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Let's Buy a Business

Author: Ryan Condie

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Buying a business is a blend of process, timing, and luck. A few times a week Ryan Condie shares the deals he's looking at in a short form podcast. Listen in on updates from investors and bankers. Whether you're buying a business to own and operate or building up your passive income, you'll learn what to focus on and what to avoid during acquisition.
392 Episodes
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Growth is Expensive. Why do businesses seem to hover in the $200k to $400k SDE range?   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com. ****** Join the last cohort for awhile **How to Buy a Business Live Cohort** - April 2026 https://www.letsbuyabusiness.com/
Nick Akers started by founding a venture-capital-backed company, then moved into a more "traditional" track leading a manufacturing company before spending ~2.5–3 years doing an ETA-style search. He ultimately acquired an IT services business (STL Communications) and rebranded it to Enzo Technologies, where he focuses heavily on cybersecurity for small/legacy businesses. He sees buyers walking into messy, outdated environments (personal email accounts, weak licensing, no backups/firewalls, passwords shared everywhere) and argues IT + cybersecurity due diligence should be part of every deal. Podcast Nuggies: Legacy IT is usually a "mess" post-close Add IT/cyber due diligence before closing MFA + password manager are non-negotiable Phishing clicks can wreck you in minutes USE POSITIVE PAY to approve every expense SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com. ****** Join the last cohort for a while. **How to Buy a Business Live Cohort** - April 2026 https://www.letsbuyabusiness.com/
Add backs. How to use Math and Logic: 1 - Does it make logical sense? 2 - Is there a paper trail? Documented? - A real add-back has receipts + it shows up cleanly in the books/bank. 3 - Is this a re-occurring expense or 1-time? 4 - Is this Tax Fraud?   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com. ****** Join the last cohort for a while. **How to Buy a Business Live Cohort** - April 2026 https://www.letsbuyabusiness.com/
Chad Petersen has done A LOT of deals. We dive into his accidental entrepreneur journey....started mowing lawns at 13, realized ownership = freedom, then built + sold his first company at 19 and kept repeating the "build cash flow → sell for a liquidity jump" playbook (six of his own). * What buyers do wrong with brokers (and how to stand out): the market has more motivated buyers; buyers kill deals by showing entitlement, fighting NDAs, and not having a personal financial statement ready. * Real-world examples: a CPA bought an ~$8M drywall business by staying patient/emotionally steady (and spent about $2.5k on legal) SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com. ===== Find more about Chad at his website below. https://chadpeterson.com/ ===== Join the next **How to Buy a Business Live Cohort** - April 2026 https://www.letsbuyabusiness.com/
Dan Ockey is a financial guru but not in the weird guru way. He's full of incredibly practical advice and has worked with hundreds and hundreds of couples to help with their finances.   * $20k debt → debt-free; built Sensei (26 coaches, 1.5k clients) * Foundations: track spend, separate biz/personal, kill debt, 3–6 mo EF, simple cashflow * Owners: pay yourself 30–50% early; avoid burnout; better decisions * Couples: shared plan/coach; align goals; win together   Join the How to Buy a Business Cohort - Feb 2026 https://www.letsbuyabusiness.com/   Sourcing List: https://www.letsbuyabusiness.com/source     https://www.linkedin.com/in/daniel-ockey/ https://www.centseifinance.com/base-organic-free-class/
I knew a searcher who was buying a job, but didn't know they were buying a job. Buying a job is a bad thing. You just need to be realistic about what you are actually buying and what your intent is with acquiring a business. Repeat, there is nothing passive about buying a business. If you want a mailbox check, buy dividend-paying stocks or CDs.     Join the How to Buy a Business Cohort  https://www.letsbuyabusiness.com/p/how-to-build-a-business-cohort-with-ryan-condie/     Sourcing List:https://www.letsbuyabusiness.com/source   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies.Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.
How to review 2025. Measuring the Gain, Not the Gap. AND...starting something you do not know the ending of before you start.   Two opportunities to receive help: 1. One-on-one consulting 2. January Life Cohort   Jan 2026 - Live Cohort - Jan 7-9th https://www.letsbuyabusiness.com Consulting - https://www.Letsbuyabusiness.com/2026
You're gonna love this episode. No joke, someone needs to make a series about Sean. He constantly bets on himself and has an incredible story. Podcast Nuggies From biomedical engineer to investor: moved to Memphis, flipped ~1,500 houses, syndicated ~800 units. Transitioned back to Utah; year-plus search with multiple failed LOIs, then bought PSI Tops (countertops/cabinets) in late 2024 (~$800k EBITDA, 35 employees, included real estate/SBA). DON'T be afraid of being the backup buyer!   Join the How to Buy a Business Cohort - Jan 2026 https://www.letsbuyabusiness.com/ Sourcing List:https://www.letsbuyabusiness.com/source   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies.Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Guest Name:  Sean Tagge   Additional guest information https://www.linkedin.com/in/seantagge/ acornea.com
Math doesn't lie. Be real with your position, which side of the equation are you on? Are you using Multipliers? Are you capturing 7% of the value or 93% of the value created? Wealth comes from owning equity. Salary is linear while equity compounds via multiples. $1M profit. $250k goes to employee. $750k in profit left goes to owner. $750k x 4 (equity multiplier) = $3M $3.75M goes to owner. 6.6% of the value goes to the employee. 93% of the value goes to the owner. Owners have huge risks. Employees get paid first. That's ok. That's the way it's supposed to be if you don't take any risks.   Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com. Join the next How to Buy a Business Cohort  https://www.letsbuyabusiness.com/p/how-to-build-a-business-cohort-with-ryan-condie/   Sourcing List:https://www.letsbuyabusiness.com/source
Patrick Dichter is such a fun guest and entrepreneur to have on. His wealth of knowledge is so valuable. You will not be disappointed in this episode. Podcast Nuggies: Grew Apple Tree from ~$1.2M rev / ~$330k SDE to ~$4.5M in 4 years—non-CPA owner. Pipeline: ~500 cold emails → ~20 calls → 6 LOIs → 1 close; personalize & call now. Target "professional services" (non-licensed) so non-CPA ownership works. Structures: SBA + cash + seller notes; two fully seller-financed; carve-out was best. Lessons: first deal is hardest; change management is tough; precision matters.   Join the How to Buy a Business Cohort  https://www.letsbuyabusiness.com/   SMBs are the biggest target for cyber attacks.  Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.     Appletree Business Services - https://appletreebusiness.com/https://www.linkedin.com/in/pdichter Inspired or Acquired -https://podcasts.apple.com/us/podcast/inspired-or-acquired/id1741345654
Most management tasks shouldn't take six months. Yet many companies let them drag on. Break each day into three lists:   1. Tasks that bring in new business (raise revenue or cut costs). 2. Tasks to maintain or keep operations running. 3. Tasks others expect, but that don't add value.   Never start list 2 until list 1 is done. Never start list 3 until list 2 is done. Aim to complete list 1 before noon, when your mind is most alert.   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies.Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Join the How to Buy a Business Cohort - Dec 2025 https://www.letsbuyabusiness.com/   Sourcing List:https://www.letsbuyabusiness.com/source
400 episodes 700k downloads (most coming recently) Raised money for acquisitions for amazing entrepreneurs. Spoken at events.Thanks everyone.  6 weeks left in 2025. Let's get after it.   I have 2 afternoons wide open, you can grab a time in the show notes.  15 min slots.https://cal.com/ryan-condie/thanks       SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   15-Min call slots - Free - https://cal.com/ryan-condie/thanks   Join the How to Buy a Business Cohort - Dec 2025https://www.letsbuyabusiness.com/   Sourcing List:https://www.letsbuyabusiness.com/source
3 Bonus Tips.Get an Army of Searchers Bad CIMs = Hidden Gems Get to $100k (at a minimum)   Join the How to Buy a Business Cohort - Dec 2025 https://www.letsbuyabusiness.com/     Sourcing List:https://www.letsbuyabusiness.com/source  
Mini - Episode - 6 min.   Timidity is one of the worst sins. No one will follow you or believe you in. Make a bold bet now.   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Get expert M&A guidance, valuations, and fractional executive support from Amplēo.Learn more at www.ampleo.com/lets-buy-a-business-podcast/.   Buying or selling? Business Valuation help? - Lean on Peak Business Valuation and their expertise now.  https://hubs.li/Q03zlvqH0   Join the next How to Buy a Business Cohort - Dec 2025 https://www.letsbuyabusiness.com/   Sourcing List:https://www.letsbuyabusiness.com/source
Seller Financing All Cash Using a Loan **Most use a combination of all 3.   Join the How to Buy a Business Cohort - Nov 2025 https://www.letsbuyabusiness.com/ SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies.   Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Get expert M&A guidance, valuations, and fractional executive support from Amplēo. Learn more at www.ampleo.com/lets-buy-a-business-podcast/.   Buying or selling? Business Valuation help? - Lean on Peak Business Valuation and their expertise now. https://hubs.li/Q03zlvqH0   Sourcing List:https://www.letsbuyabusiness.com/source
Entry-Level Deep Dive into Due Diligence - I cover a lot here.   Financial Employee Admin / Business Debt Service Coverage Ratio (DSCR)   Join the How to Buy a Business Cohort - Nov 2025 https://www.letsbuyabusiness.com/   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Get expert M&A guidance, valuations, and fractional executive support from Amplēo.Learn more at www.ampleo.com/lets-buy-a-business-podcast/.   Buying or selling? Business Valuation help? - Lean on Peak Business Valuation and their expertise now. https://hubs.li/Q03zlvqH0   Sourcing List: https://www.letsbuyabusiness.com/p/source/
Here is the 2-min "Sniff Test" on how you can avoid going after the wrong deals for you. It will eventually get to the point where it can be done in a few seconds but start out going deep into about 20-30 business summaries (CIMs) to get a handle on things.   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Get expert M&A guidance, valuations, and fractional executive support from Amplēo. Learn more at www.ampleo.com/lets-buy-a-business-podcast/.   Buying or selling? Business Valuation help? - Lean on Peak Business Valuation and their expertise now.  https://hubs.li/Q03zlvqH0   Join the How to Buy a Business Cohort - Oct 2025? https://www.letsbuyabusiness.com/p/how-to-build-a-business-cohort-with-ryan-condie/   Sourcing List: https://www.letsbuyabusiness.com/p/source/
We're on to sourcing. People who fall off the search train end up at Dell. Here are 6 ways you can search creatively for a business to buy.   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies.Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Get expert M&A guidance, valuations, and fractional executive support from Amplēo. Learn more at www.ampleo.com/lets-buy-a-business-podcast/.   Buying or selling? Business Valuation help? - Lean on Peak Business Valuation and their expertise now. https://hubs.li/Q03zlvqH0   Join the How to Buy a Business Cohort - Sept 2025? https://www.letsbuyabusiness.com/p/how-to-build-a-business-cohort-with-ryan-condie/   Sourcing List: https://www.letsbuyabusiness.com/p/source/
The most important part of the business acquisition search....what are you looking for (specific) and why!?   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Get expert M&A guidance, valuations, and fractional executive support from Amplēo.Learn more at www.ampleo.com/lets-buy-a-business-podcast/.   Buying or selling? Business Valuation help? - Lean on Peak Business Valuation and their expertise now.   https://hubs.li/Q03zlvqH0     Join the How to Buy a Business Cohort - Sept 2025?https://www.letsbuyabusiness.com/   Questions to Ask Around Narrowing Down Your Criteria: https://docs.google.com/document/d/1VXYFgAVquG3vwhDiDo4tEHnIx0xI_Hok1o_Mc_ru23Y/edit?usp=sharing
Episode 1: Buying a Business 101 - Introduction to the concept of buying a business - Benefits of acquisition versus starting from scratch. - Common myths and misconceptions.   SMBs are the biggest target for cyber attacks. Protect your business with Inzo Technologies. Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at nick@inzotechnologies.com.   Get expert M&A guidance, valuations, and fractional executive support from Amplēo. Learn more at www.ampleo.com/lets-buy-a-business-podcast/.   Buying or selling? Business Valuation help? - Lean on Peak Business Valuation and their expertise now. https://hubs.li/Q03zlvqH0
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Comments (1)

Соня Сливчак

Creating a business from scratch can be very difficult, so it can be easier to just buy it. This site can help you: https://mediaonemarketing.com.sg/buying-business-singapore-guide/ here are places where you can buy a business

Jun 17th
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