This Week’s Breakdown (in 10 Seconds):
Paul spent 2.5 years in public accounting, then nearly a decade in corporate finance through the 90s telecom boom.
When his wife got pregnant with their second child, he left corporate to buy a business so she could stay home.
That meant selling the Lexus, downsizing from a $450K to $220K house, and betting $45K down on a flooring shop he knew nothing about.
He's already bought 12 businesses over the last 25 years
And the better his businesses got, the less he wanted to sell them. The reason flips how most buyers think about their exit.
One of them could sell to PE for up to $18M, but his strategy is the exact reason he holds on to all of his cash cows.
Next up: he's setting up all five of his kids to run the exact same play.
And for our audio-only listeners, jump in and listen on Spotify or Apple Podcasts!
Member Spotlight
From AI Layoff to $4.5M Business With ONLY 5% Down
For those who missed it, we also did an SMB Deal Hunter Pro alumni interview breaking down Jeremy’s acquisition of a $4.5M home automation business in Tampa with ONLY 5% down.
The business cash flows $1.32M a year.
Jeremy spent his career at Amazon, Xerox, Toyota, and helping grow two companies from under $4M to nearly $90M combined. He decided he wanted to build something for himself.
So he joined the Pro program. A few months in, he found his deal.
The result?
🔥 He bought a $4.5M business with ONLY 5% down by getting the seller to accept a 10-year standby on one of three seller notes
🔥 He beat four private equity firms to win it, even though he came in $1.5M under the highest offer
🔥 He closed three weeks after his entire division got laid off
He spent his career building other people's companies. Now he runs the dominant home automation business in Tampa.
"There's no way I do this on my own. You can think you're going to use AI. I came from two AI companies. I'm an early adopter. I know how to use it, know how to max it. It's just so much faster and easier and smarter to work with a group."
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.
P.S. When we asked Jeremy what searching for a business felt like before he joined Pro, he said it gave him "imposter syndrome times a thousand." Three weeks after losing his job, he closed on a $4.5M business cash flowing $1.32M a year. That's what the right team does. 👉 Book a call here.
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!
-Helen Guo
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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.