Business Wanted
Seeking an enduringly profitable business to build upon the existing legacy and success
We are actively seeking to purchase an existing, enduringly profitable business with sustainable operations, that presents opportunities for growth and improvement, with strong competitive positioning.
Summarized Target Business Criteria
- 15+ years in operation
-
$1M-$2M in Annual Revenue
- 5-25 employees
-
5+ years of profitability
-
$250k+ Annual Cashflow
-
1-2 managers
Additional Detail on Desired Attributes of Target Company
INDUSTRY: Established, profitable companies that create products and/or value-added services. 5+ years of profitability and opportunity for growth are more important than specific industry.
SIZE: Annual revenue between $750,000 and $2,000,000 with annual cashflow between $250,000 and $350,000.
LOCATION: Minnesota or Wisconsin.
MANAGEMENT: No major changes to staff desired. Preference for experienced management team in place who want to grow with the company.
TRANSITION: Mutually agreeable process that enables a smooth transition and benefits the seller, buyer, employees, customers and vendors.
FINANCING: Substantial downpayment of personal funds with balance financed through acquisition loan and/or seller financing. Additional investor funds accessible.
Established
business
15+ years in operation. Owned and operated by a long-term owner.
Enduring
profitability
5+ years of consistent profitability.Consistent
growth
5+% annual growth in revenue.
Diversified
customers
Returning customers, with minimal centralization (No customer contributes over 20% of annual revenues).