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Robert Lilja posted a new Looking For Investor thread on 9/17/2010

Opportunity in Trucking/Logistics

I'm purchasing a trucking company in California w/excellent financial results; need to replace my partner. Interest or referral welcomed.
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Deaven Banks Responded on 7/9/2011


Hello Robert, My name is Deaven and I have a twin brother name Davon and he has held 0ver 5 years in the trucking business and he has been looking to start his own or partner with someone like yourself to share the venture together. This is his passion and it was only by the grace of god that I found this oppurtunity and hopefully you are still looking for a partner. If so please give me a call that way i can put you through to my brother. he is very experienced and would be a true asset to the partnership. I can be reached at (909) 489-4858 thanks alot robert and hope to speak with you soon. Thank you and God Bless!
 
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Robert Lilja Responded on 7/11/2011


Deavon,
Thanks for your interest.
I found a partner last year.
I am, however, looking for a partner for a different business that I am working on, but that person would need to have financial assets to invest. If your brother has significant capital ($100,000+) and some collateral (usually real estate) there might be a fit.
Regards,
Bob
 
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Deaven Banks Responded on 7/11/2011


Okay bummer. So whats this other business you are seeking another partner and capital in? Please send me more details for review. Thanks
 
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Robert Lilja Responded on 7/11/2011


Deavon,
It is a trucking/terminal operation at the Port.
I would need to know more about your brother -- enough to review his background, and then speak to him directly, in order to me more specific.
Rgds,
B
 
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Deaven Banks Responded on 7/11/2011


Okay at the moment myself and my brother are trying to get our business plans and funding together with potential partners to present. I mentioned this to my brother and he is very much interested but he will like to work on his funding proposal so that he may have available once he does decide to speak with you and you both are comfortable then it would be easier to move forward quickly. Do you have an email address? that way I can past it to my brother and he can email all his information as far as background and what not then you and him can make whatever arrange to meet or speak. This was the request from my brother. If this is okay please let me know. Thanks
 
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Robert Lilja Responded on 7/11/2011


Deavon,
Sure, here you go: bob.lilja@newxintegrated.com
Rgds,
Bob
 
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Deaven Banks Responded on 7/11/2011


Okay thanks i will pass it on
 
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Robert Lilja Responded on 7/15/2011


James,
There are opportunities to buy existing businesses in my field in the neighborhood of $1-2MM, generating $3-500K EBIDTA after debt service.

As an example:
For a $1.5MM purchase, my financial partner would be required to have $150K or so in cash, and collateral of $700K plus (probably real estate, and it would need an equity value of about $900K, as the bank looks at it as only worth 80% of fair market value.) Somewhat less equity might work if the company had newer trucks, etc., but the price/earning ratio would be smaller.

If there is continued interest, please give me your email address and we can start with some introductions.

Rgds,
Bob
 
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