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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:

• LinkedIn

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

• Book a call with Tim or [email protected] and mention Acquiring Minds

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

• The Acquisition Lab

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

• Pioneer Capital Advisory

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
Produced by Pam Cameron