@JohnDoeKnowsGuy average 18%, ~540k SDE, at that size will likely bring 4-5x multiple for a normal buyer.
Guesstimate around 2.45m EV
Deal structure likely to include some seller financing and broker fees.
Assuming no debt probably around 1.8m cash at close with a 300-400k note.
women are always making height requirements a dealbreaker for guys but their short ass is the reason short guys exist. that’s why i’m only dating 6ft and above.
Things quietly inflating what you pay for everything in the US:
Import taxes. Low-volume shipping. Credit card fees. Insurance. Loan rates. Uncapped energy rates. Welfare overhead. Inflation.
Each one adds 1-5%. Together they add 20-40% before margin.
Americans are continuously being squeezed my small incremental markups on each of these YoY.
I’m not sure how much more AI slop content with
“they’re not doing X, they’re doing Y.”
“that’s not X, that’s Y.”
“it’s not X, it’s Y.”
formatting I can handle.
I understand both sides, insurance companies are scams but the contractor is fingering the shingles trying to make whatever mark more visible because it’s bs in the first place. Hail hits by HAAG requires mat fracture, trying to say normal wear on a 30yr shingle is hail damage ain’t it.
In a real hail storm hits are obvious you don’t have to fight over it.
@A_LastingLegacy It’s a tough pill to swallow for the boomers when you work hard for decades thinking you have a nice retirement golden egg at the end of the day, just to find out your house is worth more than your business.
@naruto11eth maybe initially but capitalism will adjust market rates and users will integrate other tools on the market or open source to keep production cost and overhead low.
been working from home a fair amount recently and people have been saying “must be nice”. Yeah it is nice, I spent the two years living in my warehouse building up seven figure businesses. I’m going to take some time to work in an environment that allows me to not go crazy.
People with $5–25M+ net worth: What does it feel like being the poorest rich person in your network? Is that actually a thing, or are people just LARPing about what it’s like to be in those big-wealth circles?
Create your own productivity tool to upload notes, tasks, etc., categorize them, assign an estimated task completion time, and slot them on your calendar. At the end of the time, mark reschedule or mark complete. Optionally configure a project deadline to accurately prioritize the task assignments.
The key function is being able to dump notes, tasks, and ideas into one location and build a backlog with a priority structure in place and auto-schedule the tasks by importance (human in the loop to approve daily task list).
Mentally, you gotta calm the “squirrel” distraction until the core task at hand is done. Either finish it or only work on that topic within the allotted time. Dump ideas or future tasks into your intake when you have the idea or remember a task you need to do.
@adxtyahq so use a redundant llm you’re trying to switch off of to rebuild history instead of using the new llm and letting it store your history? what..
For home services across the board, I think 50% margins is a good metric to aim for; new construction, 15–30%. Though I’m in HVAC, not plumbing.
I believe plumbing margins are actually supposed to be better than HVAC on service and repair since the COGS are typically less expensive for plumbing.
For repeat commercial accounts/service agreements, I’d work parts and labor discounts using the 50% target as the price anchor before discount. You should factor in that most commercial accounts get floating net terms, in addition, so why should they also receive low margins on more complex jobs?
I’m curious to hear from actual plumbing owners though.