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  • 🎙️He put $20K down. PE paid him $5.5M months later.

🎙️He put $20K down. PE paid him $5.5M months later.

Hello SMB Deal Hunters!

Steve Keller bought a crime scene cleanup business in Florida for $1.3M.

A few months later, he sold it to a private equity firm for $5.8M.

That’s more than a 4x return in a few months.

Oh, and he only brought $20,000 of his own money to the closing table on that $1.3M deal.

He only ever visited the site in Florida 3-4 times, and managed it remotely from his home in Dallas.

But how? Was Steve a business acquisition expert? Not even close.

Steve is a former sports TV camera guy. No business degree or finance background. He spent a decade carrying heavy camera equipment at NFL games and PGA majors.

Here's what makes this episode worth watching...

🔥 The creative deal structure that let him buy a $1.3M business with $20K out of pocket (that’s less than 2% down)

🔥 The one billing change that nearly doubled revenue overnight and put him on PE's radar within months

🔥 How he learned about the $5M in SBA borrowing power that most people have access to (but very few people use)

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 Paul’s acquisition of a $1.8M window installation business.

Paul spent 22 years in transportation logistics, the last 10 in the C-suite. He'd helped one company exit and was working on another.

At that point, he decided he wanted to explore buying a business of his own.

So, he tried going it alone for 4 months.

Scrolling BizBuySell. Cold emailing brokers. Reviewing CIMs he couldn't properly evaluate.

Getting nowhere.

Then, he joined SMB Deal Hunter Pro.

The result? He bought a…

🔥 $1.8M window installation business in Chicago

🔥 $583K in owner earnings

🔥 10% equity down, 35% seller financing on a 2-year standby, rest through SBA

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.