In this episode of Acquisitions Anonymous, Bill, Heather, and Michael review an e-commerce deal that had been on the pod before.
The business had been around for 15 years, making $4.7 million in revenue with a 20% profit margin. The hosts viewed it as a stable opportunity for someone with the right expertise to take over and potentially explore growth opportunities. The business was listed at a reasonable multiple, reflecting the current state of the e-commerce market.
Today's listing is found on Quietlight:
Quiet Light is a business brokerage firm that helps entrepreneurs buy, value, and sell online businesses. Every Advisor on the team has built, bought, or sold their own online business and is committed to providing relentlessly honest advice and personalized recommendations to help owners succeed. Because they’re entrepreneurs themselves, they don’t only understand how businesses operate but also what it’s truly like to be in your shoes as an owner. With their proven, hands-on process, they’ve accompanied countless others along their buying and selling journeys.
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
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Check out Girdley's new course, How to find a great business to buy. It's chock-full of insights and is perfect for listeners of AA who are looking to start their own search!
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