Consumer Law, Warranties Help, Dr. Who Got My Inventory, Wants Some Money Back, Do I Have To Pay?

[proby2]

I owned an Optical Store in Iowa and this Dr. bullied me until I sold it to him and his partner. The first Dr originally offered me $30,000 and then his partner came in with the contract and I was ready to sign it, he told me to think it over, and then called me a few days later and told me they would only give me $11,000 for inventory and $4.500 for good will and furnishings. (He definitely got his moneys worth there, he even took the mirrors off the walls, he left no stone unturned when he took the furnishings. He took every piece of paper, everything that was not nailed down and everythig that was. The only thing he left in the store were the phone books and the paper work I had to finish up.) They would not give up until I sold it, They wanted us out of there as they do not want any competition anywhere around there. They also made me sign a clause saying that nobody that worked for me could work anywhere within a 20 mile radius for 10 years or open a store of that nature, but that should not affect my dad as he never was actually an employee, he just volunteered his time. I never paid him a dime and he was not an owner. Anyway, both of the Drs came into my store several times and looked at the frames, the lenses, and all the furnishings in my store. They knew what they were getting, all of it. I was a small store and when I ordered frames I only ordered 1 or 2 at a time, not great quantities. We signed the contract on Sept 17 and I called him several times to come get the stuff and he would not come until the 30th to pick it up. Now he is saying that the inventory is only $9,500 and he wants $1,500 in cash from me. He is going off his numbers, what he pays for frames. He has a much bigger store than I have. He is a chain store. That is different from what I paid though. I never deceived him and he got all our lenses, cases, displays, everything. He even took the Drs. files. He had 3 days to cancel the contract which is what the law allows. I waited over a week to cash his check to see if he was going to back out of the deal before I paid off the debts I owed. I gave him ample time to back out. He did not, now he is trying to bully me into giving him money I dont have and dont think I should have to pay. He is known for doing this and I will not be bullied anymore. He won't show me his numbers either. Just tells me its off. I really don't have to pay him do I? I got rid of the store to be done with it. I am a single mom of 2 little ones, without a dime to my name at this point. I live in a low income apt. and currently am unemployed. I have never cheated anyone in my life. I hope you can help me. I really need some help. Thank you so much.

 

[dee_dub]

Does the contract specify what was included in the inventory?