Is your business a good fit?
Ready to Transition?
If you have spent years building your business and are looking for an opportunity to pass the torch, I am excited to speak with you.
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I will leverage my experience and enthusiasm to take on the responsibility of managing your business. I believe I can offer a compelling solution with a focus on preserving your legacy and fairly compensating you for the value you have created.
Industry
I am open to discussing opportunities in a number of industries.
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Desirable Characteristics:
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Fragmented
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Moderate Cyclicality
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Stable or Growing
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Barriers to entry a plus
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Industry Examples:
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Business Services
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Home Services
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Manufacturing
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Distribution
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Logistics


History
I am looking for a well-established small business with at least 7 years of operating history.
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Ownership for 5 years +
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Stable or growing revenue
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Tenured employees
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Established customer base
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Owner cares about the long-term success of the business
Characteristics
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Revenue of at least $1,000,000
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Owner profits greater than $250,000
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Consistent profitability for 3 years +
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Operating margins greater than 10%
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Low customer concentration
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Recurring revenue is a plus
Culture
I believe the culture of a company is of the utmost importance. While it is possible to build over time, I hope to find a business that has already established and abides by a strong set of values.
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My goal is to run a company with integrity, where employees are proud of their work and well taken care of.
Process
Confidential
I will be your point of contact through the entire process.
I pledge to keep any information regarding your business and the potential sale strictly confidential.
Steps
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Introductory call
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Preliminary review of company
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Follow-up requests for additional information
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Submission and review of the Letter of Intent
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Detailed due diligence on all aspects of the business
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Term agreement, transfer of funds and ownership
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Transition Period
Post-Close
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Dependent on the terms of the deal
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Potential for a short-term contractual period during which previous ownership aids in transition