Investment Criteria
What we look for:
EBITDA: $500K-$2MM
Transaction Types: Majority Buy-out
Industries: Industry agnostic, however, I have a preference for Home & Business Service Businesses (e.g., HVAC, Plumbing, Septic, Property Management, Pest Control, Self Storage, etc.)
Location: Birmingham, AL or surrounding areas
Reason for Sale: First Generation Owner/Operator. I prefer businesses where the owner is retiring or seeking to exit the industry while leaving their legacy intact
Transferability: Business should have well-documented processes, trained employees, and minimal reliance on the current owner's day-to-day involvement. Smooth transition of ownership is essential
Price Range: Depends on EBITDA, but up to $5MM if business is creditworthy
The above are general guidelines I use to evaluate potential deals.