Eleven months into a purchaseβthen the numbers slipped and the deal blew up.
Betsy Kauffman tells @thestevemcgarry she'd rather a weak deal collapse early than eke it along.
π§ https://t.co/8om2JS74Yt
Revenue dropped mid-dealβand the sellers walked from the new valuation.
Betsy Kauffman tells @thestevemcgarry why she would sell while the company is still doing phenomenally well.
π§ https://t.co/8om2JS74Yt
A snack brand earning $8.9K/month profit just listed: one of 61 new First Access deals this week, plus 45 open to all.
1) Snack subscription, $239,987 (FA)
2) TV show channel, $350K
3) Pest repellent FBA, $275K
4) AI chat app, $120K (FA)
Browse: https://t.co/LPVgoyvnYt
Mixed PayPal accounts and shared Google Workspaces can turn a buyer off fast.
Jeremy Schoemaker (@shoemoney) tells @thestevemcgarry why he kept every side business in its own lane before selling.
π§ https://t.co/8om2JS74Yt
A million-dollar offer is tempting. Jeremy Schoemaker (@shoemoney) asks sellers one question first.
He tells @thestevemcgarry: know what you'll do with the money, or get on your exit ramp before you sell.
π§ https://t.co/8om2JS74Yt
eBay wanted his ad network. A New York firm outbid it, and the deal was done on a napkin.
Jeremy Schoemaker (@shoemoney) tells @thestevemcgarry the buyer later said it was prepared to pay 10x more.
π§ https://t.co/8om2JS74Yt
New deals hit the platform π 44 new First Access deals this week, 56 more now open to all.
1) AI nursing study SaaS, $225K (FA)
2) AI-run lead gen agency, $2.94M
3) KDP romance publisher, $976K (FA)
4) Turnkey beauty brand, $928K
Browse: https://t.co/LPVgoyvnYt
A seller flying private to a seminar isn't spending what the next owner would.
Natalia Zacharin tells @thestevemcgarry how her team adds personal expenses back so buyers see true costs and revenue.
π§ https://t.co/8om2JS74Yt
Sell a business that runs on you, and the buyer will likely ask you to stay as an employee.
Natalia Zacharin tells @thestevemcgarry why owners should keep replacing themselves, even if it takes five hires.
π§ https://t.co/8om2JS74Yt
A buyer looked at similar-sized franchise locations and valued them very differently.
Natalia Zacharin tells @thestevemcgarry the gap came down to whose books were clean.
π§ https://t.co/8om2JS74Yt
New deals hit the platform π 77 new First Access deals this week, 72 more now open to all.
1) 9-yr supplement store, $200K
2) Microneedling brand, $1.3M
3) 438K-sub bodycam YouTube, $440K (FA)
4) Home & garden store, $399K (FA)
Browse: https://t.co/LPVgoyvnYt
After losing Blackthorn to Miller Brewing Company, Jeffrey House decided the next brand he lost would be one he owned.
So in 1993 he started the California Cider Company in Sonoma, he tells @thestevemcgarry.
π§ https://t.co/8om2JS74Yt
Ace Cider was growing 20% a year, debt-free, and had already turned down Sapporo.
Jeffrey House tells @thestevemcgarry how a heart attack, two fires and COVID left him wondering if he had any rabbits left to pull out of hats.
π§ https://t.co/8om2JS74Yt
Jeffrey House had reservations about selling Ace Cider to a wine company.
He says wine companies don't really get fast-moving packaged goods, and the buyer went bankrupt within three years.
π§ https://t.co/8om2JS74Yt
New deals hit the platform π 72 new First Access deals this week, 67 more now open to all.
1) 25-yr upcycled fashion brand, $250K (FA)
2) 8-yr SVG animation SaaS, $1.1M
3) 2.18M-sub YouTube channel, $902K (FA)
4) Multi-channel lash brand, $500K
Browse: https://t.co/LPVgoyvnYt
Established in 2024, this Australian sleep and breathing brand sells consumable nasal strips and mouth tape, with over 450,000 units sold.
$286K annual revenue, $5.97K avg monthly profit, ~$48 AOV
Asking price: USD $150,171
View listing: https://t.co/ibdQRqPMb4
PE often reserves equity so your management team shares the upside.
Sequoya Borgman of Borgman Capital on The Exit EP 317: how that works, about 90 days to the purchase agreement, and when to walk away.
π§ https://t.co/8om2JS74Yt
Since 2011, this Australian Shopify brand sells bean bag covers and liners DTC and wholesale, with Sydney 3PL fulfillment.
$1.32M annual revenue, $28K mo profit, $341K annual profit
Asking price: USD $1,564,436
Now in First Access.
View listing: https://t.co/t3lWkcR3za
At four years old, this AWS-hosted ESG SaaS helps Benelux and UK SMEs with carbon assessments and reporting.
$228K annual revenue, $7.8K monthly profit, 84 active subs
Asking price: USD $448,220
Now in First Access.
View listing: https://t.co/bL5CmhGDAC
At one year old, this AI storytelling app delivers character-roleplay across iOS, Android and web for romance and fandom fans.
$389K annual revenue, $3.52K mo profit, 3.2K paying subs
Asking price: USD $495,000
View listing: https://t.co/58IpkcWlcg