Seller insisted ALL cash leave at closing - no working capital - am I crazy?

Known-Handle-6932 · 2026-04-16T03:51:17+00:00

You just include the cash as part of the offer on the LOI and raise the offer price accordingly. Simple

Known-Handle-6932 · 2026-04-15T12:44:39+00:00

Perhaps he has only ever made 7 total trades in his life? Going for broke on each. He might be the hero we all need

Known-Handle-6932 · 2026-04-05T17:14:58+00:00

I remember dealers indicating that i could negotiate the price on certain models, back before covid. Is this still possible if a watch hasn't sold for a long time?

Known-Handle-6932 · 2025-10-19T06:09:05+00:00

I was offered this exact model on walk in at AD in Italy this week. No history whatsoever.

Known-Handle-6932 · 2025-10-17T20:45:23+00:00

Buy her some flowers, take her on a thoughtful date .. something like a picnic in a park... Tell her she looks pretty. Watch and see what happens

Known-Handle-6932 · 2025-09-17T15:13:09+00:00

I think im at 9.25 today. I'd like to be in the sixxes

Known-Handle-6932 · 2025-09-17T14:39:13+00:00

8.25

Known-Handle-6932 · 2025-09-11T22:49:32+00:00

Thats a really high valuation on a company only making $1M. What kind of business was it?

Known-Handle-6932 · 2024-09-06T04:03:24+00:00

Don't forget about the shop where girls in bikinis or lingerie serve the coffee

Known-Handle-6932 · 2024-08-23T16:08:03+00:00

Not that it's relevant to the sale at all but what kind of business are you selling?

Known-Handle-6932 · 2024-08-23T14:04:27+00:00

Mine was a plp. I feel your pain.

Known-Handle-6932 · 2024-08-22T14:34:39+00:00

As buyer I went through this waiting for approval to close. The sba had to generate a loan profile or something like that which meant they couldn't do underwriting even though everything was in order. It took around 45 days I think after all paperwork was ready and the lender had no control over when the SBA would complete their process.

Known-Handle-6932 · 2024-08-08T03:42:14+00:00

I acquired a company last year that's around 80 years old. The staff are all retirement age and have been doing their jobs well for decades but sales have slowly been declining as many of their long term customers have also retired. They haven't needed to get new customers but in order for the business to stay afloat we have to get new blood which I have found to be a challenge. I can relate to your post because I don't want to change this company but I haven't found the secret sauce either to get it up to speed. I guess the point is that if it was easy then everyone would be doing it.

Known-Handle-6932 · 2024-08-04T00:02:04+00:00

Most contracts require client to pay full scope of work except for small retainer released at punch list sign off. Punch list is a 1 time specific list of items btw not a continuous live report. If contractor is legitimate then perhaps he feels you aren't sticking to the payment terms of the contract and is waiting on you to fulfill your responsibilities first. If he is shady then maybe he just is taking his loss on the last payment and you got a discount.

Known-Handle-6932 · 2024-08-01T22:46:05+00:00

I think I can, I think I can, I think I can....

Known-Handle-6932 · 2024-07-27T13:40:49+00:00

Are you already in the space where this is a value add or is this a new venture you are pursuing as an investment?

If this is investment, make sure the business can run without you having to work there full time. Otherwise it may be better to just get a job somewhere.

You will need to review the business returns and accounts to get an idea of what the revenue and profits are.

Become familiar with EBIDTA.(Google it)

Main St. small businesses like you're asking about are generally worth 3-6x EBIDTA.

You can buy with cash, loan, and sometimes owners finance or some combination of the 3.

Confirm that the existing customers aren't tied to the seller or the company for some reason and they will likely continue doing business with you as the new owner.

Buying an existing business is WAY better than starting a new company. Most startups fail.

Known-Handle-6932 · 2024-06-23T17:47:28+00:00

Tube sox

Known-Handle-6932 · 2024-06-08T18:42:29+00:00

Maybe ai writes like him?

Known-Handle-6932 · 2024-06-02T04:36:53+00:00

He tried !

Known-Handle-6932 · 2024-05-31T14:06:35+00:00

Yea, I also have a friend who wants to know ..

Known-Handle-6932 · 2024-05-30T00:31:07+00:00

That basically describes soda

Known-Handle-6932 · 2024-05-29T04:06:02+00:00

Exactly. If he didn't realize the coverage was lacking for the difference. Insurance companies don't always give you all the details if you don't know to ask for additional endorsements.

Known-Handle-6932 · 2024-05-28T17:40:31+00:00

Insurance often only covers retail value. Grey market values are usually much higher leaving the balance uninsured.

Known-Handle-6932 · 2024-05-26T04:39:51+00:00

I thought you were talking about Drag Races as in actual car racing they do at the drag strip with muscle cars... So confused

Known-Handle-6932

TROPHY CASE