
How to Roll Up Legacy Franchises (to $36m/yr)
Acquiring Minds
00:00
How Do You Approach Seller Financing Deals?
Almost every deal we've done has either been we bought in cash if it's like a one store deal for, you know, under 200k or we sell our finance it in which the seller will finance. The last time I went to a bank for an acquisition loan was in 2016 for the first two because I didn't know about seller financing back then. But once again, once you're in a system, it's a lot easier to build that reputation. And so that's kind of like why they would want to do it. Plus, it's just quick. It's easy. Like they don't have to like, I don't ask for tax returns. I asked for a
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