Here is where you get an insider’s look at buying a business. There is no other resource you will find which will share this level of detail on exactly how to go about finding, financing and completing a deal to buy a business.
What makes us different? The deals I am talking about are larger than retail stores, pizza restaurants and other typical small market transactions. We do small leveraged buyouts, that is, a buyout using financing based mostly on the strength of the target business. This allows us to buy a company in the small and middle markets using sophisticated big buyout techniques. Our target company size is $1.0 Million in sales on up to $25 Million depending on what sort of resources we can pull together. Can the average person buy one? Sure, but like anything it takes work and you need to go up the learning curve. That’s where we can help. So Start Here and good luck with your new career!
Rockwell,
I am hoping you can answer this question for me. I have taken your course and I love what I have read. Now onto the question.
Here’s my example: HVAC business with $4M in revenue with cash flow $450K asking price is aprox $1M. Also in the listing it states seller financing available for up to $600K, so that leaves the other $400K, now I have $200K so is it possible to go to the bank for a small business loan for the remaining $200K or am I missing something here?
My idea is to secure financing, then attempt to negotiate price to where I am giving up the least amount of cash. But that’s in my perfect world scenario.
Great post. I love the idea of buying a business. I can’t wait to get the process started. i need to put one more thing in place than I’ll start looking.
How long does it usually take to find a good business? I’m looking in the $25 million dollar annual revenue range. I like consumer staples and industrial’s as far as sectors are concerned.
I would allow six months. Maybe less maybe more.