He just bought a $3.1M revenue fireplace company. Here’s his story: Meet Kevin. Kevin has a strong sales background but craved something more hands-on. After COVID, he noticed a surge in home improvement projects and decided to dive into the fireplace industry. Kevin started working with acquisitions.com to find the right deal. It wasn’t easy – finding the perfect business took time and persistence. He spoke with countless brokers and owners, perfecting his pitch along the way. He finally closed a deal on a fireplace business with $3.1M in revenue. The negotiation was smooth, with Kevin offering a fair price and structuring the deal with the seller holding back some paper to help with the SBA loan. Why this business? The previous owner was burned out and eager to sell. Kevin saw the potential for growth through improved systems and better leadership. Kevin's strategy? Streamline operations and empower employees to make decisions. He’s introducing new software and processes to boost efficiency and plans to bring in new talent to replace retiring employees. Kevin’s tips: 1. Take action, even if it’s not the perfect deal. 2. Leverage your background and experience to identify and fix issues. 3. Build a strong network of brokers, bankers, and advisors. 4. Stick to a morning routine to stay focused and motivated. Kevin’s journey shows the power of persistence and strategic planning. His transition from sales exec to fireplace business owner is truly inspiring. Want the full story? I just dropped the full interview with Kevin in my newsletter. We touch on: - How Kevin financed his acquisition - How he managed the business transition - The challenges and rewards of his journey - And more. Comment “Kevin” and I’ll send you the link.

You may think it’s something complex. But it’s actually quite straightforward: A construction and design company. Let’s dig into the financials. - Revenue: - Expenses: Total expenses: $4.39M Subtract the expenses from the revenue: 2020: $3.77M - $4.39M = -$620K 2021: $5.93M - $4.39M = $1.54M 2022: $8.54M - $4.39M = $4.15M THIS COMPANY IS KILLING IT. But let’s look the buyout price - Asking price: $4M - Value of saleable inventory: $310K - Value of furniture, fixtures, and equipment: $90K Total investment: $4.4M Let’s compare: Revenue in 2022: $8.54M Expenses in 2022: $4.39M Net profit in 2022: $4.15M Return on investment: 94% UNBELIEVABLE. Here’s the kicker: This business is relocatable, meaning it can be moved to a more strategic location to potentially increase revenue or adjust with the new buyer’s lifestyle. Assuming the new owner implements aggressive marketing and expands the business reach, the revenue could skyrocket. (easier said than done ofcourse) But even a 10% increase in marketing budget could lead to a significant rise in clientele and projects. This is what I love about business: With the right strategy and execution, you can transform this already solid foundation into a powerhouse. The owner is looking to retire, just imagine this business with new energy Like this deal? comment “Construction” below to learn how to get this deal info and others like it every week.