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Podcasts/Acquiring Minds
Acquiring MindsJuly 6, 2022✓ Verified in SBA records

The Weird & Wonderful World of Vending

with Ujwal Velagapudi · Vending machine business

Listen to Episode →

LenderHawk analysis. Not affiliated with or endorsed by Acquiring Minds.

The Deal

Business
Vending machine business
Industry
Vending machine business - thousands of machines with millions in annual revenue
State
FL
Purchase Price
$75K
Multiple
1.5x
Year
2021
0
Deal Source
other

Financing Structure

Buyer Equity
$75K

Strategic Rationale

Diversification into a business type he personally related to (former personal trainer) with high margins.

Post-Acquisition Performance

Maintained $50k cash flow; eventually sold for 2.5x purchase price.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
8
Median Spread
P + 4.40%
Top Lenders
TD Bank, National Association616 deals
Wells Fargo Bank National Association387 deals
JPMorgan Chase Bank, National Association224 deals
United Midwest Savings Bank National Association136 deals
The Huntington National Bank123 deals
See all matching lenders →

Matched SBA Loan Records

SBA loan filings we matched to this deal

United Midwest Savings Bank National Association95%
$80KP + 3.00%FY2025
United Midwest Savings Bank National Association95%
$150KP + 2.75%FY2025
Northeast Bank95%
$150KP + 5.75%FY2025

Want the Full Story?

The full narrative — the personal details, the hard moments, the host conversation — only lives in the original. Go listen.

Listen on Acquiring Minds