Have you ever wondered what it’s like to buy a business that encompasses your experience and skillset?
This episode covers a lot! Jared interviews Tom Gonzalez, who bought a dog daycare in sunny San Diego, CA with his wife Pam. Jared and Tom discuss the full transaction and provide great insight into what it’s like to buy a business with real estate. This deal had many twists and turns including dealing directly with the seller, fluctuating emotions, and negotiations all the way to the very end. Jared and Tom talk about using ROBS for the down payment, SBA loans, and how to handle prepaid contracts.
They cover what happened after the purchase and Tom’s advice to a potential buyer is outstanding, very insightful, and provides some valuable guidance.