Northwest enterprise. [volume] (Anacortes, Wash. Ter.) 1882-1887, 1883-10-13
MAKING COIN.
Unlike any Other Vocation. The Money
Made I'm Buying "a Business Low and
Selling It High.

In city like New York there are
always great many business changes.
In the smaller stores along the aven-
ues and in most of the cross business
streets above Canal, you can find
parties every day who are ready to
jump into any little business which
seems to promise them modest COM
petence. All do is to step in and
relieve the sellers at the lowest figures
l can persuade MIN to take, and ac-
comodate the buyer at the highest
price I can get him to give. The
difference is my profit
For instance, l bought out this lit
tie cigar store two weeks ago. l had
my eye on it for some time. and no.
ticed the premonitory symptoms of
early dissolution. l inquired in the
neighborhood when the mans rent
would be due Two days before that
time l made my appearance, and got
into easy conversation with him, in
the course of which he proposed SELL
ing out to me- Then / obtained the
very lowest price fob fixtures, stock
and the business separately. 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 be about to make
the offer, when | mentioned the rent.
Then l told him l could not assume
SO heavy an expense at the start, and
went away. The next day, being the
day before the rent was due, L
stopped in again for cigar and the
man resumed the previous subject.
We settled at last, l agreeing to pay
half the rent. L demanded immediate
possession and obtained it. 1 gave
myself twenty-four hours to put on
the fancy touches. Scrubbers started
in first, and were instantly followed
by cheap paperhangers and white
washers. Then the whole stock was
brushed up, the fresh sides of the
boxes were turned outward, unsightly
objects were flung into the yard or
under the counter, and cheap but
extremely lively oilcloth 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 bust
ness which has cost you nothing,
but make profit on your stock, which
has cost next door TO it. OF course,
L choose the cheapest but showiest
articles for business like this, rs the
man propose to sell out to must be
q green one. A good many of that
sort buy small cigar stores, for there
is a current opinion, largely held
among certain buyers of city plants,
though it ID an erroneous one, that
anybody can run cigar store. OF
course. l make the window bloom,
and almost always put in new and
brilliant chandelier of many burners.
always insist that the incomer shall
settle the gas bill. Then I hire an
assistant and advertise for purchas-
er. l can soon tell il / have found
the right kind of chap. l talk to
him very quietly and say little. Sell
ing business is delicate matter.
Almost 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 il 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
cam N. Y. Sun