🎙️From Laid Off & Mid-Divorce -> $1.3M / Yr Business

Hello SMB Deal Hunters!

I’m very excited to share this week’s interview with Raj Kankaria.

It is an absolute roller coaster involving layoffs, divorce, rappers, a quarter life crisis, and Raj buying a $1.3M / year business with 100% seller financing.

Here’s a sneak peak:

Raj was a former army vet who had gotten a job at Citi Bank as an investment banker.

He had just been laid off.

He was in the middle of a messy divorce.

And one day, he opened the door to a process server who handed him his divorce papers.

Out of curiosity, Raj asked the man how much he made for every delivery.

The answer: Over $100 per delivery

So, Raj started digging in…and 18 months later, with a lot of twists and turns along the way, Raj ended up OWNING a company that did exactly that.

But it gets crazier:

💡Raj ended up negotiating a 100% seller financed deal (after his SBA loan fell through)

💡He ended up building the biggest litigation support company in Harris County, Texas. With $1.3M in revenue. 1000+ contractor network. And a recession-proof business model. 

💡 And before all that, Raj actually spent over a year working as a process server himself. (And he shares advice on why this was pivotal to his success later on)

Here’s his must-watch story…

And some of his best lessons…

⁉️ How Raj was able to convince the seller to do 100% seller financing (he tackled it with 3 different angles)

⁉️ Why Raj thinks the ‘do no harm’ philosophy after you take over a business is wrong (and what he did instead)

⁉️ Raj’s advice on how to get access to deals like his off-market

👉️ Dive into the story with Raj Kankaria

COMMUNITY WINS

Here’s what one SMB Deal Hunter Pro shared this past week:

Want me and my team to work with you to find, finance, and acquire a million-dollar cash-flowing business in the next 6-12 months?

👉️ Learn more and book a call

COMMUNITY PERKS

• Ready to buy and operate a $1M+ business? Get expert help at every step.

• Want to invest passively in SMB acquisitions? Get access to investment opportunities.

• Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel

• Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.

• Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.

THAT’S A WRAP

Want me to interview you for my podcast? Hit reply.

See you tomorrow with some new deals!

-Helen Guo
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Disclaimer

This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.