A Few Hours Per Week, a Few States Away - podcast episode cover

A Few Hours Per Week, a Few States Away

Sep 04, 20251 hr 32 min
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Episode description

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Brett Maxam bought a concrete business with high 6 figures of earnings. Despite being a plane ride away, it's gone well.

Topics in Brett’s interview:

  • His desire to “run the show” after watching acquisitions up close
  • Involving his wife as a sounding board
  • Buying a business a plane ride away
  • Proactively negotiating for a seller note
  • “Shut up and let them do a little more talking”
  • Using ROBS to fund a 30% down payment
  • Getting a 70% seller note with a sub 3x multiple
  • 13-week cashflow forecast is critical
  • Delegating management to the local team
  • Deciding whether to grow the business or acquire again

References and how to contact Brett:

Get a free review of your books & financial ops from System Six (a $500 value):

Learn more about Walker Deibel's done-with-you buy-side advisory:

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

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