13 April 2009

Goldilocks

Sorry I have been so lame about posting lately. We have had a very hectic schedule. But there is a light at the end of the tunnel now! We have an accepted P&S on a piece of commercial property finally! We will be able to use it for warehousing which is a good thing because we had put in our notice and are out of our existing warehouse at the end of this month. We have been moving (cramming) all of the warehouse items into every spare nook and cranny we have!
I felt like Goldilocks looking at properties lately. We looked at one that was just too big!

Then we looked at one that was way too small for our big trucks to get in and out of.

Just when we thought we found one that was just right we found out that the guy who owned it had been using it as an ATM for the last five years and had acquired seven liens on the property! No one loan was big enough to foreclose on him, but he was in arrears with all of them! Run away!!!

Then we found a great on our road that was too a great building but way too expensive! This guy thought it was still five years ago when the market was at the peak and banks would loan you anything!

Then another popped up that was for very short money. It was less than half the cost of our existing warehouse, but it also had half the space!

Then we re-visited on we looked at last summer. It is kind of a local landmark, is right on the main East/West road in our state, and on half of our guys way to shop.
It was just right! They accepted our offer to boot!




Of course, now I have the perfect excuse to do the ice cream stand I've always wanted to!

6 comments:

Paula said...

That is awesome, Shannon! (Especially the ice cream stand part!)

nikkicrumpet said...

Well congrats on finding the perfect place!! I can't wait to see what you guys do with it! And icecream is ALWAYS a good idea lol

Uncivil said...

Looks like you've found a nice place to work with? I like the floors!

EXSENO said...

Wonderful. Congrats on the new building. Some times it pays to shop around, seems like you found just what you wanted.

Becky said...

Rock on! ICE CREAM!!!!

Sue said...

What a great space...love the post and beam construction....What are you planning on doing in it besides that wonderful idea of selling ice cream?