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Looks like I'm closing up shop..

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Old Apr 29, 2007 | 10:56 PM
  #1  
Archer-Fish's Avatar
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From: New England
Several 123 Coupes. A very nice 88,560,SEC,AMG EURO. An 89 Lamborghini Countach Anniversary Edition
Looks like I'm closing up shop..

Well, First quarter of the year, has been disastrous, for one of my businesses. Things aren't looking very well. I more or less, have seen this coming, for a while now, and I guess I've been in some sort of denial, and fighting desperately to save the business also.
Not going so well. I've had a very bad, last few months, and it looks as though the time has come, to throw in the towel. I'm fresh out of money, and resources, to invest into this business. It really hurts, with so much time and money invested into it, and the accumulated bills. A few thousand bucks, is all I need to get myself out of this jam I'm in, but I cannot find it anywhere. If I close it up now, and borrow a few grand from the bank or something, I can get myself off the hook financially, on a personal level, but the business has no chance, no matter what I do, so I need to close up reguardless.
I've been in the trucking, and transportation business, for 11 years, and had a great thing, until about September of 06 when stuff started to go arye.
I still, have my other business, and still will be able to make a recovery, but that is sort of seasonal, and it will be a long time, 'til I can make a full recovery. Anyone wanna buy 15 Freightliner, tractors, and 20, 53 foot dry-van trailers? What money I recover from their sale will pay off most, or all of the remainder of what I owe, to banks etc. I've just had enough, and the stress of it all, has beaten me, in sort of a physical way, as well as financially, and emotionally. I'm very run down, and falling into a depression, with the stresses of it all, and cannot give it anymore than I already have.

Nick

Last edited by Archer-Fish; Apr 29, 2007 at 11:00 PM.
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Old Apr 30, 2007 | 02:02 PM
  #2  
Musikmann's Avatar
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From: West Virginia
2001 E320 RWD - Brilliant Silver/Ash: 100,000+
Best Wishes and try to keep your chin up my friend!
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Old Apr 30, 2007 | 02:30 PM
  #3  
TREZ63's Avatar
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From: So Cal
2010 RRS ; BMW K1200R; 14 E350 ; 14 RRS on order
Well there's not time like the present to cut your losses.
PM me, one of my best friends is a commercial vehicle dealer here on the west coast. Give me your info and I'll have him call you. He's a ood guy and if he's not interested he'll know people who are. Good luck.
And stop sounding so damned depressed. you gotta roll with the punches.
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Old Apr 30, 2007 | 04:42 PM
  #4  
AsianML's Avatar
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From: West Michigan
2007 E63
Ouch, sorry to hear about that. Keep your chin up as Musikmann said.
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Old Apr 30, 2007 | 11:21 PM
  #5  
2k2s430's Avatar
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From: Grosse Pointe, Michigan
2002 S430 Sport Pkg
Nick,

All I can say is keep your head up. Trust me I have been having my A$$ handed to me for almost 6 months now. I have been hanging in there though. My brother in law is a truck driver for a company out of Illinois and it has been hit or miss for a while.
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Old May 1, 2007 | 07:21 AM
  #6  
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From: Toronto
Originally Posted by AsianML
Ouch, sorry to hear about that. Keep your chin up as Musikmann said.
+1

Wishing you all the best
REMEBER!!
NOW is the time to build something better, bigger something you'd be proud of (I do realise I'm talking about a business)
Something breaks make it better!!

Wishing You All The Best

Regards
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Old May 1, 2007 | 01:42 PM
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Air Marshall Eldritch's Avatar
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John Deere
How do you miss with trucking? I was under the impression that once you have the infrastructure, it became a matter of minting money.
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