Bricklayer to Blue-Collar Empire

Why is that so good?

I, I just like it. It's a, it's, it's niche and it's, and it's, you know, not a lot of people do it. And you know, the historical side of things, restoring especially historical properties is a, you know, just something I like.

I personally liked it, yes. I personally liked it, yeah, absolutely. And, and yeah, he, like I said, we, we, we negotiated for about 15 minutes on the phone and it wasn't even a negotiation.

He, he had a broker and the broker was from New York. I remember this, he was a, he was just such an, I remember and I was, it was my first experience with a, a business broker. I was like, man, you know, at certain points of it, I was like, man, this guy, you know, I just don't even want to deal with him.

And, and, and finally Al and I spoke behind the broker's back and, and he was like, you know, he's listening for. I think it was a $1.2 million he's like, do you want to know what I'll take, I'll take for the company? I was like, yeah, you know, and he says, $846,000.

I was like, all right, let's do it. You know, so, and, and tell us

about the business so we can know if that 846 is good, bad, or

what they were doing. They were doing 3 million a year, top line, and then they were bottom lining 600. But he was telling me there was another 200 in cash out there, which, which I come to find out, you know, years later, that he wasn't 100 lying, but he wasn't 100 truthful either.

And, and everybody you talk to says that, too, by the way. You know, we do so much in cash. We do so much of this in cash.

I just don't buy it as easily these days as, as I did back then.

You know, we'll, we'll, we'll return to that because that's, that's an interesting one. In our world, generally, you don't give any credit for anything that's not reported on, you know, on the, on the tax return.