Transfering hired merchants to another character?

I apologise if this question was asked before but I could not find it in search.

Has anyone ever tried transfering their Hired Merchants from one character to another on the same account while the merchant is open? Does the shop close down if you transfer it? Just want to know if this is possible before I buy one.

Thanks.

I'd imagine it would close, as the shop is connected to a character's inventory and name. Just speculation though.