344. My Honest Experience Buying a Brick & Mortar Retail Store as a Second Business
About this episode
Ellen Yin shares her honest experience of buying a brick and mortar retail store as a second business.
This is a free preview of a paid episode (59 min), exclusively available on our subscriber-only premium feed. Become a premium subscriber to tune into the full episode: https://cubicletoceo.co/podcast Questions about our premium podcast subscription? Send us a DM @cubicletoceo Introducing “Revenue → Returns (How My Money Makes Me Money)”: our next case study series where we interview entrepreneurs on how they’re investing the money their business makes in ventures outside of their main business to grow their wealth. Kicking off the series with a highly requested discussion on using your business profits to buy another existing business, our founder Ellen Yin debriefs her recent acquisition of Runway Fashion Exchange, a brick and mortar resale store in a college town in Oregon. With details on deal structure, due diligence process, and what returns the store is generating, this is an honest account of what buying a business is actually like — from the first conversation with the seller to now four months in operation as the new owner. Links mentioned in today's episode: Codie Sanchez's episode…
People in this episode
Host: Ellen Yin
Mentioned in this episode
Organizations: Runway Fashion Exchange, Codie Sanchez, BizBuySell, Flippa, Empire Builders, BizScout
Places: Oregon
More episodes of Cubicle to CEO
- 349. Should You License Someone Else’s IP Instead of Building From Scratch? The Strategy That Generated $80,378 In Year One
- Bonus: Are You Exposing Your IP? Hidden Risks Every Creator & Coach Building AI Tools Needs To Know
- 348. She Allocates 75% Of Her Business Profits To Private Money Lending For Double Digit Returns
- 347. Does the Stock Market Beat Reinvesting in Your Business? Turning Active Income Into Passive Income
- 346. Using Business Profits to Invest In Real Estate: How Thanks for Visiting Made $100K+ Revenue and Increased Property Value by 1M+ Before Opening Day
- Bonus: The Social Media-Optional Growth Strategy That Made $166K in 5 Months
Explore listener stats, chart rankings, contacts and more on the Cubicle to CEO podcast page.