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$700k EBITDA with No SBA, No Money Down

$700k EBITDA with No SBA, No Money Down

FromAcquiring Minds


$700k EBITDA with No SBA, No Money Down

FromAcquiring Minds

ratings:
Length:
97 minutes
Released:
Mar 28, 2024
Format:
Podcast episode

Description

How Andrew Stordeur bought a 25-year-old furniture manufacturer in Alberta without having to use any of his own capital.Topics in Andrew’s interview:Taking a startup to an IPOCompetition in the wood furniture spaceFinancing without the SBAAdvice for Canadian searchersGetting a 35% seller noteHis 100% financed dealHis plan to increase direct-to-consumer salesBeing the sole breadwinner for a family of 6Deciding not to buy with a partnerHow his company ships faster than AmazonReferences and how to contact Andrew:LinkedInTwitterAll Things CedarVillage WellthLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
Released:
Mar 28, 2024
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.