Acquiring Minds Hiding in Plain Sight on BizBuySell: $800k SDE for 2x
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Apr 21, 2025 Joe Ziolkowski, an entrepreneur who transitioned from real estate to business acquisitions, shares his journey of securing an $800k restoration company and a wood veneer manufacturing business. He discusses the importance of expanding search filters on BizBuySell to find lucrative deals. Joe shares lessons from hiring challenges, the complexities of cash flow management in the restoration industry, and strategies for selling businesses quickly at a profit. He emphasizes the significance of employee welfare during acquisitions and the value of mentorship for success.
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Real Estate Success with Cash Flow Limits
- Joe Ziolkowski and his college roommate built a real estate portfolio of 130 rental units in two years.
- Despite the size, their monthly cash flow was only about $5,000 each, which led to reconsideration of their strategy.
Look Beyond Fresh Listings
- Searching for businesses should include older listings, not just fresh ones.
- Relaxing filters can reveal valuable hidden deals that others overlook.
Restoration Franchise Deal Story
- Joe acquired two restoration franchise territories in Florida for $515,000, expecting around $350,000-$400,000 SDE.
- The franchise was divesting corporate-owned locations to focus on franchising growth.