FAQ

Can you buy my business?

Yes. I have financial backing. The terms of sale will depend on our discussions, but unlike many private equity firms, I report to no investor committee and have the flexibility to close a purchase with certainty and speed. You can be sure that the purchase will not “die in committee.”

Does my business qualify?

I am open to many types of businesses but have several strict requirements.

  • Your business must be primarily located in the states of TN, KY, NC, or SC.

  • Your business earns $750k to $3m in annual pre-tax operating profits or EBITDA (inclusive of owner's salary)

  • You should have repeat customers as a large source of your revenue (no one-time project businesses).

  • Your business must be healthy and stable.

If you aren’t 100% certain whether your business meets these requirements, I invite you to reach out. A phone call can quickly identify whether your business would qualify.

Are you a private equity firm?

No. Private equity firms are professional investors who seek to buy and grow businesses through cost-cutting and “rolling up” similar firms, with the goal of selling the business in 5-8 years. I am a single individual, committed to owning and operating one business for a long time.

Can you run my business?

I am not the right leader for every business, but I may be the right leader for your business. If you are looking to retire but don’t have a succession plan in place, a phone call is a low commitment to explore whether it would make sense to sell me your business.

I have the leadership ability and experience to run your business with integrity and energy. Additionally, I would have you stay onboard as an advisor for up to 6 months after the sale, to ensure a smooth transition.

How long will the process take?

It depends on the complexity of your business and how clean the financials are, but typically the sale process will take 4 to 6 months, followed by you staying on board in an advisory role for up to 6 more months, to ensure a smooth transition.

Many owners do not realize how difficult the sale process can be and wait too long to explore this option. Unfortunately, most small businesses are forced to shutter their doors when the owner retires.

When will you send me an offer?

Selling your business starts with a low commitment: a phone call.

I’d first like to learn more about you and your goals, values, and expectations. I’m not just interested in the financials, but want to understand the legacy you’ve built, and whether I’m the right person for your business.

If it seems like we’re a match, I will send you a Non-Disclosure Agreement to protect your information and ask for some basic financial information, such as three years of tax returns.

My goal is to send you a non-binding offer as soon as I can, so that we can agree on the terms of purchase before conducting deeper diligence.

What happens after the offer?

As soon as I have made you an offer, we will work together to set a timeline and determine the information needed to bring the deal to Closing.

Selling a business is never easy, but with me you can expect a responsive, professional process. Together, we’ll set the timeline and lay out all the information and documents needed.

My commitment to you is that I will be responsive, transparent, and keep the process moving forward.

Our mutual goal is to cross the finish line at Closing Day as smoothly as possible. Afterwards, I will ask you to remain onboard for up to 6 months as an advisor, so you can be sure that your business is transferred into capable hands.

What happens after sale?

My goal is to move to where your business is located and own/operate the business for a long time. I am interested in taking a healthy business and building on that solid foundation through improving sales and service, while taking care of your employees and customers.

Unlike many other buyers, I am not interested in cost-cutting or financial engineering. After sale, you will stay onboard as an advisor for up to 6 months, to ensure a smooth transition.

I will spend the early days and months learning the day-to-day operations of your business from you and your team, so that the legacy of your business can be ensured.