• +250,000followers on social media
    • +5 millionviews in the last 3 months
    • +3,000qualified buyers
    • +90,000podcast views
    • +300interested buyers in 3 months

    Training with Toño Álvarez

    Compra tu PYME.

    From looking at opportunities to knowing which ones deserve your capital. Nine weeks to learn how to find, value and negotiate the purchase of an SME in Spain.

    Online, live and recorded

    Two one-to-one mentoring sessions to work on your case

    First you talk to Toño, no online payment

    If you've been mulling it over for months

    You don't lack the drive. You lack a process.

    You've read, you've looked at listings, maybe you've talked to an owner. But between "I'm interested" and making an offer there are questions you need to know how to answer.

    Blocker 1

    I browse portals, but I'm not getting anywhere

    You see listings and none of them convinces you. You don't know if the problem is the market or your judgement.

    Blocker 2

    I don't know if I'm overpaying

    You're given a price and you have nothing to compare it with and no way to adjust it.

    Blocker 3

    I'm afraid of buying a problem

    You don't know what to look at in the accounts or what to ask before signing.

    Blocker 4

    I don't know how to finance the purchase

    Own capital, bank and deferred payment. You don't know how they combine or what the bank asks for.

    Your work over the nine weeks

    Less scattered information. More prepared decisions.

    1. 1

      You'll know which company to look for

      Your thesis in writing: sector, size, geography and capital. Tested with Toño in a one-to-one session.

      A buying strategy
    2. 2

      You'll have a way to analyse it

      Accounts, valuation and risk signals. Templates to structure the numbers so you don't stop at the listing price.

      Criteria for deciding
    3. 3

      You'll understand how to move forward

      Offer, financing, review and contract. The order of the process and what to ask for at each step before you commit.

      A roadmap to signing

    The goal is to give you method and judgement. Nobody buys a company in nine weeks, and we won't promise you that.

    The programme

    From "I want to buy" to knowing how to do it.

    Nine live sessions, in the order a purchase happens. With a decision to work on at each step.

    Sessions 1 to 3

    Find

    • The market you're entering: the succession of Spanish SMEs.
    • Your investment thesis and your buying plan.
    • Sources to find companies and the first message to the owner.

    Sessions 4 to 6

    Analyse

    • Reading the accounts and adjusting EBITDA, the real operating profit.
    • Valuing with multiples and comparables.
    • Risk signals and questions for the seller.

    Sessions 7 to 9

    Buy

    • The non-binding offer and the negotiation.
    • Financing the purchase: capital, bank and deferred payment.
    • Due diligence, contract and transition.

    Plus two one-to-one mentoring sessions with Toño. One for your investment thesis and another to work on your case.

    This is what's included

    You're not just buying classes. You're working on your next purchase.

    Live sessions, one-to-one time with you and the documents you need to take action.

    Learn live

    One group session every week, recorded so you can go back over the concepts. Online, with one year of access.

    Apply it to your case

    Your investment thesis with Toño and a second one-to-one session on an open topic during the first three months.

    Shape your search

    A list of companies identified in Spain based on your thesis, with contact and follow-up messages. It doesn't mean they're for sale.

    So you don't start from scratch

    Thesis, pipeline, valuation, due diligence, bank plan and non-binding offer.

    It has to fit you

    For people who really plan to buy.

    You have capital set aside, you want to buy in the next twelve months and you can give time to working on your search.

    It's not for you if

    • You're looking for a passive investment.
    • You expect to buy without putting in capital or taking anything on.
    • You can't give a few hours a week to your own search.

    Your investment

    First we talk. Then you decide.

    You don't have to pay now. We start with a ten-minute conversation to see what you're looking for and whether the programme can help you.

    Compra tu PYME

    Compra tu PYME

    FeesPrice, dates and places for the next edition, in a ten-minute conversation with Toño.

    For people who have capital set aside and want to buy in the next twelve months.

    • Nine online group sessions, recorded.
    • Two one-to-one mentoring sessions with Toño.
    • Templates and a list of companies based on your thesis.
    • Tax, legal and financing sessions, and a WhatsApp community.
    • Access to the course for one year.

    Learning guarantee: if you complete the classes and exercises and haven't mastered the method, you repeat the next edition at no cost.

    The terms, clearly

    Before you take the next step.

    Yes. One group session a week and your own work between sessions. Sessions are recorded and you have access for one year.

    No. We start with the annual accounts and the concepts used when buying: adjusted EBITDA, multiples, debt and cash. You get the valuation templates.

    Next step

    Tell Toño
    where you stand.

    Ten minutes to see what you're looking for and whether the programme can help you. No online payment.

    1. 1You message him on WhatsApp to say where you stand.
    2. 2Together you check if it fits you: capital, goals and time.
    3. 3He confirms dates, places and price before you decide.