The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1883-12-12
A NOVEL VOCATION.
The Money Made in Buying business
Low nnd selling IL High.


Low and selling IL High.
In city like New York there are always
a great many business changes. IN tbs
the smaller stores along the avenues and la
most of the cross business streets above
Canal, you can find parties every day who
are ready to sell out if they can only close
up without any very heavy loss. There is
an equal, or perhaps n greater number of
men who are ready to jump into any little
business which seems to promise them a
modest competence. All / do is to step in
and relieve the seller at the lowest figures
can persuade him TO take, and accommodate
the buyer at the highest price can get
him to give. The difference is my profit.
:" For instance" l bought out this little
cigar store two weeks ago. | had my eye
on ii for some time, and noticed the pre-
monitory symptoms of early dissolution.
inquired in the neighborhood when the
mans rent would be due. Two days before
chat time made my appearance, and got
into easy conversation with him, in the
course of which he proposed selling out to
me. Then / obtained the very lowest price
for fixtures, stock and the business separate
ly. The upshot of it was that would pay
nothing for the business, because there was
none, and cut down the prices of stock
very materially appeared to him to BIO
about to make the offer, when l mentioned
the rent Then l told him | could not
assume so heavy an expense at the start,
and went away. The next day, being the
day before the rent was due, 1 stopped in
again for cigar and the man resumed the
previous subject. We settled at last, l
agreeing TO pay half the rent. demanded
immediate possession and obtained it.
gave myself twenty-four hours TO put ON the
fancy touches. Scrubbers started in first,
aud were instantly followed by cheap paper
hangers and whitewashers. Then the whole
stock was brushed up, the fresh sides of the
boxes were turned outward, unsightly OBJ
jects were flung into the yard OF under the
counter, and cheap but extremely lively
oil-cloth was put down where it would make
the best show. Then came the stocking up.
This is an art by itself, and a great deal Of
your success in this business depends upon
It, You see, you must SO arrange that In
selling out you will not only get paid for
your business, which cost you nothing,
but make profit on your stock, which has
cost next door to it. OF course, I choose
the cheapest but showiest articles for
business like this, as the man propose TO
sell out to must be green one. A good
many of that sort buy small cigar stores.
;or there is current opinion, largely hello
lmong certain buyers of city plants, though
it is an erroneous one, that anybody can run
a cigar store. OF course, l make the win.
dow bloom, and almost always put in new
and brilliant chandelier of many burners.
Always insist that the incomer shall settle
the gas bill. Then / hire an assistant and
advertise for purchaser. l can soon tell
if have found the right kind Of chap.
talk to him very quietly and say little.
Selling business is delicate matter. Al
most the whole point is in striking the mans
fancy. You have fixed up your place with
special reference to this idea, and you can
soon tell if he likes the style. If not you
can say nothing useful. In either case you
can tell him you are little busy and get
him to come in at night things always look
more lively then--and close the transaction
as soon as you can."-N. 7. Sun.