What is a phone number worth?

I'm in the process of closing out my business due to a career ending injury in July. I've had the same phone number for my business since 1987 and have run a reputable operation with no oustanding debts, obligations or warranty claim issues. I don't want to sell the company name but would be willing to sell rights to use the phone number and name until June 30 2010 when my yellow pages contract expires plus maybe negotiate a deal for another year. Would this be possible to accomplish without leaving myself open to a big legal mess down the road if they misused it?

My business was a small operation doing about 80% referral, grossing between 250-300K a year at about 30% above going market rate. Any advice on what something like this would be worth or am I just dreaming?

Sounds like a tough sell. Maybe keep the phone, but find someone that would buy the leads as you get them?

Hey seen-it-all give me an e-mail,I might be interested.

Kage you want to become an island boy?

Maybe i could buy it and move back to Canada before obama and his cronys wipe me out! :woohoo:

I like Naniamo, rememeber running around harbor park mall as a teenager or the bath tub races.Just have to turn up the heat a little and no snow!Then we got a deal!

Only 1 day of snow so far this year. Rain is another story though. What is your email kage? They are going to tear down harbour park mall and redevelop with highrises and commercial space to go along with the new cruise ship terminal going in. Big changes coming for the waterfront.

At the bottom of my post where it says e-mail me

Well there goes my memories,and when i was in vic they were still working on the empress roof.Looks like they do a piece at a time we stayed there 9 days,it is such a beautiful old building.

I remember the empress getting worked on they did again a few yrs ago,repairs

They are changing it out slowly,one side is new slate and the other is still old slate when your facing it.They have walkways built up on the dormers,its really a diffuclt job.I imagine it will take a few more years.

Its a time consumer thats for sure,I heard they get quit a bit for danger pay on top of labor.

Here is a YouTube video someone has shot and around the 5:21 and 5:51 mark they pan the roof and you can see the catwalks over the dormers and at the end of the building.

http://www.youtube.com/watch?v=76Eno_YOG6Y

Those old CP hotels all seem to be at least 20/12 pitch. I don't see any disposal or lifting provisions. Are they relaying the old slate?

No theyre using new slate

They have a crane come in to load when there working on it.