Go offline with the Player FM app!
Buying a $1.6m Business for the Inventory Value
Manage episode 513909825 series 2931927
Undeterred by self doubt, Danyelle Nys bought a $400k SDE business at a fantastic price. She's grown it 25% in year one.
Topics in Danyelle’s interview:
- Working in her family’s asphalt business
 - Learning about ETA from a masterclass
 - Hiring a coach for the search process
 - Buying a business for the price of inventory + working capital
 - The seller was running it remotely
 - Raising prices and salaries after acquisition
 - Dealing with an obstinate commercial landlord
 - Moving 14,000 sq ft of inventory to a new warehouse
 - Hiring her mom as the bookkeeper
 - “F*** your mood. Follow the plan.”
 
References and how to contact Danyelle:
- Decorus Home Staging
 - Kyle Boyden & Jake Furfaro on Acquiring Minds: Stacking Small Acquisitions to $5m in Revenue
 
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
 
Learn more about Walker Deibel's done-with-you buy-side advisory:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
 - Connect with host Will Smith on LinkedIn
 - Follow Will on Twitter
 
Edited by Anton Rohozov
Produced by Pam Cameron
408 episodes
Manage episode 513909825 series 2931927
Undeterred by self doubt, Danyelle Nys bought a $400k SDE business at a fantastic price. She's grown it 25% in year one.
Topics in Danyelle’s interview:
- Working in her family’s asphalt business
 - Learning about ETA from a masterclass
 - Hiring a coach for the search process
 - Buying a business for the price of inventory + working capital
 - The seller was running it remotely
 - Raising prices and salaries after acquisition
 - Dealing with an obstinate commercial landlord
 - Moving 14,000 sq ft of inventory to a new warehouse
 - Hiring her mom as the bookkeeper
 - “F*** your mood. Follow the plan.”
 
References and how to contact Danyelle:
- Decorus Home Staging
 - Kyle Boyden & Jake Furfaro on Acquiring Minds: Stacking Small Acquisitions to $5m in Revenue
 
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
 
Learn more about Walker Deibel's done-with-you buy-side advisory:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
 - Connect with host Will Smith on LinkedIn
 - Follow Will on Twitter
 
Edited by Anton Rohozov
Produced by Pam Cameron
408 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.