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New Podcast: How This Serial Entrepreneur Acquired 4 Coffee Shops

An interview with Alex Nelson

Today's Sponsor

Hello SMB Deal Hunters!

I’m excited to share a new interview with Alex Nelson, an entrepreneur based in Iowa who recently acquired 4 coffee shops.

Alex is a serial entrepreneur who also runs a wedding venue and baby boutique.

Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers.

WORK WITH ME

Want me to work with you to source on and off-market deals, mentor you through closing your first acquisition, and introduce you to investors?

INTERVIEW

In the interview with Alex, we discuss:

  • Alex’s experience starting a business vs. buying a business

  • How Alex put $0 down to buy the business by raising $300K from investors (and how he structured investor terms)

  • Why Alex was comfortable doing a deal with zero seller financing

  • Difficulties Alex faced in the transition

And more!

PRESENTED BY SMB DILIGENCE

Here’s Why You Shouldn’t Skip Due Diligence…

A friend of mine put a business under LOI and asked me for my advice.

I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.

Turns out their EBITDA was off by 2x 😳

SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.

Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).

COMMUNITY PERKS

Want to invest passively in SMB acquisitions? Get access to investment opportunities.

Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel

Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.

Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.

THAT’S A WRAP

Want me to interview you for my podcast? Hit reply.

See you tomorrow with some new deals!

P.S. I'd love your feedback. Tap the poll below or reply to this email.

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Disclaimer

This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.