Inventory tips
Inventory Counts When You Buy or Sell a Store
When a gas station, carryout or small store changes hands, the inventory on the shelves is usually sold on top of the business itself. That makes the count one of the most important numbers in the whole deal.
Why an independent count matters
The seller wants credit for every item on the shelf. The buyer doesn’t want to pay for stock that isn’t there. An independent count settles it with a number both sides can trust.
Count as close to closing as you can
Stock changes every day a store is open. The closer the count is to the moment the store changes hands, the more accurate the number. Many counts happen on closing day itself. Call me as soon as you know your date so we can get it on the calendar.
Get the store ready
The same prep that helps any count helps here: face the shelves, organize the back room, and keep damaged or returned product separate. See how to get your store ready for an inventory count.
Both sides are welcome
The buyer and seller can both be there while I count. Your report is ready 15 minutes after I finish, so the numbers are in hand for closing.
Questions for your broker or attorney
How the inventory is valued and paid for is part of your purchase agreement, so talk to your broker or attorney about that. My job is to give you an accurate count.
Buying or selling a store? Read about inventory for buying or selling a store or call or text me to schedule.