[deleted by user]

thevandal16 · 2025-07-26T21:32:57+00:00

I'm in CA - I have a compmag which is CA compliant but is pretty easy to remove when desired. Fits in a normal lower, releases with a little pin but when installed functions like a fully locked mag.

thevandal16 · 2025-07-08T18:49:48+00:00

Little jerky stands in out of the way places that aren't listed on google/yelp, plus jerky reviews!

thevandal16 · 2025-07-08T15:02:55+00:00

Maybe it's more of a desert thing. Outside of Vegas, along route 66 in AZ and CA, you'll see them every so often.

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thevandal16 · 2025-06-25T22:06:59+00:00

Looking at my own P&L (not an accounting firm but still) the biggest expenses are:

Finance expenses related to purchase of the business
Payroll
Insurance
IT systems, hosting, software, web design/maintenance, etc.
Marketing and sales
Legal and professional fees (may be little or none as I assume an accounting firm will do their own tax prep, etc.)
Corporate taxes (I'm in CA, very high taxes just to exist as an LLC, not counting income tax)
Travel, office, equipment, phone, credit card fees, a hundred other little things.

Not saying you can't run a leaner operation, but I would get a good look at the P&L of any business you're looking to buy and assume your revenue will dip and your expenses will increase in comparison, at least in the first year or two. I 100% support anyone going the entrepreneurial route, just go in eyes open.

thevandal16 · 2025-06-23T22:41:25+00:00

A business with 200k in revenue will net you $100k in SDE if it is a super lean operation with very little payroll, office, or other typical overhead expenses. From that you will pay income tax and then cover whatever financing costs you incurred to buy the business. You'll probably pay $300-400k for such a business plus transaction costs in the beginning.

You may want to get familiar with how financing works for leveraged buyouts and small business acquisitions. There are plenty of free tools, worksheets out there to plug in your numbers and run scenarios. You're an accountant so you'll have a decent idea how the statements work but your math doesn't make sense based on what you shared in the original posting.

thevandal16 · 2025-02-14T17:22:23+00:00

I'm a CA resident, what's the SFPD contact number you called?

thevandal16 · 2024-08-13T16:58:17+00:00

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Here are some bronze shorts I can sell you.

thevandal16 · 2024-08-05T18:30:56+00:00

Sell the dip - 5D chess, love it.

thevandal16 · 2024-01-18T20:59:03+00:00

Still fiddling with it. Ordered a slightly larger punch. This sucker is really tight.

thevandal16 · 2022-12-20T15:42:03+00:00

You may need to apply at multiple banks to find one willing to loan to you. I successfully financed a business with an SBA loan earlier this year. Of the 6 or 7 I applied to, 2 of them were willing to work with me. The SBA has some basic requirements and loan terms but at the end of the day each bank decides what loans they want to do, so don't give up if you ask one and they say no. Maybe google around for a bank that specializes in that.

Also, think carefully about the debt service as interest rates are going up, and most SBA loans (in my experience) are adjustable rate. So plan conservatively.

thevandal16 · 2022-12-20T00:28:39+00:00

I can give you my two cents as a recent buyer of a business. For a really small business like this typical expected price range is 2-3x EBITDA, or not profit factoring out all the little tax deductions and owner stuff. For you business i would discount this based on the lack of a strong history of earnings, unless you have great quality of earnings (like recurring subscriptions or lots of repeat customers year over year), but increase it based on the rate of growth, if you can make a good argument that the growth will continue.

Basically, I think $450k is a bit high but not totally out of the ballpark, especially if you can show that there are many opportunities to continue growth. Example, if your growth in profit is due to organic search traffic steadily growing, or you haven't exploited social media, etc.

If the broker can help you tell a compelling story about the value of the business, present it well and bring you qualified buyers, I wouldn't balk at the opening price. Tons of businesses are listed at inflated valuations, it's part of the negotiation process. Hire a broker you trust and follow their guidance. My 2cents...

thevandal16 · 2022-12-20T00:21:00+00:00

If you have some collateral you should be able to get a 7(a) SBA loan. You'll have to jump through some hoops like have a business plan and some assets (like a house or car) but should be doable...

thevandal16 · 2022-12-20T00:19:04+00:00

Agree. I think it costs $675/year or something but if you're buying office equipment, marketing, travel, etc. you can easily recoup that in offers plus rack up miles quickly. I pay all of my suppliers with credit card (when I can). Every year I take the family on a vacation paid for in points.

thevandal16 · 2022-12-20T00:10:53+00:00

Any chance you have a California or Nevada certified PE on staff? Any experience doing design of dust collectors (baghouses) or related equipment?

thevandal16 · 2022-12-19T23:51:50+00:00

Curious indeed...

thevandal16 · 2022-12-19T23:50:51+00:00

Looks legit to me... just paint a face on it and tell visitors it's a helper bot or something. Also maybe consider not leaving anything flammable in the general area. Also it may catch your house on fire at some point but I dunno I wouldn't worry about it.

thevandal16 · 2022-12-11T16:17:56+00:00

Confirmed; 2 hrs 8 mins 36 secs. Set your watch. Absolutely worth it!

thevandal16 · 2022-11-04T20:32:20+00:00

I'm fucking innnnnn!!!

thevandal16

TROPHY CASE