

From Layoff With a Newborn to a $1.9M Northern Lights Company in 12 Months After Finding The Perfect Business Partner
Oct 7, 2025
Discover how a laid-off dad transformed adversity into opportunity by acquiring a $1.9M Northern Lights tour business in just 12 months! Hear about the challenges of tough negotiations, securing financing, and finding the perfect business partner. Learn about the innovative deal flow system utilizing virtual assistants and the critical importance of complementary skills in partnerships. Kyle shares tactical advice for aspiring entrepreneurs, emphasizing the need to listen, adapt, and prioritize growth strategies in a new venture.
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Layoff Triggered A Fast Pivot
- Kyle got laid off two days after returning from paternity leave and decided to pursue entrepreneurship full time instead of finding a new job.
- Within 12 months he and Ashley closed on a $1.9M Alaska tourism company offering Northern Lights and Arctic Circle tours.
Deal Economics And Financing Mix
- The purchase price was $1.9M on ~$1.3M revenue and just over $500K SDE, which fit their cashflow goals and left upside.
- They combined SBA debt, seller financing, and a down payment to make the deal work.
Build A Repeatable Deal Sourcing System
- Build a system to source deals: a VA collects listings into a spreadsheet and you underwrite and call brokers.
- Screen hundreds of deals quickly then dig deep into the 10–15 that pass the sniff test.