Inline Rail: a California sale, told by the founder
David Ortiz · just outside San Diego
David Ortiz built Inline Rail just outside San Diego and took it through the FNDRS process. This page follows the engagement phase by phase and ends with David’s testimonial, filmed after the sale.
The engagement
What Inline Rail went through with FNDRS
The same four phases every FNDRS sale runs, as they played out for Inline Rail: from the first conversation to funds flow, with the same team throughout.
- 01
Prepare
Where Inline Rail stood when David first called, and the financials and the story of the company that held up in diligence. Written from David’s own account once confirmed.
- 02
Market
Which buyers were brought to the table for a company outside San Diego, and how the process stayed confidential. Written from David’s own account once confirmed.
- 03
Select
How the offers compared, and how the process kept David in the position to choose. Written from David’s own account once confirmed.
- 04
Close
The terms, the transition, and what came after the close for David. Written from David’s own account once confirmed.
In David’s words
“A line from David, in David’s own words, once the testimonial is filmed.”
David OrtizCEO and president, Inline RailThe testimonial
David Ortiz on selling Inline Rail
Filmed with David after the sale. Sound is on when you press play.
Where it happened
Selling a business in California
What a seller keeps, and how the sale is run, is set partly by the state. The California page holds what changes there: the tax at exit, the rules of the sale, the deal culture, and life after the close.
California is one of the busiest markets in the country for business sales, with buyers of every kind already active. The state's share of the gain is among the highest, 13.3% at the top. Expect a tax-clearance or bulk-sale notice before closing, and a licensed broker.
Thinking about a sale of your own?
No pitch and no obligation. If the honest answer is not yet, we will say so, and say what to work on.