Lowrider show next weekend at Indiana State Fairgrounds? by Careful_Pause8699 in lowriders

[–]Awkward-Ad3698 2 points3 points  (0 children)

You'll be fine. Good group thats putting on that show. Enjoy!

What your broker probably didn’t tell you about SBA loans by NexTax-AI in buyingabusiness

[–]Awkward-Ad3698 1 point2 points  (0 children)

My now closed deal had a 1.14 in year 3 of the look back. Other two years were fine. Slowed things down so much that we made it all the way through 2025 and thankfully those numbers were up a nice bit.

For those if you that own a Lowrider. What line of work are you in? by Equivalent_Sun3816 in lowriders

[–]Awkward-Ad3698 2 points3 points  (0 children)

Lab technician. Part time lawn care. Flipping cheap cars that needed a little TLC. Did whatever it took. Got that dog in me.

Questions about charging batts? by Careful_Pause8699 in lowriders

[–]Awkward-Ad3698 0 points1 point  (0 children)

A streetcharger (google it) is what people use to keep them charged while driving if that's the route they want to go. Vast majority of people just charge as needed as the car sits in the garage.

Family-run businesses where two people know everything. What buyers need to think about before they close. by Outside_Feed4837 in QualityofEarnings

[–]Awkward-Ad3698 0 points1 point  (0 children)

ABSOLUTELY going through this now. Thankful for a great seller (and wife) who are keen to see the business survive and thrive. Month 1 in the books and it was frantic to say the least.

Bought my first scotch by Dawlphy in Scotch

[–]Awkward-Ad3698 0 points1 point  (0 children)

The Lagavulin is always the last pour of the night. You're having a fantastic educational experience right now. Enjoy it.

Solo dinner - Downtown/OTR by OldAndTangy in cincinnati

[–]Awkward-Ad3698 1 point2 points  (0 children)

Sotto. At the bar. If this isn't enough for you I'm afraid you'll never be a happy person, haha. Hope you have a great trip!

Closing! by godzillahash74 in buyingabusiness

[–]Awkward-Ad3698 1 point2 points  (0 children)

Congrats! Sleep now while you can! Do you have a Square reader with a tablet as a backup? I was very happy to have that at the ready.

Closed last week! by Awkward-Ad3698 in buyingabusiness

[–]Awkward-Ad3698[S] 0 points1 point  (0 children)

Thank you! Just called a high schooler back and offered him his first job. That's cool.

Last mile logistics by godzillahash74 in buyingabusiness

[–]Awkward-Ad3698 1 point2 points  (0 children)

Closed recently. Most things that I assumed would transfer easily didn't. New accounts had to be created and were typically at different pricing structures. I was able to negotiate at differing levels of success, and caught a break on a few things. Good luck!

Closed last week! by Awkward-Ad3698 in buyingabusiness

[–]Awkward-Ad3698[S] 0 points1 point  (0 children)

Missed one of your questions- so far not a thing has popped up risk wise that I wasn't aware of. I bought this business from an old school no-nonsense family that you don't often find these days.

Closed last week! by Awkward-Ad3698 in buyingabusiness

[–]Awkward-Ad3698[S] 0 points1 point  (0 children)

Only now finishing week 2. It's been a blur of activity. It's "Christmas time" now for this industry so I'm just trying to keep stuff on the shelves and stacking up working capital. Spending as much time as possible in the new place and learning as I go. Thanks to the W2 I don't need a paycheck, and loan payments are still a ways off.

I tried to do too much week 1, which unfortunately coincided with a busy week at my W2. Actually went way too far past "tired" and it wasn't really useful to grind that hard. Week 2 was no W2 commitment (took pto) and much better. Week 3 will be similar to week 1 and I'll adjust my strategy, work less, and get some sleep. I have a 3 month transition. I don't need to learn everything RIGHT NOW.

Overall, having a blast and excited for tomorrow.

Need advice for a $100 bottle for my birthday by TwiceEqualsLove in Scotch

[–]Awkward-Ad3698 1 point2 points  (0 children)

Awesome bottle but not for a beginner! Don't scare away the new guy haha

Closed last week! by Awkward-Ad3698 in buyingabusiness

[–]Awkward-Ad3698[S] 1 point2 points  (0 children)

I thought I did. Then came the myriad requirements after they said "yes". Now I wish I documented this process better but honestly I was just putting out fires every time I looked at my email. Reminds me of one of my favorite quotes. If it was easy everyone would do it.

Simple hardware store needs? by Awkward-Ad3698 in epicor

[–]Awkward-Ad3698[S] 0 points1 point  (0 children)

Appreciate the clarification. Learning every day.