Alvin Narsey - How to Build and Sell a Business

Send us Fan MailWelcome to the podcast that helps business owners prepare for an exit so they can maximize value and exit on their terms. In this episode, you will learn:1. How Alvin Narsey transitioned his business during the pandemic by selling his pharmacy and moving to Germany2. The importance of profitability in a business3. How to engage with customers in a retail settingAlvin Narsey is a pharmacist and business owner from Melbourne, Australia. He has over 15 years of experience in buying and selling pharmacies and has used this experience to help him exit his businesses on his own terms. Alvin is currently living in Germany with his wife and enjoying all that Europe has to offer.This is Alvin Narsey's story...Alvin NASSI is a pharmacist and business owner from Melbourne, Australia. He got into pharmacy businesses early on in his career and bought and sold pharmacies for 15 or 16 years. When the pandemic came, his wife wasn't able to visit her parents who lived in Germany, so they made the decision to move there. He sold his pharmacy, put their things into storage, rented out their house, sold their cars, and moved to Germany. Since being there, they've been enjoying exploring all the new places and traveling around Europe. Alvin attributes his success in business to always having the exit in mind, and setting up his businesses to run without him so they could be easily sold. He advises other business owners to focus on profitability and increasing the average sale per customer.In this episode, you will learn the following:1. How Alvin Narsey transitioned his business during the pandemic by selling his pharmacy and moving to Germany2. The importance of profitability in a business3. How to engage with customers in a retail settingLearn more about your ad choices. Visit megaphone.fm/adchoices✅ Discover your 'Business Sellability Score' and determine if your business is ready for sale: Business Sellability Score🎧 Listen to the Exit Insights Podcast: Tune In📖 Learn how to eliminate owner dependence in your business: Get your copy❓Curious about joining Exit Factor Find Out More🌐 Visit the Exit Factor Website: Explore