Total Members: 159,401

999ivan

  • 999ivan replied to the topic property and business investment in the forum Commercial Property 12 years, 1 month ago

    Hi Thanks for your patience. I realized after sending last post that I haven't been listening. So was expecting a rather different reply from you, If I got one at all!
    I feel like I've got it now . Thanks again.

  • 999ivan replied to the topic property and business investment in the forum Commercial Property 12 years, 1 month ago

    Hi Freckie and all. Again super grateful for all the feedback. Just to update everyone, I did pull out of the deal a few days ago. citing only the inequality of the property side of the investment. I did leave the door open if they could restructure the deal to my advantage. As hoped they say they have a better proposal for me, which they intend…[Read more]

  • 999ivan replied to the topic property and business investment in the forum Commercial Property 12 years, 1 month ago

    Thanks again. Feel much clearer now. Could you please answer my other question, re the lawyer doing the negotiating for me.

  • 999ivan replied to the topic property and business investment in the forum Commercial Property 12 years, 1 month ago

    Great advice. Thanks a lot. Two questions.
    !. Regarding what they're bringing to the table. They have a letter of Intent from a fairly large chain of pubs to sell our beer.
    Obviously that's just a piece of paper right now. The reason I think the business will be a success is that one of the guys
    is a roaring success story over the last 5 years.…[Read more]

  • 999ivan replied to the topic property and business investment in the forum Commercial Property 12 years, 1 month ago

    Great advice. Thanks a lot. Two questions.
    !. Regarding what they're bringing to the table. They have a letter of Intent from a fairly large chain of pubs to sell our beer.
    Obviously that's just a piece of paper right now. The reason I think the business will be a success is that one of the guys
    is a roaring success story over the last 5 years.…[Read more]

  • 999ivan replied to the topic property and business investment in the forum Commercial Property 12 years, 1 month ago

    Again thank you. Guess my final question is how is there a way to get a better deal. Or are they beyond hope?

  • 999ivan replied to the topic property and business investment in the forum Commercial Property 12 years, 1 month ago

    Thanks for your thoughts. They have a brew master lined up but would also both be drawing a salary. One as general manager and one as VP of sales. The other way I feel I may be being taken advantage of, is in the division of equity shares in the brewery business. They want me to invest 240,000 for 15% while they would invest 20,000 cash each and…[Read more]

999ivan

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