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re: NOLA Contractor, LSU Grad, Arrested in 2 Parishes

Posted on 7/25/14 at 8:51 am to
Posted by LSUzealot
Napoleon and Magazine
Member since Sep 2003
57656 posts
Posted on 7/25/14 at 8:51 am to
quote:

I interviewed with a successful new service company last year that will do about 50 million in revenue in 2014. "Corporate" was 3 ModSpace buildings connected by a porch with a metal shop and gravel yard next door.


That sounds a little too lean to me. For 50 million annually, you could at least shell out a couple grand a month for a commerical office.
Posted by yellowfin
Coastal Bar
Member since May 2006
97819 posts
Posted on 7/25/14 at 9:02 am to
It was in the plans but they are very young, founded in 2011


They'll level off, work on increasing EBITDA then sell and all get richer
Posted by nolanola
Member since Nov 2010
7596 posts
Posted on 7/25/14 at 9:03 am to
quote:

That sounds a little too lean to me. For 50 million annually, you could at least shell out a couple grand a month for a commerical office.



50 million a year doesn't guarantee huge profits. Who knows what other overhead they're working with.
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