Raising Prices post-closing

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from The University of Chicago - Booth School of Business
in Chicago, IL, USA

1yr ago

Raising Prices post-closing

I'm far along on two separate deals, and in both cases, it's clear that their prices are below market. For example, I secret-shopped one service, and the target co prices are 10-20% below peers. It makes more sense when talking to the owner, too.

Has anyone purchased a business like this, and what's your experience raising prices (or attempting to raise prices) post-closing? I'm not naive enough to think I can just put through a 10%+ increase and keep it all on day 1...

1 Like

457 Views

reply by an investor 1yr ago
from Binghamton University, State University of New York in Vestal, NY 13850, USA

We do this in our apartment business all the time. Customers or in our case renters know when they are getting a good deal. Many are aware that with a new owner prices will likely increase. We make sure we are fair in our pricing and still stay below the market price so that the renter or customer stays happy and is still getting a great value even at the higher price. We also typically provide a higher level of customer service than the last landlord.

reply by a searcher 1yr ago
from Northwestern University in Chicago, IL, USA

I have always supported keeping things thesame for at least 6 months before making changes. If the business is currently profitable, why make early changes? If it is not broken they say