How 2 Friends Bought a Business That Prints $780K/yr

Want help buying a business? https://smbdealhunter.link/pro-ytIn this episode, Sarah and Matthew break down why they left venture capital to buy the only auto shop in their hometown of Aspen, how they pulled off a $1.5M acquisition with almost no money of their own, and how one shop became the first piece of a $100M+ holding company built around a single small town.◼️ The financing structure that let two friends with almost no personal capital buy a $1.5M business and still keep 70% of the company◼️ Why the only auto shop in Aspen was a mini monopoly hiding in plain sight, and why nobody else was competing to buy it◼️ What happened six weeks after closing when the operator everyone thought owned the shop walked out, and how they survived running the front desk from 7:30am to 9pm for six months◼️ How a cold call to a stranger's assistant landed the backer who helped them buy out every investor at a 2x return in just 13 months◼️ The deal that almost became acquisition number two and died after four months, and what it taught them about which businesses to never chaseSubscribe to the SMB Deal Hunter newsletter (200,000+ subscribers): https://join.smbdealhunter.xyz/Follow Helen:Twitter: https://x.com/HelenGuo_LinkedIn: https://www.linkedin.com/in/helen-guo-06674523/