30 'road to ruin' on Blue Hills succession

Tue, Aug 24th 2010, 11:00 PM

By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

Blue Hill Road area business owners yesterday said continuing sales declines of up to 30 per cent, induced by the roadworks and potential re-routing, are threatening succession/inheritance plans, namely ensuring the firm remained in the family by handing it to their children.

Arnold Heastie, whose gas station and convenience store has been around for almost 50 years, said he would like to pass his business on to his daughter. However, with double digit declines threatening his sales, and roadworks possibly threatening his infrastructure, he does not know how long the business can survive.

According to Mr Heastie, the roadwor ...

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