How I Bought a Profitable Business After 20 Years in Banking | My SBA Loan

After nearly 20 years in banking and financing hundreds of business acquisitions, I finally became the buyer. In this episode of My SBA Loan Pro Podcast, I share the complete story of buying my first business—a profitable trampoline park—and the lessons I learned before, during, and after the acquisition. ▶️We discuss: ➡️Why I chose to buy an existing business instead of starting one ➡️How I evaluated cash flow and risk before making an offer ➡️What I discovered during due diligence ➡️The financing structure and negotiations behind the deal ➡️The biggest surprises after taking ownership ➡️Why cleaning up the business didn't automatically increase profits ➡️Cash flow, taxes, and wealth-building strategies every buyer should understand ➡️My advice for first-time business buyers and entrepreneurs ➡️Why I'm already searching for my next acquisition Whether you're considering buying a business, exploring SBA financing, or interested in Entrepreneurship Through Acquisition (ETA), this episode offers practical insights from someone who has been on both sides of the table—as a banker and now as a business owner. If you're serious about business acquisitions, SBA loans, and building long-term wealth through entrepreneurship, make sure to subscribe for more episodes. 🎙️ Hosted by Ryan Smith 👨‍⚖️ Featuring Estate Planning Attorney Rodney Hatley If you liked this content, let's connect on social media: Instagram:   / mysbapro   Twitter:   / mysbapro   👍 Like the video if you found it valuable. 💬 Leave a comment with your biggest question about buying a business. 🔔 Subscribe for more content on SBA loans, business acquisitions, and entrepreneurship. #BusinessAcquisition #SBALoan #Entrepreneurship #BuyABusiness #ETA #SmallBusiness #CashFlow #BusinessOwner #DueDiligence #BusinessFinance