In this update to buying a UPS Store on 0% seller finance, Pace Morby talks with SubTo student, Lindsey Ellenwood, about buying two more UPS Stores together and the challenges she has experienced after buying the business. She describes how she wished she had done more due diligence before buying her first UPS Store because of how many problems arose unexpectedly. Throughout these issues, the store has still seen a significant increase in profit!

Pace and Lindsey talk about their game plan to buy two more UPS locations. Afterward, Pace explains the beginning stages of commercial real estate transactions and the key differences between buying homes and buying commercial properties. He breaks down the purpose of a Letter of Intent (LOI) and the key aspects to be wary of when buying a cash flowing business.

Watch the first UPS store video:    • Buying a UPS Store on 0% Seller Finan...  

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Chapters:
0:00 - Intro
2:51 - Call with Lindsey
3:54 - Training Employees
6:32 - Two MORE UPS Stores to Purchase
9:48 - Bad Bookkeeping
12:21 - Being Strategic with Business Buying
18:46 - Takeaways From the Call

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🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎