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Buy and 3x a Project-Based Business in Just 2 Years

Buy and 3x a Project-Based Business in Just 2 Years

Acquiring Minds · Will Smith

October 2, 20231h 38m

About this episode

In 2021, Johannes Hock bought an artificial turf installer business doing $5m. It's on track to exceed $15m in 2023. Topics in Johannes’s interview:Comparing opportunities in private equity vs searchSources of deal flow beyond BizBuySellMapping multiples to months for better perspectiveAcquiring an artificial turf companyThe luxury of finding a business with a GMHow to value and finance a fast-growing businessTracking data from day one of ownershipHow weather affects his cash flowUnexpected costs of sales commissionsBenefits of having a partner in searchReferences and how to contact Johannes:LinkedInTwitterDFW Turf SolutionsBuy Small Sell HighGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HR Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund Team

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Topics

entrepreneurshipentrepreneuronline businessSMBacquireacquisition