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Buying a $1.6m Business for the Inventory Value

Buying a $1.6m Business for the Inventory Value

Published 11 months, 1 week ago
Description

Undeterred by self doubt, Danyelle Nys bought a $400k SDE business at a fantastic price. She's grown it 25% in year one.

Topics in Danyelle’s interview:

  • Working in her family’s asphalt business
  • Learning about ETA from a masterclass
  • Hiring a coach for the search process
  • Buying a business for the price of inventory + working capital
  • The seller was running it remotely
  • Raising prices and salaries after acquisition
  • Dealing with an obstinate commercial landlord
  • Moving 14,000 sq ft of inventory to a new warehouse
  • Hiring her mom as the bookkeeper
  • “F*** your mood. Follow the plan.”

References and how to contact Danyelle:

Get a complimentary IT audit of your target business:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

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