# How He Bought a 51-Year-Old Business for ONLY 7% Down

Page: https://stenobird.com/podcast/the-smb-deal-hunter-podcast-7541224/how-he-bought-a-51-year-old-business-for-only-7-down
Text version: https://stenobird.com/podcast/the-smb-deal-hunter-podcast-7541224/how-he-bought-a-51-year-old-business-for-only-7-down.md
Podcast: [The SMB Deal Hunter Podcast](https://stenobird.com/podcast/the-smb-deal-hunter-podcast-7541224)
Published: 2026-05-18T16:47:20+00:00
Episode link: https://share.transistor.fm/s/82bf6690
Audio file: https://media.transistor.fm/82bf6690/30dee8c9.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-smb-deal-hunter-podcast-7541224/episodes/how-he-bought-a-51-year-old-business-for-only-7-down
Duration seconds: 3285

## Resource

Want help buying a business? https://smbdealhunter.link/pro-yt In this episode, Jonathan breaks down how he bought a 50-year-old electrical contractor for $7M with just $500K down, the seller financing structure that made it work, and the 4-month chaos he survived to close it. ◼️ Why he stopped starting businesses after 20 years and bought one instead ◼️ The 10-year seller note that let him close a $7M deal with just $500K down ◼️ How he beat a Texas family office trying to roll the company into a 10-office portfolio ◼️ The eight-word legal dispute that killed the deal, and the Waffle House breakfast that brought it back to life ◼️ The tax strategy he'd never heard of that put another five figures back in his pocket on the down payment Subscribe to the SMB Deal Hunter newsletter (200,000+ subscribers): https://join.smbdealhunter.xyz/ Follow Helen: Twitter: https://x.com/HelenGuo_ LinkedIn: https://www.linkedin.com/in/helen-guo-06674523/

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## Transcript

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