Buying a $3m Candle Manufacturer That Had No Books
Chad Hildebrant knew the best deals have hair on them. The trick is finding the right hair, turning red flags green.
Topics in Chad’s interview:
Buying a business that was not financeable
Getting a 60% seller note
Reconstructing 3 years of financial records
Deal fatigue during negotiations
Burning himself out in the first quarter post-transition
3 explanations for chaos in a business
Comparing management to parenting
The 3 types of candle makers
How he generates new sales
The importance of having friends who are operators
References and how to contact Chad:
A candle co.
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The skinny
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