There was a great recent post here on the risks of buying a business that’s “too small,” and I wanted to add some context from my own situation. I’m currently looking at an off-market deal: a 30 year food distribution company serving food service customers in Chicago. The business has 15 employees and generated about $493k in EBITDA; 650k in SDE inredactedThe seller is open to staying on for up to five years post-acquisition and is also willing to provide seller financing. Given the earlier discussion around the risks of size, I’d be interested in hearing thoughts on how a longer succession plan and seller involvement might change the equation of risk in a deal like this.