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In this episode, Reid breaks down how he bought an $895k manufacturing business on Kauai, Hawaii without quitting the offshore job he'd worked for 15 years, and how he runs it from his home in Las Vegas.
◼️ Why he almost skipped the listing, and the conversation at home that changed his mind
◼️ Why the seller picked him over two other buyers who offered similar money
◼️ The state filing quoted at 15 days that took 10 weeks and put the whole deal on hold
◼️ The deal before this one, and what killed it after he'd already flown out to meet the seller
◼️ Why the roofing side of the business never worried him, and what did
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What is The SMB Deal Hunter Podcast?
Every week, Helen Guo interviews successful acquisition entrepreneurs, independent sponsors, and investors who have acquired businesses. Learn how to buy a business rather than starting one from scratch from those who have done it themselves.