A business investment question

3 Replies

Hope everyone is having a stellar evening. Ok, this isn't real estate investing entirely but there is abiut $2M worth of real estate invloved. 

I am plant operations manager in the oil production/manufacturing sector. I essentially run an oil giant service company. It is my goal to buy and purchase manufacturing companies that are distressed, retiring owner etc...flip and hold, rinse repeat. I have spoken to 10+ business owners over the past few years but recently had a good one come through. I have been talking to investors but no traction, and then I get a call today from the broker. Another person is interested and has the money but the owner and broker want me to have the company because I am young and extremely enthusiastic(their words).  Anyway, broker asked if I would be willing to partner with other potential buyer. I have a conference call tomorrow with them. As professionals what should I bring to the table during our first meeting? 

EEK!  Sorry no one responded to you in time!  How did it go?

Originally posted by @Jody Schnurrenberger :

EEK!  Sorry no one responded to you in time!  How did it go?

Went well but the money guy seems to want to go around the broker, so probably not going to happen with him.

I did get another call from the broker and he is going to try and see if one of the son's of the owner wants to take it over and bring me on as a partner. I have a lot of connections and he knows how to build the product. Good match.

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