Lyle closed deals on a 5-star restaurant with a bar and a restaurant with a bowling alley. Both have the potential to reach $2M in volume. Here are the lessons from those deals: — 📈 It took Lyle 9 months and reviewing 87 businesses to find the right ones. His persistence paid off, leading to these amazing opportunities. – 💼 Lyle negotiated a $125K down payment from his acquisition target food vendors, securing rebate funding without using his own money. Smart leverage and negotiation! – 🛠️ His real key to success: relentless pursuit. Lyle was willing to ask hard questions and built strong relationships, climbing the ladder to decision-makers. – 🌟 Lyle's approach of empowering employees led to significant improvements and higher performance in his new businesses. – 📊 Due diligence is crucial. Lyle worked closely with the accountant and lawyer, ensuring every detail was covered before finalizing the deals. – 🏢 Building rapport: Lyle met with business owners multiple times, understanding their motivations and negotiating terms that benefited both parties. – 🚀 Never quit. Lyle emphasizes patience and persistence. His story is a testament to the power of dedication and the rewards good business acquisitions can bring. – If you enjoyed this, comment "Restaurant" below to get this interview and others like it