$700k EBITDA with No SBA, No Money Down

Acquiring Minds

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7M ago 1:37:14

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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:

The Acquisition Lab

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

Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

301 episoder

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