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Dec 2022
1h 27m

Dream Fulfilled: Buying a $2m, 50-Year-O...

Will Smith
About this episode

When Fraser Voll first learned about buying businesses, he couldn't stop reading about it. That passion paid dividends. 

Topics in Fraser's interview:

  • What working for a boutique M&A advisory taught him about buying businesses
  • Anatomy of a self-funded search deal WITHOUT an SBA loan
  • How to get a good multiple (3x) on a $600-800k EBITDA business
  • What Fraser bought: revenue, margins, price, terms, etc.
  • Getting comfortable with high customer concentration
  • How to de-risk buying a business whose revenue doubled in prior 2 years
  • How to structure an earnout
  • Janitorial industry: how to achieve high margins, retain labor, and more
  • Search in Canada
  • Why small business became more attractive than software

Links & how to reach Fraser:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

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