Acquiring Minds · 2026-09-10 · 1h 7m
Adam Whelchel paid himself instead of the IRS, putting $35k down on an escape room doing $365k with room to grow. Register for the webinar: The Deal I Almost Bought (And Why I Passed) - TODAY!! - Topics in Adam’s interview: Built a $1.5M accounting firm Business brokerage opened the acquisition door Wanted a business his daughter could appreciate An escape room caught his attention Fixed costs created massive operating leverage Bought the business for roughly $220K Put about $35K into the deal Business acquisition as a tax strategy Re-engaged customers and local businesses Plans to double capacity to 20% References and how to contact Adam: LinkedIn Axis Accounting & Tax Jeff Homer on Acquiring Minds: 1 Music School to $100m in Revenue Adam’s slides Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.com
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