Trevor Smith and Logan Meyer have been working at Bedel’s Marathon, a one-stop fuel and mechanic shop in Batesville, Ind., since they were in high school. So when the Bedel family wanted to sell the shop, they naturally became prospective buyers. After choosing to purchase the business together, they reached out to the Southeast Indiana SBDC to help them understand what they needed to do to accomplish their goal. Their business advisor, Ginnie Faller, walked them through the process of setting up operating agreements, breaking down financials, analyzing the asking price and reviewing the contract proposal. They successfully purchased the business in January 2018.
Aug 2nd, 2018