It wasn't just $504k. That was my confusion also. It was for several million with the final $504k in installment payments.
Yes, they do. Every day. I have three clients currently trying to sell their businesses or some part. There are lots of reasons people would like to do this from normal retirement to health to reaping the rewards of their labor to burnout (yes, even in profitable situations, sometimes people just don't want to do it any more) to change of focus.
There are a whole class of people who are firestarters. They like the challenge of getting something started then move on to the next project. They are actually bad as long-term CEO's because they tend to break things trying to start the next fire.
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