6 Months to Buy a Business with $1m+ in EBITDA
Acquiring Minds
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What's Going to Happen to COVID?
Shane Sim: I decided that they were ready to start trying to sell the business. They didn't really expect the process to happen very quickly, but they at least wanted to get it out to market and see what kind of offers would come in. The company shut down for six weeks completely during the pandemic; still paid our employees through that time. And certainly, I don't think anyone could have predicted that the business ultimately would have done significantly better as a result of the pandemic.
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