[Email] Tristin Wurzbach Acquired 7 Businesses in the USA Using a Variety of Financing Methods
Tristin Wurzbach is a successful entrepreneur who has acquired seven (7) businesses in the United States in the past two years. He used a variety of financing methods to acquire these businesses, including cash, the Small Business Administration (SBA), and seller financing.
Cash: Tristin used his own little savings and investors capital to make a down payment on each of the businesses he acquired. This allowed him to secure a lower interest rate on his financing and build equity in his businesses more quickly.
SBA: The SBA offers loans to small businesses, and Tristin was able to secure SBA loans for about 40% of the businesses he acquired. This allowed him to borrow more money than he could have on his own and acquire larger businesses.
Seller financing: The sellers of two of the businesses Tristin acquired were willing to finance the sale with a seller note. This type of financing can be a good option for buyers who don't have a lot of cash or who want to avoid paying high interest rates.
The total value of acquiring the seven businesses was $6.76 million. However, the value of the businesses has since increased to $8.3 million. This means that he has already realized a significant return on his investment.
Tristin's businesses operate in a variety of industries, including garage door repair, auto repair, and home services. He is currently looking to acquire businesses in other industries as well.
Tristin is just one of my successful clients, as you may know I help with find the right businesses to acquire, build an investors database, offer proof of funds and guidance on secure the financing side plus analysing the deal opportunities.
Tristin's story is a great example of how acquisition entrepreneurs can use a variety of financing methods to acquire businesses and grow their wealth.
If you're thinking about buying a business, be sure to talk to a financial advisor to learn about the different financing options available to you AND for mergers and acquisitions mentorship 1-1 support just get in touch with myself today.
Hope this inspire you to close your next deal!
Sebastian Amieva
Mergers And Acquisitions Expert / Investor / WorldTraveller
Get in Touch Here