transfer business ownership; sell business as going concern
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesverb
to put a business up for sale (as a going concern); to transfer business ownership to a new operator
technicalSpecifically refers to selling an existing business as a complete operational unit (including inventory, equipment, and premises) so the buyer can continue trading immediately. Distinct from liquidation (closing down and selling assets separately).
Yóu由
yú于
lián连
nián年
kuī亏
sǔn损
，
lǎo老
bǎn板
jué决
dìng定
jiāng将
cān餐
tīng厅
zhāo招
pán盘
。
Due to consecutive years of losses, the owner decided to put the restaurant up for sale.
Zhè这
jiā家
biàn便
lì利
diàn店
zhèng正
zài在
zhāo招
pán盘
，
yǒu有
yì意
zhě者
qǐng请
zhì致
diàn电
xiáng详
tán谈
。
This convenience store is currently for sale as a going concern; interested parties please call for details.
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Tā他
huā花
le了
wǔ五
shí十
wàn万
bǎ把
nà那
jiā家
kuī亏
sǔn损
de的
gōng公
sī司
zhāo招
pán盘
xià下
lái来
，
dǎ打
suàn算
chóng重
xīn新
zhěng整
dùn顿
jīng经
yíng营
。
He spent five hundred thousand to take over that loss-making company and plans to restructure its operations.