Former Searcher Opts to Franchise Instead
Acquiring Minds
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How to Build a Multi-Unit Development Agreement in the French Azores
We signed on for 10 stores to develop over a four-year time period. We get an SBA loan for about $200,000 for each store and then about $100,000 of equity. So yeah, you invest in a million dollars of equity, $2 million of debt. You have a business that does about a million dollars at EBITDA. Compared that to buying, let's say, your landscape company for like four to five times E BITDA.
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