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businessMar 28, 20241:37:14pending

$700k EBITDA with No SBA, No Money Down

Acquiring Minds

About this episode

How Andrew Stordeur bought a 25-year-old furniture manufacturer in Alberta without having to use any of his own capital.

Topics in Andrew’s interview:

  • Taking a startup to an IPO
  • Competition in the wood furniture space
  • Financing without the SBA
  • Advice for Canadian searchers
  • Getting a 35% seller note
  • His 100% financed deal
  • His plan to increase direct-to-consumer sales
  • Being the sole breadwinner for a family of 6
  • Deciding not to buy with a partner
  • How his company ships faster than Amazon

References and how to contact Andrew:

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$700k EBITDA with No SBA, No Money Down

Acquiring Minds

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1:37:14

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