Codie Sanchez and Ryan Snow created Unconventional Acquisitions to teach you how to buy profitable small businesses with little to no money down.
That’s how you build real wealth, Codie says. By trading employment for ownership.
Okay, but why buy a business instead of just starting one from scratch?
Because there’s over 2.5 million businesses for sale in the U.S., Ryan points out. And the owners of these businesses are hungry for an exit. Starving, in fact, since, on average, only about one out of 10 will sell in the next 12 months.
This leaves millions of baby boomers willing to negotiate on price and terms, as long as you take good care of their baby and carry on their legacy – right? – so they can be done with it… and get out on the golf course.
Another advantage of buying an existing business? Instant passive income. You make a similar-sized investment to what you would in real estate, and boom, you’re cash flowing tens of thousands of dollars a month. Whereas, if you start something new, it could take years to make that kinda money – or it might never happen.
“It’s just a better way to income stack,” Codie says.
“I’m looking at buying another laundromat this week. It does about $100,000 in revenue. I want to aggregate a bunch of them and sort of add them to an operator-investor portfolio,” she adds.
What else? Control. Certainty. After the pandemic sucker-punched us, at one point we had like 13% of the population that was unemployed. Now you have AI threatening just about every career you can think of. It’s a good time to get something else going – something that can’t be taken away from you.
And yet, you don’t necessarily have to quit your job the minute you buy a business. You can if you want to, but it’s already a well-oiled machine. Maybe you hire someone to oversee the day-to-day. This way, you pick up an income stream but you don’t have to work more hours and stress yourself out.
“By being able to buy into a business,” Ryan says, “and helping someone else get out of that business – without having to close it down and walk away with nothing?”
“You’re giving them a future-facing income for the next 5, 10, 15 years. And you take that financing, subtract it from what the business was already netting, then you add your new ideas and new hustle to it?”
“And now, you can actually create a full-time income while paying for the business and building equity in something that you actually own,” Ryan explains. “And then eventually, you hire more leverage so you have complete freedom and passive income.”
And then, if you’re aggressive like Ryan and Codie, you can rinse and repeat and enjoy synergy amongst the different businesses you acquire.
For example, one of their Unconventional Acquisitions students bought a couple strip malls, then an HVAC company, then a lawn care business. Naturally, the HVAC and lawn care will service her strip malls, alongside any current and future customers. They all help feed one another.
Inside the Unconventional Acquisitions Course + Mastermind, Codie and Ryan will teach you what types of businesses you should be buying; where to find them; how to vet them; how to negotiate and use seller financing, even if you have the money for it; the legalities you need to be aware of; how to ensure a smooth takeover; how to scale up; and more.
The cost is the only thing I don’t like. It’s $8,800. And that’s only good for the first year. After that, you’ll have to pony up even more to continue.
And there’s no refunds for any reason.