Acquiring Minds

Surviving the Nightmare: Sales Plunge 95%

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May 11, 2023
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ANECDOTE

Direct Mail Found The Deal

  • Jesse found ABG Print after sending a direct-mail flyer early in his search campaign and nearly forgot about it.
  • A broker called 1.5 years later with the business because the flyer had been left on his desk.
ADVICE

Choose Simplicity In Deal Structure

  • Keep deal structure simple when possible; avoid complex seller debt and earn-outs that complicate SBA 7A financing.
  • Lowering purchase price can be cleaner than loading short-term seller debt that worsens debt-to-EBITDA.
INSIGHT

Small Fixes Yield Big Returns

  • Early operational fixes reveal hidden value and can quickly lift revenue.
  • Small fixes like expanding AdWords targeting yielded a 25–30% uplift in Jesse's first nine months.
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