Enduringly Profitable
Strong Customer Relationships
Great Team
Few of the criteria I'm looking for in a business are absolute.
If your business has some or more of the attributes listed below - especially if it's a veteran-owned small business, government services provider, or niche manufacturing company - I'd love to chat with you.
Enduring Business
>5 years of operations (the longer, the better)
Several years of stable profits
(no “turnaround” situations)Predictable earnings year after year; stable performance during good and bad economic times
Strong Customer and Employee Relationships
Trends of repeat business and/or long-standing customer relationships
Varied customer base; low customer concentration
Strong employee retention; long employee tenure
Transition Readiness
Owners excited about selling 100% of the business to a committed and capable buyer, and care deeply about the future success of the company
Owner available to provide the temporary hands-on support necessary for a successful transition
Financial Criteria
Revenues between $3M and $35M
>$750K of annual pre-tax profits
Stable, predictable cash flows
Low to medium capital requirements (facilities, equipment, working capital, etc.)