Think a million-dollar online business is out of reach? 

The real barrier isn’t the price—it’s everything you don’t see coming before you even sign.

In this solo episode, Jaryd Krause pulls back the curtain on the part of buying a 7-figure business that almost nobody talks about—the real costs, the real timelines, the real competition, and the parts of the process that can quietly wreck your deal long before you ever get to the closing table.

Most people assume a $1M acquisition is simple math:
Find the business, put down the deposit, sign some papers, done.

But behind every one of those deals are fees, structures, advisors, lenders, deadlines, and expectations that—if you’re not prepared—will eat your budget and your sanity alive.

Here’s what Jaryd gets into:

📌 The actual line-item expenses of buying a 7-figure business (legal, advisors, due diligence,  escrow, lender fees—yes, all of it)

📌Why doing a smaller deal doesn’t necessarily make anything easier and why some “cheap” deals cost more in mistakes

📌How the right deal structure can turn upfront costs into credits that reduce what you owe at closing

📌 The role of buyer-side advisors —what they charge, what they’re worth, and when you shouldn’t hire one

📌 The hidden criteria lenders use to judge your deal that most buyers don’t even know they’re being evaluated on

📌 Why timelines are never linear and competition is always sharper at the top

📌 The mindset traps that sabotage buyers and how patience becomes the most profitable strategy you have

 

Jaryd doesn’t dress it up.

He walks you through the real picture—what it costs, what’s negotiable, what’s risky, and what will give you an edge when everyone else is rushing and guessing.

If you’ve ever wondered whether you can actually afford a million-dollar acquisition, consider this your roadmap—and your reality check.

🎧 Plug in. This one will change the way you look at buying a business.

 

 

Episode Highlights

01:15 – Differences between sub-$500K deals vs seven-figure acquisitions

02:24 – Key costs when buying a seven-figure business

04:52 – Why do you need a specialized M&A lawyer?

07:13 – How to structure legal packages for letters of intent, asset purchase agreements, and contract due diligence

16:56 – Why larger businesses can be easier to acquire despite higher costs, and how cash flow impacts returns

19:22 – How long it can take to close a seven-figure business deal and factors affecting timing

21:40 – Cash vs. financed deals: the impact on negotiation power and deal structure

23:55 – Setting realistic expectations and why compounding small wins builds confidence in acquisitions

26:17 –  Why do you need to work with experts?

 

 

Key Takeaways

➥ Legal fees for M&A lawyers usually run 1–2% of the deal, and using an experienced online business acquisition lawyer is essential.

➥ Finance broker fees range from $5K–$10K, with SBA or lender fees around 3.5–3.75% of the financed amount, often rolled into the loan.

➥ Buyer-side advisors (3–8% of deal size) can review due diligence, advise on deal structure, negotiate, and sometimes source pre-vetted businesses.

➥ Due diligence packages ($5K–$40K) and escrow (~1% of acquisition) are key costs, but many upfront fees can be credited toward your deposit.

➥ With smart planning, many upfront costs—legal, advisor, and broker fees—can be credited toward your deposit, allowing acquisition with just 10% cash down.

➥ The larger the business, the more leverage you have, and the more stable the cash flow. Entry costs scale, but ROI potential often increases with size.

➥ Acquisition timelines vary widely—sometimes months, years—depending on market availability, acquisition criteria, and competition. Patience is key.

➥ Set realistic expectations. Overly ambitious goals or standards can harm mindset and decision-making. Compounding small wins builds confidence and sustainable success.





 Resource Links

➥ Connect with Jaryd here - https://www.linkedin.com/in/jarydkrause

➥ Buying Online Businesses Website - https://buyingonlinebusinesses.com

➥ Download the Due Diligence Framework - https://buyingonlinebusinesses.com/freeresources/

➥ Sell your business to us here - https://buyingonlinebusinesses.com/sell-your-business/

➥ Google Ads Service - https://buyingonlinebusinesses.com/ads-services/

 

Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥

➥ Empire Flippers - https://bit.ly/3RtyMkE

➥ Flippa - https://bit.ly/3wGa8r5

➥ Motion Invest - https://bit.ly/3YmJAm

➥ Investors Club - https://bit.ly/3ZpgioR

 

*This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.

Think a million-dollar online business is out of reach?&nbsp;
The real barrier isn&rsquo;t the price&mdash;it&rsquo;s everything you don&rsquo;t see coming before you even sign.
In this solo episode, Jaryd Krause pulls back the curtain on the part of buying a 7-figure business that almost nobody talks about&mdash;the real costs, the real timelines, the real competition, and the parts of the process that can quietly wreck your deal long before you ever get to the closing table.
Most people assume a $1M acquisition is simple math: Find the business, put down the deposit, sign some papers, done.
But behind every one of those deals are fees, structures, advisors, lenders, deadlines, and expectations that&mdash;if you&rsquo;re not prepared&mdash;will eat your budget and your sanity alive.
Here&rsquo;s what Jaryd gets into:
📌 The actual line-item expenses of buying a 7-figure business (legal, advisors, due diligence,&nbsp; escrow, lender fees&mdash;yes, all of it)
📌Why doing a smaller deal doesn&rsquo;t necessarily make anything easier and why some &ldquo;cheap&rdquo; deals cost more in mistakes
📌How the right deal structure can turn upfront costs into credits that reduce what you owe at closing
📌 The role of buyer-side advisors &mdash;what they charge, what they&rsquo;re worth, and when you shouldn&rsquo;t hire one
📌 The hidden criteria lenders use to judge your deal that most buyers don&rsquo;t even know they&rsquo;re being evaluated on
📌 Why timelines are never linear and competition is always sharper at the top
📌 The mindset traps that sabotage buyers and how patience becomes the most profitable strategy you have
&nbsp;
Jaryd doesn&rsquo;t dress it up.
He walks you through the real picture&mdash;what it costs, what&rsquo;s negotiable, what&rsquo;s risky, and what will give you an edge when everyone else is rushing and guessing.
If you&rsquo;ve ever wondered whether you can actually afford a million-dollar acquisition, consider this your roadmap&mdash;and your reality check.
🎧 Plug in. This one will change the way you look at buying a business.
&nbsp;
&nbsp;
Episode Highlights
01:15 &ndash; Differences between sub-$500K deals vs seven-figure acquisitions
02:24 &ndash; Key costs when buying a seven-figure business
04:52 &ndash; Why do you need a specialized M&amp;A lawyer?
07:13 &ndash; How to structure legal packages for letters of intent, asset purchase agreements, and contract due diligence
16:56 &ndash; Why larger businesses can be easier to acquire despite higher costs, and how cash flow impacts returns
19:22 &ndash; How long it can take to close a seven-figure business deal and factors affecting timing
21:40 &ndash; Cash vs. financed deals: the impact on negotiation power and deal structure
23:55 &ndash; Setting realistic expectations and why compounding small wins builds confidence in acquisitions
26:17 &ndash;&nbsp; Why do you need to work with experts?
&nbsp;
&nbsp;
Key Takeaways
➥ Legal fees for M&amp;A lawyers usually run 1&ndash;2% of the deal, and using an experienced online business acquisition lawyer is essential.
➥ Finance broker fees range from $5K&ndash;$10K, with SBA or lender fees around 3.5&ndash;3.75% of the financed amount, often rolled into the loan.
➥ Buyer-side advisors (3&ndash;8% of deal size) can review due diligence, advise on deal structure, negotiate, and sometimes source pre-vetted businesses.
➥ Due diligence packages ($5K&ndash;$40K) and escrow (~1% of acquisition) are key costs, but many upfront fees can be credited toward your deposit.
➥ With smart planning, many upfront costs&mdash;legal, advisor, and broker fees&mdash;can be credited toward your deposit, allowing acquisition with just 10% cash down.
➥ The larger the business, the more leverage you have, and the more stable the cash flow. Entry costs scale, but ROI potential often increases with size.
➥ Acquisition timelines vary widely&mdash;sometimes months, years&mdash;depending on market availability, acquisition criteria, and competition. Patience is key.
➥ Set realistic expectations. Overly ambitious goals or standards can harm mindset and decision-making. Compounding small wins builds confidence and sustainable success.
 
&nbsp;Resource Links
➥ Connect with Jaryd here -<a href="https://www.linkedin.com/in/jarydkrause"> https://www.linkedin.com/in/jarydkrause </a>➥ Buying Online Businesses Website -<a href="https://buyingonlinebusinesses.com/"> https://buyingonlinebusinesses.com</a>
➥ Download the Due Diligence Framework -<a href="https://buyingonlinebusinesses.com/freeresources/"> https://buyingonlinebusinesses.com/freeresources/ </a>➥ Sell your business to us here -<a href="https://buyingonlinebusinesses.com/sell-your-business/"> https://buyingonlinebusinesses.com/sell-your-business/</a>
➥ Google Ads Service -<a href="https://buyingonlinebusinesses.com/ads-services/"> https://buyingonlinebusinesses.com/ads-services/</a>
&nbsp;
Buy &amp; Sell Online Businesses Here (Top Website Brokers We Use) 🔥
➥ Empire Flippers -<a href="https://bit.ly/3RtyMkE"> https://bit.ly/3RtyMkE</a>
➥ Flippa -<a href="https://bit.ly/3wGa8r5"> https://bit.ly/3wGa8r5</a>
➥ Motion Invest -<a href="https://bit.ly/3YmJAmO"> https://bit.ly/3YmJAm</a>
➥ Investors Club -<a href="https://bit.ly/3ZpgioR"> https://bit.ly/3ZpgioR</a>
&nbsp;
*This post may contain affiliate links, so we may earn a small commission when you make a purchase through links on our site/posts at no additional cost to you.

Hosted by Jaryd Krause who went from plumber to creating an online business empire through buying websites for passive income. 

This podcast will unfold his secrets as you explore the highs, lows and light bulb moments of his personal journey in each episode. He will show you that no matter where you are in life an alternate lifestyle is more than possible. You will gain the knowledge you need to start buying online businesses yourself and live a fulfilling lifestyle.

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