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I'm concidering Looking for a partner

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Author
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July 30, 2011 at 4:24 p.m.

Tin Man

Health issues have taken hold of my life. I'm thinking of taking in a working partner. My son (40) is a great roof mechanic, but not a business man. I need someone to come in and faze me out. We have a top rated house roofing company, in Phila.,PA., as our "Check Book" ratings will show. We have a Warehouse, small sheet metal shop, trucks, and a great location from which we work. We also have 80 yrs of equipment. This is a small Mom & Pop operation, with a good customer base. You won't get rich, unless You want to keep building, but, you can make a good living. E-mail me or call me at 215 676-7764, we can talk. Talk is free. I don't want to sell it at this point. My son however needs a partner. I'd like to draw some money from it. The business is based on me, and my contacts. I own the buildings, trucks, equipment, and goodwill.

August 10, 2011 at 2:19 p.m.

Tin Man

No salesman needed. I keep getting as much work as this Mom & Pop can handle. We don't make BIG money, just a steady living. No overheads, advertising, small payroll = small controlled company.

August 8, 2011 at 5:29 a.m.

clvr83

Tin man: Could a sales man position fulfill most of your needs?

August 7, 2011 at 10:42 p.m.

jimAKAblue

You might consider selling the business and staying on part time as a consultant.

Or, sell the business to storm chasers.

August 7, 2011 at 1:52 p.m.

Tin Man

I thank all of you for your input. I know this is a young persons game. Ciak sees through a young mans eyes. There's nothing wrong with that. He does not read all the information. I'll be 67 yrs. Old in Oct.. My health as is my wife's is not good. My concern is that my son could continue, with the right help and guidance. It just seems shame to throw out 42 yrs. of customer base and good will. I would hope I'll be okay, finical. Selling things in pieces just doesn't seem like a winner. It may however be the only option.

August 4, 2011 at 12:43 p.m.

CIAK

You can do what I did. I diversified. 1 Sold all my equipment let all my guys go. Kept in touch with the good techs. Maintain my state lic. do repairs at a high level and quality. Have the capabilities of subbing any roof system out there if the money is right. 2 Became a Landlord. Collect rent monies on properties I own. 3 Met the required education standards applied for and received my Independent adjuster lic for the State of Florida. Hold many other state adjuster license and work in states such as California ,Arizona under another adjusters license after I pass the intense security and background checks necessary every time I am deployed . Hired on by a company that pays me to travel, + all my expenses + excellent pay. I mean excellent. 4 I haven't formulated what I'm going to do to fill in the other hours of the day. I'm still exploring. Life is good and full.

tinner, did you high jack the thread to promote your business?

http://www.youtube.com/watch?v=dzLB4xAY10Y&feature=related Deep Down In Florida Where The Sun Shines Damn Near Every Day

B) :) :) B)

August 3, 2011 at 4:14 p.m.

tinner666

Sorry to have jacked the thread Tinman. I just don't know what to suggest. When I die, it's gone.

August 2, 2011 at 11:51 a.m.

Tin Man

I'm looking at the replies, and getting discouraged. I bought my other business from a good friend, I guess things were different then. I'll peek in every once in a while. Maybe there's an answer out there someplace.

August 1, 2011 at 9:27 p.m.

tinner666

A tad far for me, but we'll see. Wife likes the area. 226 mi, 4 hours 15 mins. Give me a call if you want tomorrow. 804-833-6418. Or, I can call you.

I posted pix of my current job at remodel crazy. Fools built a window sill into the roof. A wall was 6" past that. The wall has shifted and I had to build a slip joint in case it moves any more. Bearing wall was 2" different from before so new rafters were 2" longer. Made for unique slating to bring it together.

I hope I remembered to remove the copper nail so the wall can move freely. Danged if I remmeber.

August 1, 2011 at 7:17 p.m.

tinner666

Heck, I don't know enough about slate anyway.

August 1, 2011 at 7:07 p.m.

tinner666

Old School Said: Hey Tinner, are you coming to the slate seminar in Landcaster this next weekend?

I wish. Too busy to take time and die. And no money to show for it either! Took some major hits tax-wise and with the hospitals this spring. I'm deep in the hole for now, but can see the green line above! Maybe next year.

August 1, 2011 at 10:58 a.m.

JET

Big mistake.......believe me. If you can't sell it or your son can't buy you out you're probably in trouble. I'd try to sell to another local roofing company that's looking to expand their customer base and yours sounds like a good one. Your phone number alone is worth the money. Put feelers out locally and offer to finance the deal with a large down payment. Partners NEVER work, believe me. I've had three different ones in my life and cursed the day we hooked up. If all else fails try to hire some management/sales talent that you can control and get rid of if they don't work out. Good luck........

JET

July 31, 2011 at 8:37 a.m.

CIAK

WARNING WARNING WARNING WARNING Ok, I have some real time advise for you. You are about to enter into a living hell. Partners are another wife looking for what is in it for them, how they can get everything that is and isn't theirs without a prenuptial agreement. They don't think like you. It is a huge mistake and I will warn you, Your health will exponentially deteriorate at a rate you cannot even imagine and your business and most likely personal life toilet material. Figure out something else to secure the future of your legacy.

Deep Down In Florida Where The Sun Shines Damn Near Every Day B) :) :) B) http://www.youtube.com/watch?v=dzLB4xAY10Y&feature=related


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