65k profit in 2008 but partner split so investment or silent partner needed

[MH1]

I think the point Chris Ashdown was making is you are not pitching for the money at all well, whilst you might be sold on how good an offer it is end of the day 99% of people will want a reasonable proposal put in front of them,a nd as mentioned why should they go looking for the details, when they have the money.

I on the other hand do not have the money, but with a better proposal you might have more chance of interesting someone who does, after all, it's not that much work to type the details correctly just once, is it?

 

[Tej]

im not getting arsey and rude when idiots on here come up with stupid comments by putting 2 & 2 together and coming up with 5 what do u expect ?

Idiots eh!.. you have proved nothing about your business. business 123 came up with enough.. and you say you are the real deal!!

At least you cannot give any valid answers to the "idiots" here.
You might as well take another holiday.to your property in Spain. . to make it 5..

And note you start another thread!! wanting the dosh!

Sounds fantabulous

 

[downsouth]

could you not proceed at the slower pace, that way building the business up again by yourself, keeping all profits internally.

Looking at your previous forecasts it wouldn't take long to be back up to full speed.

It may sound good to have a 'partner' onboard but might create more hassle/issues than its worth. A quick look on the forums and you'll find plenty of stories regarding partnerships going sour

 

[MH1]

In your position being able to back things up as you mention I would personally borrow the money from a bank.

 

[DuaneJackson]

Do you guys really think that this forum is full of gullible idiots that need your protection?

If the OP is a scammer - which there's nothing to sugest he is - then surely anyone interested in investing is capable of doing due dilligence?

If you've got something constructive to add to the thread then great. If you want to question the OP, then fine too - but do it with atleast a modicum of respect.

 

[oldeagleeye]

I appreciate what you say Duane but some of these posters wanting money really do live in a dream world. Some make absurd claims like the one a week of so ago with talk of $3.8 BILLION profit in 3 years. That as I recall was an auction site that had been running for over a year and hadn't managed to get one free advertiser in all that time.

By the way the CEO/President who was so snotty about his title to members. Well he is actually a gardner and not even a self-employed one.

We then get yet more dreamers or scammers. They want £20K - £30K but don't want to say what the business is but gradually with every post they dig theireslves a deeper and deeper hole.

Now I don't know if this guy is a dreamer of just lacks common sense. Then again he could just be confused. He started this thread with wanting the money for a 50% shareholding. Now it seems he is offering to pay back £30K on £20K. That in my book anyway is an unsecured loan - yea right and what is the business. I think he mentioned selling things on E-bay.

Now why on earth would anyone in their right mind hand over £20,000 quid to a stranger to gamble on E-bay. They might just as well take a round the world trip and start up a little drop shipping operation theirself.

I think what really gets members going however is that we get so many spammers on here that the forum itself has got a reputation whereby these people actually do think that we are all fools. That and the lies like the phone hasn't stopped ringing with investors queuing up.

Well if it has for chummy - good luck to him. I think he will find though that Santa has gone back to lapland for a year. In the meantime I would suggest anyone seeking investment on here come prepared with a full blown business plan and have something more substantial to offer than an E-bay account.

 

[Tej]

Do you guys really think that this forum is full of gullible idiots that need your protection?

If the OP is a scammer - which there's nothing to sugest he is - then surely anyone interested in investing is capable of doing due dilligence?

If you've got something constructive to add to the thread then great. If you want to question the OP, then fine too - but do it with atleast a modicum of respect.

Respect begets respect... has he shown any?

 

[estwig]

Gotta agree with Tej, the OP is a rude scammer and deserves no respect.

He keeps biting and coming back for more, it is the nature of forums to take chunks outta him each time he returns.

Long may scammer bashing continue, makes for a fun read!!

 

[jkchawner]

65 k profit is a decent deal for 2008 is it not?
all accounts are in black and white
all sales figures are in black and white
all listings are in black and white
all ebay fees are in black and white all fvf fees are in black and white
and guess what so are my profits in 2008
2007
2006
2005
getting the picture now ????????????????

and if u belive it or not i already have had talk with two poss investors on the phone both of whom say the same about this forum so that makes three of us there.
its just hard to belive that sometimes people cannot see the woods for the trees.
anything i type on here will be slagged of now no matter what cause guess what you are all a bunch who devote your time to getting together and picking on certain posts if u think there may be a problem. cant fault you if there is a problem fine.
but im offering all the proof needed as well so i think you may be wrong for once dont you !
i first hear about a name for people like you at school guys its called
bullys.
so its about time you all grew up in my eyes.
i wont be bothering answering any more of your stupid questions or commenting on your remarks anymore but i will be logging in every day.
because guess what all the fuss your generating is still getting me loads of traffic and that can only be good.

 

[jkchawner]

as for the other remark about wont take long to build up again
yes i no that. belive it or not i started my business with £500 and built it up to were it is with a lot of hard graft.
its working capital im short on.
stock is low due to having to sell finished products to pay off my partner etc
combination of factors as well.
not noing about him wanting to bail out till last min.
buying a holiday home myself this year
so yes some of the blame is my own making as well.
i dont want to have to start selling the things i have worked hard for.
i dreamed about owning my own place abroad for a long time and now i have it dont want to lose it but if push comes to shove well who no's what i may have to do.
im a great investment i can turn 10 grand in to 20 in a month without even breaking a sweat when up to full speed. convincing anyone on here is another matter im afraid i may have to give up on looking at things now.

 

[Tej]

.
i wont be bothering answering any more of your stupid questions or commenting on your remarks anymore but i will be logging in every day.
because guess what all the fuss your generating is still getting me loads of traffic and that can only be good.

Happy for you. The motorways must be jammed with catering trailers from Calahonda to Benidorm perhaps from Alicante too

 

[downsouth]

Well you might need to look at other forms of finance, do you have credit cards?? close friends and family who may be hapy to play the 'silent partner' option?

Just things to add to the pot to ensure you think about these options, very easy to try and get someone to invest £00000's, getting them to handover the cash is a different matter

We all have dreams, goals etc but some take time, some a lot of time to mature. Personally in your situation I wouldn't be handing over @30-50% of your company to someone. afterall its you who is doing the work.

whats to say the person who invests wants to you to work harder, more profit, very soon the gloss will rub off the partnership and the cracks will appear and you will once again have to buy someone out and be back to square 1 to find finance

 

[adam]

JKC you have to understand that simply saying again and again that I make profits look at me I aint no scammer does not actually prove anything.

Don't get drawn in to it, you placed your advert, you said no sharks and now everyone else has questioned if you are the shark wanting to avoid other sharks.

Some people with money are not as smart as some on here without. It may be inheritance or redundancy for a life's work. The members questioning you do not want to see those with cash and less acumen ripped off.

As it stands, with the evidence we have, you are either a scammer or not a scammer. I am either a fat ballerina or I am not a fat ballerina. You see the point, however crazy one of the options may be, the simple fact is you are one or the other.

You are not the biggest user on here, you don't have a long track history so you need to handle yourself accordingly.

You may have a great business but this is not a sleazy bar for picking up your next ride. You have walked in and said follow me for the gold, talk to me in private and I will tell you how.

Perhaps tell us a bit about the business. You need to advertise it so telling us what it does won't mean someone will do it themselves.

 

[jkchawner]

im not saying im the golden boy im saying anything im stating on here is the truth and can be backed up 100% im a business man myself and understand all what you are saying but to be ripped apart as there trying is not asking questions its damright bully boy tactics. and its obvious that some enjoy this by what they are saying on here. sorry but thats the way they have made it not me. i dont go on other peoples threads and start ripping in to them for no reason.
how childish can u be about trailers on there way to benidorm even my kid says how old are they dad lol that says it all for me

 

[jkchawner]

its already on here what i do for a living
i buy refurbish and sell on catering trailers
carry out repairs resprays etc etc

 

[Tej]

hi i have been trading for four years now very high profits have been reached for the last 2 years with ease.
oh and buy the way the credit crunch has not affected my sales much at all and i doubt it will due to the items i deal in all will become more clearer to intrested people.
major headache my partner decided just before xmas to drop the bomb shell that he is moving abroad and wants me to buy him out. so thats what i have done so im now the soletrader of a very high profit business but not left with a great deal for working capital. so im either looking for a sleeping partner or an investment of between 20-30k. for a sleeping partner i would be offering 30% of net profit per year. or a 30% return on any investment or loan put forward to myself per year.
my sales are mainly internet based i have a large customer base and lots of repeat custom. the items i sell are higher value items that i refurbish and sell on for good profit example if i invest around £1000 i can turn that in to £3000 in 7-10 days and i can turnover 2-3 of them every 10 days no problem. for reasons im sure u can understand im not going to say on here what it is i sell and refurbish but all will be made clear to any serious offers in due course.
i have my own premises in the east midlands (derbyshire)
im not intrested in a working partnership to be honest now im tie free from my partner things feel a lot better and i can get on with the job in hand easier for sure.
the money is to be used for buying in more stock and some machinery needed for production of certain items i fit etc.
this is a very good offer im making for the right investment and im sure any investment or loan offered will make us both a lot of money in 2009.
all my sales etc can be proved via internet sales etc its all there in black and white for anyone to see.

any sharks who come sniffing i can assure you i will smell a mile away

thanks for reading and please inc a contact number with any replies as im not always on the internet due to the hours i work so would prefer to ring instead of emails

At no stage have you mentioned catering trailers!
This was gleaned by a post that Business 123 found out.. with due diligence.

 

[jkchawner]

see there u go again i said it was already on here

 

[UKSBD]

What do you need the £20k for?
To buy some new trailers to do up, or buy equipment for doing them up?
If it's to buy the trailers, why not get an investor to buy the trailers, you
do them up, then split the profit?
That way the investor has some physical property to show for his investment.

 

[JADEMEDIA]

CheeseBurger & Chips anyone. The cheese is sprayed on of course.

 

[jkchawner]

yep trailers are what most of the money is needed for.
thats fine i dont mind this at all as long as it can work for both sides

 

[jkchawner]

hey jademedia come and join the bandwagon

 

[SLF]

im confused about this thread.

Its asking for investment but that link to the expat forum post talks about selling the '£60k business'. It mentions the health problem which im presuming is linked to your recent operation.

So is this a business for sale or are you looking for an investor?

 

[jkchawner]

its not for sale
im looking for an investor loan whatever u want to call it.
right let me start from the begining
i need the cash to purchase stock ie: trailers
they will then be refurbished and resold for great profit
if anyone wants to try this out first by starting with a small investment first fine. i can then show them how fast a turnaround it is and the profits involved etc
can i say any fairer than that forget 20k for now
lets start with it small and build up from there 20k etc can come after once the proof has been shown

 

[oldeagleeye]

Al last the OP seems to have got the message. Buy one trailer and work up from there. Now how much is one trailer gonna cost. You should be able to find the money for that yourself.

How can you call this a business anyway if you have no capital . No stock. You are then just a tradesman with the tools of his trade and nothing else. This is not a viable business opportunity for an investor anyway because if you became ill again the business would cease to exist.

Sorry OP. If I were you I would get out there and go one at a time. You have been ill anyway why do you need the stress but good luck now it seems the other 3 investors on the phone have hung up and your down from wanting £30K to about a grand.

 

[jkchawner]

butt out mate your boaring same old crap again and again
20000 sqf premises tools equipment experiance repeat customers large customer database just to mention a few
and who says im skint i never i said low on working capital
as rightly pointed out start small may encourage a kickstart to an investor then i can prove what my business is and how high the profits are etc think im selling nearly five years of building up a good reputatiion and hard work for a grand think again buster.
a quick check on a few freinds lists of all those slagging me of makes things a lot clearer u do this on a regular basies dont you wonder why
maybe its because you have nothing better to do ?
or is it maybe because your a sad old git sitting ther staring at 4 walls in your council house waiting for your next giro?

 

[jkchawner]

anyone whom is intrested in starting a decent conversation
[email protected]
i will be intrested to here any offers u may have of help investment etc there and will reply to all emails
thanks everyone

 

[Tej]

butt out mate your boaring same old crap again and again
20000 sqf premises tools equipment experiance repeat customers large customer database just to mention a few
and who says im skint i never i said low on working capital
as rightly pointed out start small may encourage a kickstart to an investor then i can prove what my business is and how high the profits are etc think im selling nearly five years of building up a good reputatiion and hard work for a grand think again buster.
a quick check on a few freinds lists of all those slagging me of makes things a lot clearer u do this on a regular basies dont you wonder why
maybe its because you have nothing better to do ?
or is it maybe because your a sad old git sitting ther staring at 4 walls in your council house waiting for your next giro?

How to win friends and influence people!!!..lol

 

[SLF]

@jk, I agree some people here have been less than professional - but just because they think you are some kind of scammer or con man puzzles me why they have to lower their own standards in tandem to what they perceive you to be.

However, balancing this out, you must also be able to see another side of it such as the expat forum post as I mentioned - which clearly contradicts your post here and with no explanation that makes sense to readers who might be interested. The bit about your ex partner having your forum login is a daft excuse. That is someone with a medical problem selling a full business which matches the description you gave here, so it reads like you are selling it there a month ago, and looking for an investor here. Surely you must see this looks odd? A better explanation would be that you thought about selling, advertised there, but decided afterwards that you would see if you could keep the busines and just get an investor.

Your responses have become more impolite though Im sure you are quite peed off by it all, so why not show you are above this by not stopping to match the response of the poor quality replies? You might not like my response, but im not being rude, nasty or unhelpful. If you dont like my response it will only because I have touched a nerve, but hopefully you will recognise someone here is just pointing out to you an impartial viewpoint.

A lot of what you write does not stack up and im being honest not nasty. If you need £20 or £30k then you should just tell people you have a business plan and cashflow, balance sheet, etc all ready and waiting to anyone that wishes to meet up, but giving a good overall review of the business here, which you can do without revealing too much private stuff - after all, refurbishing trailers is hardly a secret to protect. You have no staff or other partners now, so secrecy isn't required at all. You could supply your name, address business name etc and if you are confident of the business status and potential, there is nothing to hide. People sell and buy businesses all the time for all sorts of reasons, you are no different but the way you have presented here gives reasons for concern and you need to respond clearly and professionally otherwise why would anyone want to invest in you after reading this thread which is now in Google?

If you cannot see this then all you are making 100% clear is that you are not interested in any other points of view and that for an investor, must surely be an important factor.

 

[SLF]

anyone whom is intrested in starting a decent conversation
[email protected]
i will be intrested to here any offers u may have of help investment etc there and will reply to all emails
thanks everyone

watch out for the hail of bullets about the gmail address

 

[jkchawner]

how to keep coming back when your mates say put the boot in a bit more how old are u grow up man.
and more to the point get a life
you no what makes me laugh even more
one of the pratts who keeps slagging me off asks how much im looking for by private email lol as if i would want to earn them any money !
im looking for an investor how decent of them to offer

not !

 

[Tej]

Half of what I say is meaningless; but I say it so that the other half may reach you.

 

[jkchawner]

some points you are correct on sir others way out.
i will be sending u a private message on some of these points in a moment just so u hopefully will clarify that im justyfied in not putting them on here and am an honest person with a decent buisness that can offer a very good investment to anyone whom is willing to take the time to invest very little for big rewards.
after that my email address is on here for all to see
[email protected]
so any intrested partys please email me there as i wont be answering anymore emails on here. theres no point. staying on the internet 24/7 hoping for any chance of investment with the way things are so congratulations you have won u all no who you are.
as for the gmail address wait for the hail of bullets i honestly dont no what you are talking about there but i have a feeling im about to find out !
hopefully after having put my trust in yourself who seems a decent chap you will write up some of what i have told u on private email on here which will also prove to yourself and others on here that im not a fake scammer or anything else like that.
i feel at a real low right now and to be honest can u blame me !
still at least it will make someones day that they won the so called war that has been going on on here for 2 days.
thanks for nothing guys

 

[RedMacbeth]

I think what some other members are trying to explain is that some of your posts don't add up and are slightly confusing. Either don't reply back, you should channel your energy elsewhere or provide a more reasonable anwser.

I can see that under your Ebay name, j.k.chawner1980 that you did join in Sept 08 and yes you have sold a trailer before and currently have 3 on sale, starting from a few hundred pounds. You do seem to sell mainly dodgy cable tv boxes but I'm in no doubt that you do sell refurbished trailers.

What I would like to hear from yourself is some explanations into the things that don't add up. This is not to suggest that you are some sort of scammer but it is no help to any potential investors if you keep repeating the same thing over and over whilst continuing to dodge questions.

I am slightly concerned that if you are able to turn £1000 into £3000 every 7-10days or £10,000 into £20,000 every month without breaking a sweat then why would you need an investment? I understand that you are low on working capital but you have stated every time that you arent skint, that you have a healthy bank account, you holiday in your own holiday home 2-3 times a year, have a nice mercedes...etc etc. Why not cut back on such luxuries? Why not buy one trailer, make some profit then work on from there? Why should others risk losing their hard earned money when you aren't willing to risk your own?

You also stated that you have 3 businessmen with funds in place and later you have stated that you have 2 phone numbers on the back burner? If you already have 3 businessmen in place why aren't you concentrating on obtaining a suitable arrangement if they are interested?

I assume that due to your terminal back problem you were looking to swap the buisness for a mobile home but you have since recovered from the major operation you discussed in your first post and would like to continue with the business after all? Or did you recieve no response from the posts on Spanish expat forums? If so, you should be completely honest about this with any potential investors as it will build trust and earn respect.

If this isn't the case, I would consider legal action against your partner. Your partner is logging into your accounts, using your details and trying to sell or swap the full business without any mention of you or your hard work. Your partner should only be offering a full business if it is his to give away and has bought you out. This doesn't seem to be the case though?

My head hurts.

 

[oldeagleeye]

Me a sad old git. Never. Unlike you I can laugh all the way to the bank. and do you know what really makes for a good old belly laugh this

Quote. you no what makes me laugh even more
one of the pratts who keeps slagging me off asks how much im looking for by private email lol as if i would want to earn them any money !
im looking for an investor how decent of them to offer

It's not that I am insulting your intelligence old chap after all you know how to spell old git and the like but in the context you used the word it should read KNOW.

Incidentally 'old chum' - FREEBIE email like Hotmail - Yahoo and Gmail is regarded as naff by the vast majority of legitimate business folk and because they are favoured by spammers - most genuine email service providers - including web based then BLOCK them automatically.

You never know there may be 1000,s of potential investors out there that simply can't get through. Worth investing a £1 a MONTH for a real email address then - don't you think

 

[jkchawner]

i have 1 solid offer out of the 3 but he wants more than im prepaired to give simple as that. as for the cut down on things i have yes i have a nice car house holiday home etc that dont mean im spendingmad i had all these before the partner split so what has that to do with my finances now?
im not in a position were i can carry on the business as i like ie: buy stock in bulk etc
whats wrong with people on here u have to tellthem 10 times as for my health thats a private matter i can tell u im fully fit for work now and thats all any investor needs to no. i have even offered as someone suggested to start with a smaller investment from someone so that they can see what they are buying etc for themselfs.
whats the nect step then now give my business away?

 

[fathippy]

Hah - late as usual to this one - also prepared to come in on the fence and continue the "sensible" side of the discussion.

Why offer 150%??? returns to outside investors (who from your point of view may have trust issues for you also) when you clearly have enough assets to raise the finance at perhaps 10%-15%. Someone who has a mercedes could do a "log book loan" at the 20% mark. Your foreign property must have enough equity to have a secured loan at the 10% level, indeed someone who holidays multiple times and owns a nice car, could easily get a few credit cards together to reach about 20k, and then be paying 15% ish. In fact - if you are really clever you could get most of it interest free for a year or so!

There are three ways of doing it that dont involve probing questions or disrespectful responses. Also, the fact that you havent gone down that route will make any potential investor curious. Therefore you need to discuss why this route is the preferred route.

 

[jkchawner]

quick example for u phone call this morning offering 3 trailers for £3500 £300 needed on top for collecting etc as they are 165 mile away so 3 trips needed to collect them. and about £1200 in cash needed to be spent between the 3 of them
3-4 days each in workshop working a 6 day week finished first one say i start monday and it will be finished by thursday latest advertised on a 3 day auction. done and dusted by sunday next one advertised on the monday sold thursday next one advertised on thursday sold on the sunday all will make between 3-4k each do u have to be good at maths to work the profit involved ?
and thats why i like my stock in constent turnover
i have people who will collect for me if im busy etc
i dont even have to leave the workshop now do u understand more why i dont want to change the way i work i have a good method of constantly having trailers for sale that why i have such a good sales record
cause i work dam hard
and yes i could start with one trailer easy enough but then while im waiting for it to sell etc i could have finished another if i have a constent stream of trailers coming out the workshop and always one selling while the others being refurbished thats how u never run low on work and make the big profits which is what business is all about.

 

[jkchawner]

yes i can do all the things u mention or one etc but i dont really want to unless i really have no other option. my choice is to find an investor if i can. if i cant which is looking more that likely how its going to be then i may have to do one of these.
its a path i have been down before the investor route and it worked out great last time for me and him so i cannot see no reason why it cannot again.
regards

 

[SLF]

your method of working is more unique to you as the goods are high value low number of turnover, and I personally didnt see anything wrong with your original post if im honest, it just went downhill a bit with the explanations.

To me it sounds pretty much straightforward. You've been doing ok, hit a stumbling block that has knoecked your churn out of sync, choked your cashflow, and delayed your normal process. Now you are trying to restart the cogs by using a hopefully win-win approach if using an investor than just selling up, as you realise your model works so why ditch it. am I right?

 

[jkchawner]

yes i think u have hit the nail on the head.
it dont take einstein to work out my spelling and way i put my words sometimes is not 100% but i think you all get the picture now.
im sorry but if i have offended anyone then thats just because im very protective by nature. i dont want to rip anyone off and i think if your honest after ther email i sent you thats clear to you now as well.
i do have a solid business that is not affected by the credit crunch up to now hardly at all reason being most people who are finding themselfs out of work turn to this sought of a business (catering trailers) i no people who have been doing what i have for many more years than myself and they all say the same that catering trailer sales are always good no matter what the state of play.
im just looking for someone who wants to make some cash as much as i do hey if they want to pull put after a couple of month when im up and running and they have made some cash all good but i doubt they will when they see the cash coming in thick and fast.
you all no what i do for a business now you all no how i work i have proved my sales are good to 3 diffarent people on here someone give me a chance and lets make some cash.