Talk of The Villages Florida - View Single Post - Why Did The Villages Sell Southern Lifestyles?
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Old 09-21-2013, 08:40 AM
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Default Think About It

Quote:
Originally Posted by Rc Moser View Post
Why would they leave a gravy train or should I say train load of income for them and their siblings. Don't see WB selling out even though I wish he would keep his mouth shut on topic's other than business. So why would they?
Think about the question. Southern Lifestyles had the market to themselves. Houses were being built and occupied at the rate in the hundreds per month, depending in the economy. At the completion of build-out that "gravy train" slows down dramatically. Southern Lifestyles would have a market defined as filling in already furnished homes, competing with any other furniture store in the area. I think the Morse's sale of this business is a wise decision to minimize competitive and financial risk. The furniture business certainly won't be the "gravy train" it once was.
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