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[quote=Anonymous]OP, your dad is your employee. Not your co-owner or your venture partner. If he is interested in maintaining a salary at the clinics when you no longer own them, then he is free to pitch his services to the next owner. He will surely get turned down due to his history, but that doesn't make him your co-anything in regards to these clinics. He didn't put any capital into the clinics when you bought them, so he shouldn't get any when you sell. If he had put in some amount, then a proportional amount of the sale would make sense, but I don't understand why you're entertaining this at all given what you've described. The inflated salary for him & his wife is more than gift enough from you. I think you need to face the music here. Your dad is a toxic person and continuing to poison your life in adulthood. What he has asked of you since acquiring the clinics is irresponsible. What he has asked of you for his personal benefit, at direct cost to you, is unreasonable. Effectively, he convinced you to buy out his old employer because he knew he'd lose his job with a new one and now that you've lucked out that this hasn't been a financial disaster and may turn a profit, he wants you to continue paying his way. But he won't see any of that - he will see himself as the one who deserves all the credit and he will demonize you if you take what's yours. Honestly, I would get a lawyer and have the lawyer write a letter letting the employees know that you'll be selling. I'd give dad a call the night before it goes out and I'd be prepared for this to be the end of the relationship. He's using you and if you refuse to continue being used, this likely will be the end. Be strong OP. Good luck. [/quote]
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