The SMB Deal Hunter Podcast

← The SMB Deal Hunter Podcast3. Aug. · 47 Min.

How This Business Model Makes Him $890k/yr

How This Business Model Makes Him $890k/yr3. Aug.47 Min.

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In this episode, Ramsey breaks down why he bought a business he'd never shop in himself, how he got it financed after two banks turned him down, and what it takes to run it from another state.

◼️ Why a business he would never walk into as a customer turned out to be the only one that cleared every number on his list

◼️ How two banks turned him down over the category, and why he said no when the seller offered to finance the entire purchase

◼️ The visit he made to the store as an ordinary customer before he ever bought it, and what he was watching for

◼️ What running two stores from another state actually looks like, and why he says even when he's not there, he's there

◼️ Why he still has not taken a single dollar out of the business, and the three-year plan that changes that

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