$700k EBITDA with No SBA, No Money Down
How Andrew Stordeur bought a 25-year-old furniture manufacturer in Alberta without having to use any of his own capital.
Topics in Andrew’s interview:
Taking a startup to an IPO
Competition in the wood furniture space
Financing without the SBA
Advice for Canadian searchers
Getting a 35% seller note
His 100% financed deal
His plan to increase direct-to-consumer sales
Being the sole breadwinner for a family of 6
Deciding not to buy with a partner
How his company ships faster than Amazon
References and how to contact Andrew:
All Things Cedar
Village Wellth
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The skinny
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