Buying a Business Today

Transcript

Andy and JT Tatem, President of Transworld Business Advisors, welcome you to another episode of The Deal Board Podcast. This week, they’re joined by industry experts to discuss the evolving landscape of buying a business in today’s market. They explore the challenges and opportunities buyers face, from increased competition to changing financing options. The conversation covers key strategies for leveraging SBA loans, how economic downturns can create ideal buying conditions, the benefits of franchising as a business acquisition strategy, and the importance of choosing the right business advisor. With insights from experienced business brokers like Taylor Bombardiere, Marty Fishman, and Tatiana DeMoraes, this episode breaks down what buyers need to know to navigate the modern marketplace successfully. Whether you’re a first-time buyer or a seasoned investor, you’ll gain actionable strategies, expert insights, and real-world success stories to help you make informed decisions and discover new opportunities in the business buying market!

Listing of the Week:

Bond Chaiprasit is offering the right buyer a rare opportunity to acquire a world-renowned beauty school established in 2006. This well-established institution has a strong reputation and a proven track record of success in the beauty education industry. With a skilled team in place and a steady stream of students, no prior experience is required to take over this thriving business. Priced at $4.5 million, the deal has already been pre-approved by multiple banks, making financing more accessible. For more information, call Bond Chaiprasit at (925) 914-0546 or email [email protected].

Deal of the Week:

Hollie Choe recently sold an established and profitable preschool in Washington County, Oregon, for $150,000! With strong community roots, a previous owner with 20 years of experience, and seller discretionary earnings of $79,000, this was a fantastic opportunity for a qualified new owner with several local preschools in the area to step into a well-run business. Thinking of buying or selling a business? Contact Hollie Choe at (541) 920-9026 or [email protected].

Key Takeaways

• [01:08] Today’s topic: buying a business in today’s market.
• [03:59] Reasons that right now is a prime time to buy a business.
• [07:58] How to leverage the low down payments and fast approvals of SBA loans.
• [10:31] Why economic downturns present an ideal opportunity to acquire a business.
• [17:53] Choosing the right broker or advisor and getting the right education.
• [22:50] Benefits of franchising and how to locate the ideal venture.
• [27:07] Buying vs. building a business: pros and cons with Taylor Bombardiere.
• [34:40] Listing of the Week: Bond Chaiprasit (Transworld North San Gabriel Valley) is selling a world-renowned beauty and cosmetology franchise school that was featured in a Hollywood blockbuster movie!
• [36:44] Three questions that every business buyer asks Marty Fishman.
• [38:34] Deal of the Week: Hollie Choe (Transworld Oregon Central) sold an established and profitable preschool with strong community roots in Washington County, Oregon.
• [39:49] Five actionable tips for buying a business with Tatiana DeMoraes.

Links Mentioned in Today’s Episode:

The Deal Board Podcast
Subscribe to The Deal Board Podcast YouTube Channel
The Deal Board on LinkedIn
The Deal Board on Facebook
United Franchise Group
Transworld Business Advisors
Transworld on Linkedin
Transworld on Facebook
Call us on (888) 719-9098
Email us at [email protected]
Andy Cagnetta
JT Tatem
Small Business Administration (SBA) Loans
Email Taylor Bombardiere at [email protected]
Bond Chaiprasit
Marty Fishman
Hollie Choe
Tatiana DeMoraes

#thedealboard #transworldbusinessadvisors #businesssales #businessexit

Quotes:

“Times of economic uncertainty [are] a great time to buy a business.” — Andy Cagnetta [0:12:28]

“The advantage of working with an intermediary [or] advisor is they may have an inventory of – businesses they can show you. Rather than go search for all of those on your own, align yourself with someone who has inventory they can show you.” — JT Tatem [0:21:57]

“What are some of the pros when it comes to buying a business versus building it? One of the main things you get immediately when you buy a business is cashflow. Cashflow is king.” — Taylor Bombardiere [0:27:54]

“In pricing a business, there’s science and there’s art.” — Marty Fishman [0:37:44]

“Your broker knows who is in the industry that are deal-makers and not deal-killers. You want [to hire] people that are knowledgeable.” — Tatiana DeMoraes [0:42:46]

Mentioned in This Episode

• The Deal Board Podcast
• Subscribe to The Deal Board Podcast YouTube Channel
• The Deal Board on Instagram