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<blockquote data-quote="FedGT" data-source="post: 4221271" data-attributes="member: 58838">I try to look ahead in everything I am invested in. I knew ISP was coming at some point (like everyone else) ever since I started contracting. I never had a full set of drivers for more than a consistent 2 months in the few years I was contracting for X. The money was the best I have ever made outside of a great stock year I had. Unfortunately I had a driver that X made me terminate (wrongly in my opinion) and my long time manager put in his notice the same week that ISP was announced. I was burnt out and fairly pissed off and a single van contractor was really worried about how he was going to stay in the game. I saw potential that I was going to have no broker commission and probably could get a higher multiple for my route selling to someone who was increasingly worried about their own business and gave him my high price. Luckily SBA came through for the amount that I told him I’d sell for.I sold my other business about a month ago and looking for the next one, but in the mean time I have gone back to help him since he is short staffed. I still actually do like the work and it is much nicer just being able to run a route. Figured I may as well do something instead of just sit around and live off sale profits.</blockquote>

[QUOTE="FedGT, post: 4221271, member: 58838"] I try to look ahead in everything I am invested in. I knew ISP was coming at some point (like everyone else) ever since I started contracting. I never had a full set of drivers for more than a consistent 2 months in the few years I was contracting for X. The money was the best I have ever made outside of a great stock year I had. Unfortunately I had a driver that X made me terminate (wrongly in my opinion) and my long time manager put in his notice the same week that ISP was announced. I was burnt out and fairly pissed off and a single van contractor was really worried about how he was going to stay in the game. I saw potential that I was going to have no broker commission and probably could get a higher multiple for my route selling to someone who was increasingly worried about their own business and gave him my high price. Luckily SBA came through for the amount that I told him I’d sell for. I sold my other business about a month ago and looking for the next one, but in the mean time I have gone back to help him since he is short staffed. I still actually do like the work and it is much nicer just being able to run a route. Figured I may as well do something instead of just sit around and live off sale profits. [/QUOTE]

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