Opening Up to Franchises to Buy a Great Business
Acquiring Minds
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Do You Have a Debt Service Coverage Ratio?
Simpson: We don't run anything through this business that's not legit, but we're handling that from that way from day one. And I do believe that it will also be, it'll pay off at some point in the distant future when we sell if we've got super clean books. The banks we end up going with didn't use as many years of history in their, in their waiting. So that favored us. They also did have a lower threshold for debt service coverage ratio. That played into our factor. It was a good experience with both of them. But they're both very well known that all the search you see. Just stick with those big institutions.
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