How He Bought a $965k Business WITHOUT Quitting His Job
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How He Bought a $965k Business WITHOUT Quitting His Job
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In this episode, Mike breaks down why he bought a medical transportation company he'd never heard of, how he closed it with just 5% down after losing the deal once, and what running it remotely in 10 hours a week actually takes.
◼️ Why he lost this deal to a bigger buyer, and the relationship move that brought it back a month later
◼️ How a creative seller note got him to just 5% down on a $965K business
◼️ His "freakout moment" when the bank quit 60 days into underwriting, and how he closed anyway
◼️ Why an aging population gives non-emergency medical transportation built-in, growing demand
◼️ What running a Michigan business from his home in Florida in 10 hours a week actually takes
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