Shawn Gorham
@shawngorham
California licensed demolition, roofing and general contractor. I share real stories from running a trades business and investing in real estate
2.3K Following 176.7K Followers
You might as well move to CA and enjoy our amazing weather and coastline.
So you want to buy a Demolition business... listen to this.
I spent 21 year in this business until regulation forced me out. I gave my best years to demolition, I loved it, BUT I built ZERO VALUE.
In this episode you will hear about a 40 year old business that the hosts dont think will sell at 3x, most like likely will close down. It has $1mm in SDE after 40 years the seller has no value. It actually says his real estate is worth more than his business.
Young entrepreneurs... buy or build a business with value, its the same amount of work.
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