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🎙️How He Went From English Teacher To 40 Business Acquisitions

Hello SMB Deal Hunters!

Twelve years ago, Dom Wells was making $2,000 a month teaching English in Taiwan.

No corporate background.

No investors.

No SBA loan. (He’s not even American)

Today he runs a NASDAQ-listed holding company with 40+ acquisitions and a $12 million revenue run rate.

And he built the whole thing by buying the types of businesses most people scroll right past.

His first deal? $40K, seller-financed at $10K a month for four months.

He wasn't even making enough to feel comfortable going full-time yet.

But what he did to go from scraping together $30-80K cash deals to structuring acquisitions with as little as 25% down is what makes this episode worth your time.

Here are some of the highlights from the deep dive:

🔥 The business model everyone in the acquisition world hates that consistently outperforms everything else in his portfolio (he now owns 7 of them)

🔥 How he bought a founder-dependent business, watched it tank, then grew it past its all-time revenue peak with a playbook the original team never considered

🔥 The deal structure that lets him acquire companies with as little as 25% cash upfront, and the one decision from 2022 that made it possible

🔥 Why he's super bearish on the exact business model that earned him his first dollar online, and the single question he now asks before buying anything

And for our audio-only listeners, jump in and listen on Spotify or Apple Podcasts!

Member Spotlight

For those who missed it, we also did an SMB Deal Hunter Pro alumni interview breaking down Cory's acquisition of a $1.85M childcare center in York, PA.

He spends 1-2 hours a week on it and he used the cash flow from the business to buy a 10-acre wedding venue.

Cory spent 13 years managing restaurants. Zero childcare experience. He knew he wanted out but spent two years spinning his wheels before joining Pro.

10 months later, he closed. And he found the deal because of one tactic our team taught him.

But here's the part you need to hear: when Cory found this business, he thought it was locked up. His partner had literally worked there before. The owner was grooming them to take over.

Then she accepted another buyer's offer.

How our team helped him get it back is one of the best parts of this interview.

And when we asked what he valued most about the program:

"Having Bill [one of our M&A Advisors] there anytime, I don't even know what times I was contacting him, but he was so responsive just walking me through anything. That peace of mind was really nice."

- Cory

So, if you want me and my team to work with you to find, finance, and acquire a million-dollar cash-flowing business in the next 6-12 months, you might be interested in the Pro program.

COMMUNITY PERKS

Ready to buy and operate a $1M+ business? Get expert help at every step.

Want to invest passively in SMB acquisitions? Get access to investment opportunities.

Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel

Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.

Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.

THAT’S A WRAP

Want me to interview you for my podcast? Hit reply.

See you next week with some new deals!

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Disclaimer

This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.