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Why don’t you buy a business with ~100-150k ARR for a 2-3x multiple and grow it. That would save you the first (and hardest) part of finding at least some sort of product-market fit. There are places where people talk about their businesses like indiehackers, also HN has a regular thread.

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Thanks for the suggestion. I am extremely protective of my money, so divesting from my index funds to fund the acquisition, or going into debt for acquiring it, is not an option for me. I am really hoping to have something that I can nurture from scratch.

What are the options of financing businesses like this? As a 40 year old salary man, what might I reasonably expect a bank to give me, say if I put down 40k for a 150k business. And assuming I do it under an LLC.

Is that realistic? I know nothing about this world - but I'm assuming some financing exists. Would love to hear takes from people with experience, or any forums that cater to this area of buying SMEs.

I'm in Europe myself.

Not realistic unless you’re talking HELOC to fund the purchase, which I wouldn’t recommend.

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