Looking to buy on my own, good or bad idea?

by a searcher from Pepperdine University - Graziadio School of Business and Management

3 years ago

I have access to about $1.5M that I would like to use to buy a $5M-$7M business. I would get a bank loan to cover the difference. I have 20 years of business experience, especially in digital marketing. I don't have access to outside investors though. I would be buying the deal on my own.
Would I be able to find a good deal on my own? Am I having realistic expectations?

4 likes
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7 comments

investor from Illinois Institute of Technology

Would be happy to weigh in DM: --@----.com personal search and financed on my own with bank help....now representing a digital marketing company for sale, smaller than your criteria however.

3 years ago | like reply | 1 like

intermediary from Naval Postgraduate School

$1m cash plus $5m SBA loan will get a nice platform from which to gain experience and later to grow through acquisition. Of course you need to select the appropriate target that can profitably scale.

3 years ago | like reply | 2 likes

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