The Magic of Low Multiple + Growth
May 25, 2026•1 hr 34 min
Episode description
David Graf went after a business that had sat on the market, acquiring $750k of EBITDA for 2.7x. It's going well.
Register for the webinars:
- Negotiating Working Capital in SMB Acquisitions - TOMORROW!! - https://bit.ly/4a2ozGe
- New $10m Limit for SBA Loans: What You Need to Know - Thu, May 28 - https://bit.ly/49j3V4t
Topics in David’s interview:
- Drive to earn money as a kid
- Choosing to skip business school
- Advantages of acquiring in Texas
- Preparing his case to convince his wife
- Working full time while searching
- Growth is often underpriced
- Wholesaling real estate he didn’t want
- How to decide whether to keep an employee
- Joining a group for manufacturing owners
- Near-crisis days before closing
References and how to contact David:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit for acquisition diligence or post-close transition.
- Visit inzotechnologies.com/eta.
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron
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