Is it really possible to buy a business with 500K of profit

professional profile

October 12, 2022

by a professional from Bishop's University in Moncton, NB, Canada

What you read about online may not represent the reality of the world.

Future was watching my videos and wanted to know why he only sees complainers online who’ve done bad deals.

Can someone really buy a business with $500K of profits and live happily ever after?

Why does it seem like it doesn’t work for most people?

In this week’s video, I detail if it can be done.

Who’s doing it.

Who’s talking about it.

Who’s not finding them.

Who’s being caught and why.

Check it out in this week’s video: https://youtu.be/dAJVTNZKPG0


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commentor profile
Reply by a professional
from Bishop's University in Moncton, NB, Canada
Hi Alex. I've seen it change by industry. I don't do work with PE investors as buyers, I just hear about it when my clients run into them as acquisition competitors or I talk to brokers who have sold companies to them.

Also, some PE funded searchers are labelled as 'PE' buyers sometimes as well.
Basically, the types of buyers on the scene can change when there is enough cash flow for a real professional manager.
commentor profile
Reply by an intermediary
from New York University in Menlo Park, CA, USA
David, great video. You describe the market dynamics in a clear and straightforward way. Important information and thought process for anyone considering the purchase of a small or medium-sized business. The final part about the illiquidity of business ownership should not be underestimated.
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