decide to let go- especially when you yourself have invested so much of yoruself- time, energy, sweat, tears, money.. Only you know your true situation. I see a lot of people digging a bigger and deeper hole to dig themselves out of by prolonging the inevitable. Remember it is just a business and you need ot protect yourself! You can always start over no matter how hard it does seem now. Try to seperate yourself from the business and look real hard at protecting yourself and yoruu family! No matter what- you are not yoru business and even though taht business may fail, you are not a failure. Do you own the real estate? Is there any possible way if so, before you move out, if you cannot pay the entire mortagage to stay put until it is foreclosed? Is there any way to save any $ from the cash flow so that you can allow yourself time to save and create and exit startegy? Lots of hugs and love sent your way- This can be so enormously painful!!
