View Single Post
      05-25-2016, 11:23 AM   #21077
Mywifes335
Major
Mywifes335's Avatar
United_States
1630
Rep
1,422
Posts

Drives: 2014 FBO M235i
Join Date: Oct 2010
Location: DFW

iTrader: (1)

Quote:
Originally Posted by Aatish View Post
It's a tough market. The economic downturn and the rise in gas in the past really hurt our bottom line.

Hence, we've been trimming the fat and going to management more so than outright ownership.
Smart move...similar to big companies selling property and doing lease backs. Creates instant cash flow, reduces liabilities. Maybe a bump in opex, but it's often a favorable LT solution.
__________________
Quote:
Originally Posted by Axius View Post
Why the sad face, I fucking love sausage.
Appreciate 0