An update from Paddletales
Posted: Tue Apr 02, 2019 8:34 pm
Paddletales has lost their lease, effective September 30. This leaves us with three options. The first two we are actively pursuing, the third is a possibility.
Option one: Relocate. We have looked at a couple properties that were deemed unsuitable, but have some others in mind that we will see. The problem we have is that any new location should be in Winchester as Sandie doesn't drive. If we were to relocate to a different town it opens up a new lot of logistics problems if I am continue to have any time away from the store.
Option two: Sell the business and have the new owner move it. I feel there is a real opportunity here for someone. Our business is still on a steady growth curve and I see no reason that it won't continue to do so with the right person at the helm. I would be willing to help the new owner with the transition. The brand of Paddletales is worth something though and will take some serious money to purchase, as well as the desire and commitment to run a growing retail operation.
Option three: Continue to offer the service we always have, than close at the end of September. I'm sure this is the least desirable option to most of you as it is to us, but it is a possibility. It will only be implemented after the exhaustion of the first two.
Whatever the outcome, Sandie and I will always be gratefull for the opportunities and friendships this business has brought us.
Ed & Sandie
Option one: Relocate. We have looked at a couple properties that were deemed unsuitable, but have some others in mind that we will see. The problem we have is that any new location should be in Winchester as Sandie doesn't drive. If we were to relocate to a different town it opens up a new lot of logistics problems if I am continue to have any time away from the store.
Option two: Sell the business and have the new owner move it. I feel there is a real opportunity here for someone. Our business is still on a steady growth curve and I see no reason that it won't continue to do so with the right person at the helm. I would be willing to help the new owner with the transition. The brand of Paddletales is worth something though and will take some serious money to purchase, as well as the desire and commitment to run a growing retail operation.
Option three: Continue to offer the service we always have, than close at the end of September. I'm sure this is the least desirable option to most of you as it is to us, but it is a possibility. It will only be implemented after the exhaustion of the first two.
Whatever the outcome, Sandie and I will always be gratefull for the opportunities and friendships this business has brought us.
Ed & Sandie