“Buying an existing business is an awesome way to change the trajectory for your family”

Happy Friday!

Earlier this week, I told you about Leann, and how she, her husband, and their 21-year-old son closed on a $1.3M sign company in Denver seven months after joining Acquisition Ace.

Today, you’ll get their biggest lessons from that deal and how they pulled it off. 👇

Community Spotlight

Before we get into Leann and her family’s key takeaways, I’ve got another success story from our Acquisition Ace community.

Kris bought a $2.6M oil field service company while keeping his full-time job at Chevron, and he’s now making $250K/year in passive income.

He went from knowing nothing to closing a multi-million dollar deal in 5 months.

👉 Want to learn exactly how to navigate lenders and close your first deal? Book a call with our team here.

“Buying an existing business where you have cash flow and revenue from day one is an awesome way to create opportunity, for your life, your family, and generational wealth.”

That’s what Leann told me three months into owning her first business, already landing a franchise contract through her son’s sales hustle, and planning the next acquisition.

3 key takeaways from our conversation

1. Your family can be your team

Leann’s son couldn’t land a meaningful finance internship, so he channeled that energy into leading the acquisition search instead.

He did the outreach, screened the deals, and is now running sales and growth for the business.

The family divided roles based on their strengths, and it worked.

2. A 3-year seller note standby changes your cash flow math

Leann negotiated a seller note with zero payments for the first three years.

That structure gives the business time to stabilize and generate cash flow before the additional debt service kicks in, a critical cushion for any first-time buyer.

(Leann’s son was relentless, screening every deal against a structured framework and following up with brokers until he got a meeting. That kind of disciplined, repeatable process is exactly what we teach inside Acquisition Ace. If a community like that sounds like it could help you in your first acquisition, book a call with our team here.)

3. The first 90 days are rarely what you expect

Revenue in the first few months didn’t match the previous owner’s numbers.

Rather than panic, Leann stepped in, assessed the operations honestly, and started building the systems and processes that were missing.

Three months in, they’ve already landed a major franchise contract and are building toward recurring revenue streams.

This week’s action item

Map out your own team.

Who in your personal or professional network could play a role in your acquisition, whether that’s sourcing deals, reviewing financials, running operations, or supporting growth?

You don’t have to do this alone, and the right people around you can dramatically accelerate the process.

To hear the full story of how Leann’s family found, structured, and closed this deal…

Watch the full interview with her here.

P.S. Leann’s family wouldn't have gone down this road without Acquisition Ace.

The program gave them the foundation, the community gave them the confidence, and the tools gave them a repeatable process for finding the right deal.

If you want that same foundation behind your search…

👉 Book a call with our team here to see how the Acquisition Ace community could help you land your first business acquisition.