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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Today we walk through a recent closing of a bakery production business that faced months of delays. We discuss why the sale paused after a confidentiality breach, how buyer financing choices (refusing SBA) created extra hurdles, and the role of seller financing and property collateral in getting the deal done.
The episode covers concrete complications — slow or nonresponsive appraisers and attorneys, title adjustments, additional collateral requests, and the five-month timeline from offer to close — plus how the team kept momentum by staying patient, communicative, and focused on the mutual goal of completing the transaction.
Key takeaways include advice on operating the business during long sale periods, the importance of clear communication across external partners, planning for post-close expansion, and Apex’s approach to marketing and handling complex or “weird” deals.
100 episodes
