The logline is tagged as a "Coming of Age" genre. How does it qualify as a coming of age story? How old is he?
"To regain his lost glory": Why will an audience empathize with and root for a character who seeks to re-inflate his own sense of himself? Suggest the story be framed as a redemption story -- not as an ego salvage operation.
Whatever, loglines are about plots, and plots are about the pursuit of a specific objective goal, not the satisfaction of a subjective need. Rocky Balboa does not accept the challenge to fight the champ so he can "find his center". Whatever he discovers about himself is an unintended, collateral consequence of his pursuit of the objective goal, to fight the champ.
So what is your protagonist's objective goal? He joins his ex's business -- then what? What is his *specific* business plan for rescuing the business?