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June 29th, 2025

He Turned Down $10M… Then Sold to 7-Eleven

👉 How Ready Are YOU to Buy a Business? Take the free 5-minute quiz:
https://www.dealflowsystem.net/bbr-score
🎯 Get your score. Spot your blind spots. Fix them before they kill your deal.

What do crawfish, Walmart, and 7-Eleven have in common?

Neal Cobb.

He started as a chiropractor. Then built a delivery startup that scaled to 35 states, raised $20M, and was acquired by 7-Eleven. In this episode, Neal shares how he turned down $10M, powered through COVID, and now buys Legacy businesses with big EBITDA and long-term upside.

Chapters:
00:00 From Chiropractor to Startup Founder
05:38 Scaling with Walmart
11:26 Raising Capital & COVID Pivot
17:06 Acquired by 7-Eleven
22:41 EquityX: Buying Legacy Businesses

Acquiring businesses, teaching entrepreneurs how to acquire businesses and helping entrepreneurs scale businesses through acquisitions and marketing. Jon is adept at negotiation, marketing strategy, structuring and funding of mergers and acquisitions IPOs and exit strategies.