Hey Carl how goes it? To get a better understanding. How does one pay for the annuity. Do you seek out an annuity for a certain amount that pays out 12k monthly and just pay the premium from the business.
What are the most important due diligence things I need to do if I do an annuity deal? The SBA is slow and requires lots of due diligence but that can be a feature. If I bypass this then I need to know how to do due diligence properly.
Hey Carl how goes it?
To get a better understanding. How does one pay for the annuity. Do you seek out an annuity for a certain amount that pays out 12k monthly and just pay the premium from the business.
So it’s basically a 100% seller financing loan, but that sounds like a benefit to the buyer whereas an annuity deal emphasis the benefit to the seller
What are the most important due diligence things I need to do if I do an annuity deal? The SBA is slow and requires lots of due diligence but that can be a feature. If I bypass this then I need to know how to do due diligence properly.
how do I pay if the seller company has more than one director ?
thank you
Superb
Why do you say they'll only net half on a million dollar transaction. Isn't capital gains tax only 15%?