Hello! First time poster here and I have a few questions. I am managing a storage company and have learned the inner workings and all of the day to day troubles a storage company can face. I think I could run this place on my own and the owner is wanting to sell. He has had a few buyers back out and hasn't had any luck selling.
My questions are-
1. Being only 22 I have no capitol and thus don't have the 10% required for a secured commercial loan. I have been told to try a local Capitol Investing company. Does anyone have experience with this? I want to talk casually with them to be better prepared. Is a NPO Capitol investor a good and realistic option?
2. Determining the truest value of the company. The asking price is supposedly high, but I know the values of the construction and the cash flow statements. What is the best way to calculate what a good offer would be for the company.
3. Being so young I feel disadvantaged, how can I overcome this and convince someone to invest in me?
Any help would be appreciated!
My questions are-
1. Being only 22 I have no capitol and thus don't have the 10% required for a secured commercial loan. I have been told to try a local Capitol Investing company. Does anyone have experience with this? I want to talk casually with them to be better prepared. Is a NPO Capitol investor a good and realistic option?
2. Determining the truest value of the company. The asking price is supposedly high, but I know the values of the construction and the cash flow statements. What is the best way to calculate what a good offer would be for the company.
3. Being so young I feel disadvantaged, how can I overcome this and convince someone to invest in me?
Any help would be appreciated!