16 Nov Acquiring Minds: Buying a $4m Manufacturer with a Conventional Loan | Ben Bryer Interview
Ben Bryer worked for 18 months to buy a business he’d set his heart on. But it died, and Ben was left a year and a half older, $150k poorer, and with a negative balance sheet. He questioned whether to go on searching, but being freed of that dead-end deal allowed him to open his mind to other listings. Like Meyer Gage, a decades-old, super-niche manufacturing business, the business that he ultimately acquired. Themes to listen for: the post-mortem on that first, painful dead deal; using conventional debt rather than an SBA loan; and working with a financial backer.