How to Buy a $2m Dying Business Then Sell It for 5X
Acquiring Minds
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How Much Business Was Your Business Doing When You Acquired It?
Gro: The business would do, it about seven million when we, when we bought it, doing, we boter for a kind of low, low setens. Ok, again, theowe, we've more than doubled off that, off that base that we expected to opposite. We decline based on uo th of three to six months ofa bed piping o being in a poor business, plus a transition. But then doubled off that and not only we were able to expand margin so now now we're in a product, in a channel that we have a unique product," Gro says.
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