โFeb-09-2018 08:24 AM
โFeb-10-2018 03:55 PM
โFeb-10-2018 03:19 PM
moleary wrote:
Orangebeacher, my better half just heard back from someone at Beuna Vista. I am happy to hear that you have reconsidered. I understand that the reservation records were lost during the transition making tracking the previous owner's promotion difficult. I appreciate your efforts and we will continue to patronize Buena Vista and share with others this positive outcome. Well done!
โFeb-10-2018 10:31 AM
โFeb-10-2018 07:48 AM
rgatijnet1 wrote:Actually, almost all business sales are "asset sales". The liabilities remain with the selling entity (most are paid at closing to eliminate any liens, UCC filings etc.). Only the assets transfer. In any sale I have been involved with, the name of the business in an asset, it is not the actual business. Like I previously posted, in every park I have purchased there have been some claims like "the previous owner said I could have my choice of sites forever, and get a 50 percent discount off the best rate because I am a great customer". Such a "liability" would never be found in any due diligence, and the new owner would not be required to honor any such claim.Ductape wrote:
Nonsense. Sale of a business includes all assets and liabilities unless specifically excluded.
Exactly! Buying a business involved doing ALL of your due-diligence to identify all aspects of the existing operating business.
Now if you were going to buy a building and tear it down and start a new business, that is different.
In this case, it appears that the new owners wanted to do a seamless purchase of an existing RV park and either they failed to do a complete examination of the existing business, and the way it was run, or they just didn't care.
Either way, the new owners could have handled things differently to maintain their loyal customer base, which is what they were probably hoping to do when they bought the business.
They are starting off with a "fail" in their new endeavor.
โFeb-10-2018 05:13 AM
โFeb-09-2018 04:21 PM
โFeb-09-2018 02:23 PM
โFeb-09-2018 02:08 PM
orangebeacher wrote:
Moleary, I am sorry to hear of this misunderstanding. However I am happy to hear that Penny was able to return your call when she got back in the office and explain that with your documentation provided we would be happy to still honor your free night. As with any program with any business it is important to keep your own records in case things like happen, new management.
Dennis thank you for contacting our reservation host and notifying us of the review on RV.net. We never like to hear of anyone having issues here at Buena Vista RV Resort.
โFeb-09-2018 01:41 PM
โFeb-09-2018 01:06 PM
โFeb-09-2018 12:49 PM
Ductape wrote:
Nonsense. Sale of a business includes all assets and liabilities unless specifically excluded.
โFeb-09-2018 12:10 PM
โFeb-09-2018 11:51 AM
โFeb-09-2018 11:48 AM