Nov 28 2024 4 mins
Learn how to bring in equity from potential partners while ensuring a mutually beneficial arrangement for all parties involved. This episode covers essential topics like legal reviews, SBA 7A financing, and creating fair investment terms.
Question: Hello, I'm Chuck. I'm currently in the process of acquiring a laundromat with an estimated purchase price of around $1 million. I'm seeking some advice on how to structure a deal that would allow me to bring in equity from potential partners. I have two colleagues who are interested, and I want to ensure that the arrangement is mutually beneficial for all parties involved. Your insights would be greatly appreciated. Thank you in advance!
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