Buying Your First Business: A Workshop for Aspiring Owners

Buying an existing business can be a faster, less risky path to ownership than starting one from scratch – but it requires strategy, research, and the right guidance. 

To provide you with this type of guidance, QEDC is teaming up with Michael Steinberg of Hedgestone Business Advisors and to host a masterclass where you will learn how to navigate the process of business acquisition from start to finish. You will understand how to find the right opportunity,  assess value, secure financing, and take over operations confidently. If you have ever been interested in buying an existing pizzeria, restaurant, laundromat, car wash company, etc., then this class is for you. 

By the end of the masterclass, you will know the following: 

• Why buying an existing business can be smarter than starting from scratch
• How to find opportunities that match your skills and financial goals
• How valuation works — and what makes a price fair (or inflated)
• Financing options: SBA loans, seller financing, and more
• What to look for in due diligence, and how to avoid costly mistakes
• What happens after closing: training, staff transition, and next steps

This workshop is for you if:

• You have always been interested in running your own business, and are interested in exploring acquisition as a faster route to profitability than launching a startup.
• You have a lifelong dream of owning a storefront, but you want to evaluate and decide between purchasing an existing business and starting your own business.
• You are a corporate professional looking to transition into business ownership with a proven model.
• You are a skilled worker or manager (restaurant staff, contractors, retail leads) ready to take the next step and own what you have been running.

About The Speaker

Michael Steinberg is a highly accomplished entrepreneur and the founder of Hedgestone Business Advisors, where he has made a significant impact in the world of small business acquisitions. With a remarkable track record in business sale transactions, Steinberg has emerged as a leading figure in the industry, having closed over $2 billion worth of deals in the past five years.

As a versatile professional, Steinberg’s expertise extends across various industries, making him industry agnostic when it comes to deal-making. His diverse portfolio of closed deals encompasses a wide range of fields, demonstrating his ability to navigate different sectors successfully. With a keen eye for opportunity, he has consistently delivered exceptional results

At the helm of Hedgestone Business Advisors as its CEO, Steinberg leads a dynamic team of 150 professionals. Under his guidance, the company has gained a strong reputation and built an extensive network, boasting over 1,000 exclusive listings. His leadership and strategic vision have played a pivotal role in the firm’s success.

In recent years, Steinberg has focused his efforts on the car wash industry. Leveraging his extensive knowledge and experience, he has become a dominant force in the market. In fact, he holds the distinction of selling more car washes than anyone else in the country over the past two years. His unparalleled success in this sector has granted him a deep understanding of the intricacies and dynamics of the car wash business.

Steinberg’s approach to business deals is marked by exclusivity and off-market opportunities. He prides himself on securing exclusive listings and personally curating deals that offer unique advantages to his clients. By leveraging his extensive network and expertise, he consistently delivers exceptional results, surpassing expectations.

Beyond his role as a business advisor, Steinberg is also a limited partner (LP) in a notable nine-car wash portfolio located in New York. This investment further solidifies his commitment to the industry and his belief in the potential for growth and profitability within the car wash sector.

As a driven and accomplished entrepreneur, Michael Steinberg has made a significant impact in the field of small business acquisitions. His impressive track record, leadership skills, and extensive network have positioned him as a trusted advisor and a sought-after figure in the business community. With his unwavering commitment to excellence and his ability to identify unique opportunities, Steinberg continues to shape the landscape of small business deals and inspire others in the industry.