Does anyone have experience proposing to work for a company with an option to buy it later? I'd love to hear your experience and how you structured it with the sellers.
I came across a small training company (in Canada) with an interesting product which doesn't have a lot of competitors. They have a decent customer roster consisting of large corporations. One owner is looking to exit and other has flexibility to stay for a while.
The Company is smaller than our target size, and has had a few down years during Covid. Before that the growth was flattish. I think acquiring it right now doesn't make sense as bank financing will be challenging (due to the low Covid years), and I want build more comfort that the company can grow.
Appreciate any advice.
Working for a company with an option to buy later?
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