Hello to all, been lurking for a few years. I currently own a mobile media blasting business (yes the Dustless Blasting). Though I’m getting very tired of eating glass, having glass in my hair, in my shoes, down my paints, etc. I started that business 2 years ago with a partner, at the time it was either mobile sandblasting or hydrographics. Somehow we chose the one that is very hot, very dirty, very gritty, etc. But I’m tired of all of that, and the EPA/OSHA are dropping a whole new world of regs down on open air blasting. So we are looking at selling that business, hopefully for a small profit. First year we did 80K in sales, this year we will be at 150K in sales. So its not a matter of the business not working, I just like the artist side of the hydrographics better.
I have a very unique situation, I live with my best friend / brother from another mother, and his wife. He’s also my business partner. He makes a very good living writing software for a living, so he’s just letting me use his credit and income to get the Line of Credit, as we did with the current business. He hasn’t drawn a dime out of the current business, and I’m only taking $1500/mo. The first year I didn’t take anything.
My personal bills are less than 1K per month.
As in the current business, we put 30K in to start and spent another 15K in the first year buying things we didn’t know we needed and spending money on things we thought we needed but didn’t.
I’ve learned a lot in the last 2 years, business wise. We are going to be looking at the same expense, about 30K to start but knowing full well we’ll be spending more doing the first year.
I’m currently looking at Big Brain for training, since they are very close to where I live in Texas. Hoping to get that done something before the end of this year.
I’ve talked to several of our current customers, some auto shops and some manufacturing facilities that we do repeat work, some have expressed interest in seeing what we can do.
I hope I’m going in the right direction, only time will tell. I’ve been watching a ton of videos, mostly K2’s, reading through the forums, scanning facebook pages of other business, etc. I’ve even called a few other hydrographic shops to see what the market is like, so far it seems to be good.
I’m looking forward to getting to know everyone here. I feel that I do a little, I’ve read so many post over the last 2 years, and the last month, makes my head hurt. But there’s a ton of info here.
Most questions I’ve had, have been answered through the videos or post, but I know I’ll have more and more as time goes.