05 Oct The Deal Board Podcast: Earnouts 101
Andy and Jessica welcome you to another episode of The Deal Board Podcast. Today, they are accompanied by the experts to talk about earnouts, answering questions such as: What is an earnout? Why are earnouts good for the buyer and the seller? How do earnouts get paid? How do you structure them? as well as nine reasons to consider an earnout. Deborah Carman and Leanne Erwin share their knowledge on this important matter, explaining in detail how earnouts work, what risks are involved, and how to mitigate them. Listing of the week: Patrick Bombardiere (Colorado) is selling one of the largest industrial and commercial tire and service businesses that has been in business for 21 years. The business and the real estate are for sale; it has 18 employees. Owners are ready to retire. EBITDA: $550,000. Sale Price of the business: $3.7 million. Price of the real estate: $2.2 million. Contact Patrick (303) 929-9219 or email him at firstname.lastname@example.org.