Well, FINALLY! I have a signed contract on the property in that wonderful small town I spoke of in my last blog post. But finally, we got to the point where neither one of us would move, and I hated letting go of that which I saw so much positive in. So, I made the sale, and I signed the contract, and I have LOADS of stuff to do now. I have 3 banks, 2 insurance agencies, 15 vendors, and tons of City and County offices to visit. Everyone is really nice, and the people in the town are ECSTATIC that I am opening there! Apparently, the building and its owners in the distant past were there after the bars close and eating a late night breakfast.
I hope that all the plans I am making will happen. Beer and Wine listed here as one of my BIGGER priorities. Equipment at a low cost, and vendors all in place. I want it to go off without a hitch! And that is going to take a lot of time and hard work. So when I finally get there this coming Tuesday again, I have about 10 hours of back to back meetings with a HUGE amount of people.
It's time, for my chance to make my life, ALL that I had hoped for since I was a kid. And now, for once, I have a building that is both affordable and NOT rat infested, or mold ridden, or with rotted out walls. It is actually REALLY nice inside, and the space requirements I have are greatly diminished by the size of the building, but in my apartment I am renting, I can add a garage unit for dry storage and just use it exclusively for that, and then I can write off the expense. I also have 3 sets of financials, worst case scenario, moderate sales potential, best case scenario. This way I can approach each of the banks I meet with, an accurate as possible expectation that they will give me the financing I need. Because they will be confident in my ability to make the business work.
All those years of experience, and the blood, sweat and tears I shed; I guess it is already coming to a head now, and it is finally MINE! I don't have to pay the mortgage for someone else. The mortgage, the equity I am building, all of it is mine!
If you want to come see the place, drop me a line, and I will talk to you about it, and I am off to sleep. It's about 6 pm, and I have not been to sleep from last night yet. I have had so much paper work to do to apply for the loans, and insurance, and stuff. I am just having a difficult time holding my eyes open. Bye!
Don't forget, JULY IS NATIONAL HOT DOG MONTH! So go buy your banana's!
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