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New Podcast: He Left Corporate to Buy a Pallet Company. Then He Doubled It.

An interview with Michael Kelker

Hello SMB Deal Hunters!

I’m excited to share a new interview with Michael Kelker, a former corporate exec who spent 15 years in the aviation manufacturing industry before leaving to buy Timberline Pallet, a custom pallet and crating company in the Quad Cities.

With no prior experience in pallets, Michael stepped in as an owner-operator, doubled the business in five years, and grew the team from 15 to 27 employees.

We dive into what it’s really like to run a blue-collar business, team building, why he says he’s “not a good employee anymore," and how he’s building a legacy business for his daughters (GBR Riverdale is named after them).

COMMUNITY WINS

Here’s what one SMB Deal Hunter Pro member shared this past week:

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?

👉 Learn More and Book A Call

INTERVIEW

This episode is packed with actionable insights for aspiring business buyers, owner-operators, and anyone exploring blue-collar acquisitions. We dive into:

  • Why Michael passed on bigger $2–$4M EBITDA deals to retain control and move fast

  • The unique characteristics of the custom pallet industry and how he carved out margin

  • How he financed the $2.1M deal with an SBA 7(a) loan and investors

  • What changes he made on Day 3 to drive operational improvements and eventually double the business

  • Why lumber price volatility caught him off guard (and how he managed through it)

  • His lessons from hiring, systemizing, and staying local with long-term hold intent

  • How Timberline Pallet grew during COVID while others collapsed

  • The value of consistent quality and customer service in a commoditized industry

  • What he looks for during diligence, especially outside his own industry experience

  • Why he’s happier (and more fulfilled) as an owner than he ever was in corporate

And more!

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 tomorrow 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.