Business Exit Stories
Latest Episodes
How A Business Went From $50 Million In Sales To Ceasing Operations And Still Got Sold.
Why working capital requirements can often be used strategically by buyers as they are designed to reduce the effective sales price of a business. Unaware sellers can be surprised when they end up wit
How A Tax Plan Can Save Millions In A Business Sale
Although a comprehensive tax plan was painstakingly crafted and designed, a client went dark for nearly nine months. Less than a week before the sale was to take place the client called and asked if e
How A Nearly Impossible To Sell Business Sold Quickly For Double Its Value
A transactional story of an infrastructure construction company that was equipment intensive and had accumulated nearly five times more equipment on the books than it needed. While the company has str
How an Entrepreneur Was Able to Jack Up Profits Only to Be Sued After the Business Sold
A commercial janitorial business dramatically increased their gross margins and profitability the year before it sold. However, the source of the profits wasn’t from excellent execution or dramaticall
How to Make a $28M Highly Profitable Company Worth Nothing and Unsaleable in One Easy Step
A highly profitable business services company that has five highly qualified partners in the business handling the key functions of the company. These partners were committed to the business and worked 70-80 hrs. a week for years.
How Holding on to Your Business Too Long and Not Selling Can Cost Millions
Why the FBI, DEA, and state regulatory agencies descended on a business and why this didn’t bother the right buyer. How the wrong business intermediary can create mistrust and derail a deal in the blink of an eye,
50/50 Is Not Always Nifty – Partnerships That Don’t Work
A family operation with three kids never had a disagreement while mom, the matriarch of the family, was around. However, when she unexpectedly passed away, the kids spent the next 10 yrs. and $5M in legal fees trying to sort out their differences.
How a Competitor’s Business Card Dramatically Increased the Value of an Acquisition
A business card in a shirt pocket that was visible to others, helped dramatically increase the value of a deal when one of the buyer’s realized that their major competitor was bidding on their deal. Within 24 hours after they realized this,
How a 4th Generation Business Doubled Their Sales After It Was Sold
A 4th generation business started in the 1890’s. As you listen to this deal story you will learn how the new owner was able to double the business in less than a year. A lower valuation on a business appraisal can dramatically change the economics of ...
From Flying High to Bankruptcy to a Successful Exit
A family run business with decades of a history with an elite clientele that provided cleaning concierge service for Broadway theaters by cleaning stage garments and costumes for all of the theaters in the Broadway Theater district.