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How He Bought a 51-Year-Old Business for ONLY 7% Down
Description
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In this episode, Jonathan breaks down how he bought a 50-year-old electrical contractor for $7M with just $500K down, the seller financing structure that made it work, and the 4-month chaos he survived to close it.
◼️ Why he stopped starting businesses after 20 years and bought one instead
◼️ The 10-year seller note that let him close a $7M deal with just $500K down
◼️ How he beat a Texas family office trying to roll the company into a 10-office portfolio
◼️ The eight-word legal dispute that killed the deal, and the Waffle House breakfast that brought it back to life
◼️ The tax strategy he'd never heard of that put another five figures back in his pocket on the down payment
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