Larry,
I just went through almost the same situation last year. I had my store since 1970 and decided a few years before I closed that when my lease was up I was going to retire. As many members here know I was a full line music store. I was so worried I wouldn't be able to sell all my inventory before closing but with the supply chain issues I had stores calling wanting to buy whatever I had left on my closing date and I didn't have to sell at a lower price then I was offering my customers.
All my teachers had been teaching remotely during the covid shut downs and they were able to continue to keep their students either teaching from home or remotely or going to students homes. Since closing my store, and I'm in the Los Angeles area, there have been many stores closing their doors permanently over the past year. I know I closed at the right time. It seems that most sales these days are being done more and more through internet stores. The way we do business these days is nothing like the past decades. Good luck in how this all works out for you and your family. I will say I'm really enjoying my retirement!
George Kaye
(Kaye's Music Scene, Reseda, California 1970-2021)
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George Kaye
Kaye's Music Scene (Closed after 51 years)
West Hills, California
(Retired 2021)