Chelsea Mandel

I had the job of a lifetime. I was making more money than I could’ve imagined at age 28. I sold a billion dollars in real estate deals, making 7-figures a year. And I walked away from it all to chase something money can't buy. Here's my story.

@yeahwellwhatevs If they’re willing to sell the real estate, yes

@ChelseaNMandel If the business doesn't own the real estate but the owners are willing to sell does it still work?

Here’s the secret to buying a business for free. The “Sale Leaseback Free-Roll”. 👇

@RobertMSterling The boring way ♥️♥️♥️

The most common job among the top 0.1% of rich people? It’s not being a surgeon. Or a Wall Street tycoon. It’s owning a business. And probably a boring one, too. - Among the top 1% of earners ($550k+ per year), 34.9% of income comes from business ownership. It’s even more among the top 0.1% ($2.3M per year), at 43.1%. - The businesses we’re talking about here—for the most part—aren’t glamorous hyper-growth startups funded by Silicon Valley VCs. They’re regular, boring businesses you find all over America: small manufacturing companies, car dealerships, beverage distributors, construction companies, dental practices, law firms, fast food franchises, etc. - There are 1.6M businesses in America worth $10M or more. In other words, there is one $10M business for every 82 American households*. - Yes, running one of these companies is a ton of work. And, yes, building or acquiring one of them requires a high tolerance for risk (if you know me here or you’ve worked with my firm, you know I’ll never sugarcoat that, and I’ll never gaslight you and pretend it’s easy). - But, if you’re interested in this path—and if you have decent leadership skills, a willingness to risk the downside in order to pursue the upside, and the mentality that you’re going to work your ass off 24/7 to make it, no matter what—there’s no reason why this couldn’t be you. You could be the 1/82 here, not the other 81. (*This includes businesses that are owned by PE firms or are publicly listed, so the math here isn’t perfect. But there are still vast numbers of these companies owned by their original founders, by their heirs, or by individual investors who acquired them without PE-backing.)

@EndresenHeather @RandBusiness Thank you! Happy to help, send them my way!

@RandBusiness @ChelseaNMandel

Acquisition entrepreneurs: Does someone have a recommendation for a firm/advisor to assist in a Sale Leaseback transaction? One of our members is looking at a deal where executing a SLB would be needed to fund the acquisition.

@jxbusiness I hope not 😩🇯🇲

@ChelseaNMandel Has Mary Jane in it

How the F does this cost $6.15 in Montego Bay airport?? And yes I’m stupid enough to purchase it anyway.

@jxbusiness 🤣

@MrPassive_ Not wrong 😂 However this was not even a vending machine! In what world does this make sense

Vending machine customer 🤣

@alexanderpanos @RobertMSterling @BoringBiz_ 🙏🙏💚

@RobertMSterling @BoringBiz_ @ChelseaNMandel I agree @ChelseaNMandel is one of the best. We work closely with her as we invest in free standing triple net lease properties. Sale leasebacks can be a highly accretive form of alternative capital, especially in times of capital markets volatility.

Sale Leaseback in Private Equity Transactions Primer

@RobertMSterling @BoringBiz_ Thank you! Always happy to help with sale leasebacks! 🙏

@BoringBiz_ Banger. @ChelseaNMandel is an expert here, if anyone is ever looking for guidance on SLBs.

TSA gives you the option to opt out of the photo. Every time I opt out the TSA agent is an asshole about it. Why??

@GravesD3V It’s in Florida

@ChelseaNMandel Do you only deal in TX?

My partner is selling a business about $400k EBITDA, perfect for search fund / SMB. Message me for more info.

@RushabhBha81743 It’s not working, feel free to email chelsea@ascensionadvisory.com

@ChelseaNMandel Dm me

@MIAviationKing Retail furniture

Is it me or is it obvious that if you’re paying $175 million to buy a company solely for its data then your due diligence should focus on verifying said data

@ericgrimstead Thank you! 🙏

@ChelseaNMandel Good on ya! Great to see people thriving in entrepreneurship

One of the things I’m most grateful for as a business owner? Freedom. The freedom to take a midday gym break between meetings. To take client calls while walking around the neighborhood. To work from anywhere that I can set up my monitors and have a strong WiFi connection. Owning a business certainly brings a new set of stress, anxiety, and sleepless nights. But I’ve never once looked back or regretted my decision. Because at the end of the day, the freedom it has given me is priceless.

In this exclusive op-ed for The Manufacturer, Ascension Advisory’s @ChelseaNMandel looks at how build-to-suit financing can enable manufacturers to secure the facilities they need without the burden of real estate ownership. Find out more here: hubs.ly/Q03bfh5k0

@IAm_RyanSipes I need to 🤣 I wish I had more time!!

@ChelseaNMandel Bring back 2023 @ChelseaNMandel with this gold mine of threads!

I had the job of a lifetime. I was making more money than I could’ve imagined at age 28. I sold a billion dollars in real estate deals, making 7-figures a year. And I walked away from it all to chase something money can't buy. Here's my story.

@SMBandfarming Let’s talk ! Shoot me an email and let’s set up a call Chelsea@ascensionadvisory.com

@ChelseaNMandel Would love to talk about potential business acquisition where I’d like to do a sale leaseback. Business plus real estate is around 6.5-7m

What does the SMB / ETA / search fund community think of this? If you engage us on a deal to structure a sale leaseback simultaneous with your acquisition And we get the deal under LOI with a qualified sale leaseback buyer And the sale leaseback buyer is ready to close, but your deal falls apart with seller… Can we ask you to introduce us to the seller to do the sale leaseback themselves with the buyer we have? And pay you a referral fee? Had a few of these already and bummer to not be able to do anything with a fully baked sale leaseback ready to go…