My developing thesis:
1. $7 trillion of profitable small businesses will change hands in the next 25 years -- 👋🏻 bye Baby Boomers.
2. Virtually no one is focused on buying these sub $15 million businesses. Too big for an individual. Too small for private equity.
3. You can *still* buy these assets for 3-4x their annual profit. That's a ~30% year 1 return with no debt and no growth.
4. Most ambitious peers are trying to build the next billion-dollar company. There's a lack of sophisticated operators in this space.
5. Content is the flywheel. Sharing the journey publicly attracts proprietary deal flow, the right investors, and the best talent.
To be clear:
I am not the first to identify this opportunity.
Folks like @BrentBeshore@awilkinson@SievaKozinsky@XavierHelgesen are way ahead of me.
But hey -
I think we're in the 2nd inning of a 9-inning game.
There will be many winners.
We can help! Knowing what your business is worth in today’s market is valuable not only if you are thinking about selling but also in preparation for all of life’s unknowns.
https://t.co/52MV0HgcAV
This is a great opportunity for a I.T. professional that would like to venture into small business ownership or the I.T. company that would like to expand its footprint.
https://t.co/gfX8RT7Y4g
We always enjoy supporting valuable organizations like the @ASBTDC This Thursday @ 10:00 we will be contributing to this webinar. We also look forward to learning valuable information from the other panelist. In these changing economic times there’a always something to learn.
We strive to assist business owners with valuable insights we have some interesting experiences from dental practice owners in this edition of our Industry Spotlight
https://t.co/pKTypmwPls