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New Podcast: How This Former Gym Franchisee Pivoted Into Online Business Acquisitions

An interview with Sebastian Gast

Today's Sponsor

Hello SMB Deal Hunters!

I’m excited to share a new interview with Sebastian Gast, a former gym franchisee who pivoted into online business acquisitions.

Sebastian acquired a fitness job board a year ago and just acquired an app-based SaaS platform a month ago.

He also previously joined a search-fund acquired company in the oil and gas services space that exited to PE.

Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers.

WORK WITH ME

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? Apply to join SMB Deal Hunter Pro.

Here's what one member shared this past week:

INTERVIEW

In the interview with Sebastian, we discuss:

  • What it’s like working for a search-fund acquired company that 2-3x-ed in just a few years

  • Why opening a new franchise location is like starting a business from scratch

  • The challenging labor model with brick-and-mortar gyms

  • Sebastian’s thesis around buying sub $100K businesses and how it's panned out

  • Buying from a company that manages a portfolio of online businesses that wanted to divest

  • The reality behind overnight-success online businesses for sale

  • Why online businesses don’t need to grow linearly

  • And more!

PRESENTED BY SMB DILIGENCE

Here’s Why You Shouldn’t Skip Due Diligence…

A friend of mine put a business under LOI and asked me for my advice.

I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.

Turns out their EBITDA was off by 2x 😳

SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.

Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).

COMMUNITY PERKS

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!

P.S. I'd love your feedback. Tap the poll below or reply to this email.

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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.