March 9, 2020

From Nearly Losing It All to a 400% ROI at Exit

A buyer’s attorney began giving business advice to his client and as he continued to do so ran up legal fees by redlining the Asset Purchase Agreement repeatedly until the deal was falling apart from deal fatigue. Listen carefully to what happened to keep the deal on track.

A seller’s classic and hot rod restoration car hobby, that was paid for by his business, had some unintended consequences that eventually caused of the all of the lenders to back away from financing the sale, even though the business was a cashflow generator.

A business that nearly went bankrupt during the Great Recession but by sheer grit turned into a 400% ROI at the time of exit.

Wayne Wright
Wright Business Advisors
Arvado, Colorado
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Podcast: Play in new window | Download (Duration: 39:58 — 36.6MB)