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Ep 30: Secrets From a Former Business Broker- Rob Goddard

Buy and Build

CHAPTER

How to Sell a Business

I saw on social media that in between deadlifting 130 kilograms, you are now advising and mentoring other businesses whether they want to scale up or sell. It's 135 kilos on a deadlift. 220 on a leg press. Oh, very good. That's good going. I have to because I'm old and fat. Yeah, well, if a good intermediary can get you, I think you said 9.6 times, was the average and 40 to 50% increase in price because of their competitive tension, then essentially you could argue that the fee pays for itself,. probably even over and above. But also, no acquirer or investor is going to pay 9 times earnings unless

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