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Almost Sold My Business


Rootster

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  • I see a red door and I want to paint it black
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  • Member For: 15y 4m 14d
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  • Location: Far north queensland

Im in the same boat.....

Sold my hydraulic hose franchise this month and new guy takes over mid January..... :beerchug:

I was looking at buying a tilt tray with a forklift contract but it was sold last week as someone else thought it was worth more than I'd offered :hohum:

Im currently having a stew over what to do next....I don't really want to go back working for a boss either but if it comes down to it, then that's what I'll have to do...

Currently researching businesses for sale..... :dontknow:

Nick....I can really identify with the "missing the cash" side of things though.... :Doh:

Hose fitters in PNG on 130k+ FIFO - bloody cruiey work for someone like you.

but like XR09 said - it aint all beer and skittles in PNG

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  • Member For: 16y 4m 24d
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Why share the business?? Courier is only 5 days a week work.

230k minus expenses then split 50/50 hmm sound like you will be making something closer to 70/80k

lmao..jimmy..any chance you could do my tax for me....you do so well with figures...............

Been through the books jimmy...........Expenses about $100 week in fuel...and a couple of services....That adds up 40-60k........:roflmbo:

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  • Cruise Control
  • Member For: 18y 2m 12d
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  • Location: Macksville NSW.

Hose fitters in PNG on 130k+ FIFO - bloody cruiey work for someone like you.

but like XR09 said - it aint all beer and skittles in PNG

20 years ago I probably would have considered it.....but nah'...like my comfort too much now... :hohum:

I'll keep an eye out for another business here in Sydney..... :spoton:

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  • Member For: 17y 1m 4d
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lmao..jimmy..any chance you could do my tax for me....you do so well with figures...............

Been through the books jimmy...........Expenses about $100 week in fuel...and a couple of services....That adds up 40-60k........:roflmbo:

I was also considering loan repayments on the business purchase....Then there is franchise fee's, running costs Insurances etc..... It all adds up...

Out of curiosity, what do you pay for a business that turns over 230k with only 6k in expenses???

As for those speaking about PNG, if anyone goes there hit me up, I have a few family investment going on and head over there a fair bit.....

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  • Just a large member member
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  • Member For: 16y 4m 24d
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Well jim talked me out of the courier run.....:surrenderwave:

Life can be funny...went to my local cafe car wash today...Sat down with the owner and enjoyed a coffee with him..

Told him I was almost out of my business.....His reply was do you want to buy mine.........

Let the negations begin.........I think I would enjoy doing that.....:buttrock: Looking from the inside out.....I think its a gold mine..

Going to work a couple of months for free next year and see how it all works out..........

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  • Just a large member member
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  • Member For: 16y 4m 24d
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not bad thinking.............a free car detail to any mod who votes for me to become a mod.........:roflmbo:

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  • Just a large member member
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:roflmbo: true..but I think they would want something more than a polish..well jamie has that end covered...
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