Buying a $1.6m Business for the Inventory Value

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:

• LinkedIn
• 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 nick@inzotechnologies.com, and tell him you’re a searcher

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

• The Acquisition Lab

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

• Pioneer Capital Advisory

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