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$700k EBITDA with No SBA, No Money Down

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Manage episode 409198559 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 IPO
  • Competition in the wood furniture space
  • Financing without the SBA
  • Advice for Canadian searchers
  • Getting a 35% seller note
  • His 100% financed deal
  • His plan to increase direct-to-consumer sales
  • Being the sole breadwinner for a family of 6
  • Deciding not to buy with a partner
  • How his company ships faster than Amazon

References and how to contact Andrew:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

  continue reading

299 episodes

Artwork
iconShare
 
Manage episode 409198559 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 IPO
  • Competition in the wood furniture space
  • Financing without the SBA
  • Advice for Canadian searchers
  • Getting a 35% seller note
  • His 100% financed deal
  • His plan to increase direct-to-consumer sales
  • Being the sole breadwinner for a family of 6
  • Deciding not to buy with a partner
  • How his company ships faster than Amazon

References and how to contact Andrew:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

  continue reading

299 episodes

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