Buying a Travel Business during a Global Pandemic with Mary Stange

Mary Stange left a career as a flight officer with the U.S. Navy to join her Foreign Service husband overseas. Frustrated with long clearance delays for embassy jobs and the lack of employment continuity between posts, Mary dreamed of a job that she could take with her from post to post. 

After listening to a podcast about investing in small businesses for passive income, she started researching businesses for sale. That led her to purchasing a boutique travel company, Ponte Travels, right as the global pandemic shut down travel worldwide.

In this interview, Mary discusses:

• her thought process behind purchasing a small business and how she went about evaluating whether the business would be a profitable venture
• the steps required to purchase a business, including doing due diligence, enlisting experts, and how to navigate Small Business Administration (SBA) loans
• having the courage and vision to open a business that was severely affected by the pandemic

… and much more! You can find out more about Mary and Ponte Travels here: https://www.pontetravels.com/

Music: “Higher Up” by Shane Ivers