CEO Bros - After Hours · 2026-07-24 · 33 min
*He Was 80% Ready to Buy (Then the Financials Changed Everything) | S2 Ep 75* *A million-dollar pool hall, handwritten books, and a buyer stuck at 50/50.* Why is the owner really selling? Are you buying a business or inheriting their bookkeeping problem? What happens if the one employee holding everything together walks out? Brad found a pool hall with a great location, built-in leagues, regional tournaments, real estate, and at least 15 ways to grow. At one point, he was 80% ready to move forward. Then the diligence showed up. Handwritten receipts. Financials that don't match the size of a million-dollar-plus business. Questions about employees, vendors, software, contracts, customers, and hidden liabilities. His confidence dropped to 40%, then crawled back to 50/50. This is Part 2 of How to Buy a Business. The deal looks exciting. Now the assumptions have to survive the facts.
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