Financial Enthusiast. Almost Retired. RE Investor 5 Doors
Resolute, Nunavut
Joined April 2022
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About a month ago I did a road trip from Ontario, Canada to British Columbia. I took my kids to Chicfila for the first time in South Bend, Indiana. The franchisee is brand new and this restaurant was spotless, fast and well managed. Well Done!
Paul Britton retweeted
Bigger Deals We’re Looking For Buyers On Right Now!
We have a number of sizable business deals for sale right now on Dealonomy that need a Buyer match.
1. Construction Plumbing in Central TX
Residential Construction Plumbing Company. The highest quality reputation in this space. Great margins due to their quality-first approach. Top tier builders trust them to always get the job done on time with no delays or drama on their builds. Work with Custom Builders and Mid-Size Track Home Builders as well as Institutional Build-to-Rent firms and complete about 1800 houses a year in and around San Antonio, Austin, and the TX Hill Country primarily. Great management team in place and room to expand at their new facility which has a large office and supply warehouse on site.
Revenue: $20.3M
Adj EBITDA: $4.3M
Valuation Range: $16.-20M
2. Nutritional Supplements Company (B2B)
Highest quality all natural plant-based supplements being sold through a network of Doctor and Chiropractic Offices Nationwide that reorder year after year. Owner is a renowned health expert in his 70’s seeking to transition to full-time ministry work. He’s been part-time for years now with trained leadership and sales staff in place that has allowed him to travel the world with light oversight for the last few years, but it’s time to pass the baton. Great for a Buyer with experience leading a B2B sales team. Product is white label manufactured in the USA and easily scales with no Capex needs to meet your sales volume. Lots of upside for an owner that knows B2B sales, and/or wants to add B2C sales as well. Can be owned from anywhere. Team is remote/distributed.
Revenue: $5.54M (growing double digits annually)
SDE: $2.11M
Valuation Range: Accepting Offers but our research is showing similar comps trading in the 6-8X range
3. Siding and Gutters Sales and Installation in Illinois
Longstanding multi-generation family business trusted as the go-to by major homebuilders in the Midwest for all their siding, soffits, and gutter needs on new construction residential housing. Averaging 1,700 houses per year right now. No consumer-facing website means you can grow by doing more work for more builders B2B growth-style, AND/OR you could launch a consumer brand and use the team to install replacement siding and gutters to your heart’s content as well with pricing that would be hard for the small players to beat because the pricing control and volume this company enjoys.
Revenue: $15.92M
EBITDA: $2.3M
Valuation Range: $9.5-12 M
4. Equipment Rental Company in the Chicago area
Recurring revenue. The one-stop shop for construction contractors in the Midwest to be able to rent dumpsters, road barricades, temporary fencing, ports potties, etc. B2B sales with repeat customers. Built to sell by a Serial Entrepreneur with perfectly organized books so you can evaluate each business division (dumpsters, potties, etc) on their own P&L, with their own division leader and team. Lots of equipment conveys all in good shape, with late model trucks included, great branding, websites, systems, well-trained personnel, etc. This one checks all the boxes most Buyers are looking for and is SBA eligible.
Revenue: $4.56M
SDE: $1.26M
Valuation Range: $4.2-5.9 M
5. Landscaping Company in DFW
Serving mostly Commercial and Municipal clients, with some high-end residential install and maintenance as well, this landscaping company is elite (think great branding, high-end customers, can land large jobs, and landscapers show up on time wearing crisp polo shirts and get the work done properly). Purchased from original owner a few years ago by savvy operators, this business has been proven durable as it’s grown and been upgraded and refined. It has great systems, people, and processes in place and is poised for additional growth in a fast growing part of the DFW metroplex. SBA eligible.
Revenue: $3.2M
SDE: $906K
Valuation Range: $3-3.5 M
6. Trailer Dealership in Kansas City area
Established family business that does great sales volume of mostly work and utility trailers sourced from several different manufacturers. They move ~1100 units annually and have a great high visibility location and 7 experienced employees. Over 50 years in business. SBA eligible.
Revenue: $11.3M
SDE: $1.05-$1.85M last 3 years (AVG $1.2M)
Valuation Range: $5-7 M (includes ~$2M in new, owned inventory at cost)
7. COMING SOON- Roofing Company in the St. Louis area doing $16M Revenue and $4.9M EBITDA. Launches next week with full details to well qualified Buyers only.
8. COMING SOON- Trailer Manufacturing Company in Florida doing $4.8M Revenue and $748K SDE.
All are on Dealonomy and live up to our “Good Deals Only” promise which means they have great, motivated Sellers at Realistic Valuation Ranges and should be bankable deals with clean financials. Feel free to share this post or tag someone if you know a Buyer that might have their dream business on this list. Thanks!
Paul Britton retweeted
This isn’t leadership. This is what vacationers do when they go to the Maritimes. Goof around and pretend to be fishermen.
Who are these videos for?
Paul Britton retweeted
🚨 New Deal Alert: Midwest Trailer Dealership.
$11.4M revenue.
$1.2M SDE.
30+ years in business.
SBA eligible. Some Seller financing available.
Family business that mainly sells utility trailers with good reputation. Sales and Service revenue.
Accepting offers in the $5-7M range and that will include acres of new inventory worth $1-2M at cost. Inventory turns over ~6X year. They do a brisk business!
Link in comments to sign NDA and learn all about it.
This is Genius.
Hiring a Private Chef could net you 100k this year
Here's how my wife and I are doing it
Cost:
We agreed to pay 250 a week, which includes groceries
That puts us at 13,000 a year
We were already spending at least $100 a week for groceries so true cost puts us at
7800 a year
Savings:
Currently my wife and I eat out an average of 8-10 times a week (4-5 times each)
Realistically we think this will take that number down to 2-4 times a week
6 meals a week at 20 dollar a meal puts us at $120 a week
Saving us $6240 a year
Which takes our true cost down to $1560 a year
Time saved:
By taking this off of our plates we are saving hours a week
We calculated 2 hours a week for grocery shopping
30 minutes a day for having to go buy lunch
90 minutes a day for food prep and cooking dinner
That comes out to about:
12 hours a week for my wife
6 hours a week for me
Even without the financial component this is an easy decision
$1600 a year to get back 18 hours a week, I value our time much more than that
Reinvest time:
My wife's income is much easier to calculate because she has an hourly rate (about $100 an hour)
If she simply does her job instead of doing what she's currently doing (she enjoys her job more I might add) that will put an extra $62,400 in our pocket
This doesn't account for performance bonuses which she receives based on number of patients etc
We expect she will be able to see and extra 25 patients a week, or 100 patients a month, which will result in a 1500 a month bonus (on the low end) so that brings our total to $80,400 on my wife's reinvested time
I unlike my wife, don't get paid by the hour
However we will calculate my time at 75 an hour to be conservative
At 6 hours a week this put my extra earning at 23,400 a year
Putting our joint total at $103,800
Conclusion
After we deduct our true costs this puts our total at $102,240
Thats how hiring a private chef will make me at least 100k this year
I bet we will make much more
Oh I forgot to mention, she’s cleans our house once a week as well
Should you hire a private chef?
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Paul Britton retweeted
I spent a bit of time researching all his policies, so please:
1. follow me @money_cruncher
2. retweet the first tweet
Paul Britton retweeted
Warning:
The economy is going to drop. Houses prices will fall. Rents may not climb anymore - they may even go down! There may be fewer jobs! More evictions! Harder financing options!
Paul Britton retweeted
There is a proven playbook to grow companies.
The best entrepreneurs have a series of plays they run to print money. What tools to use, agencies to hire, strategies to employ.
Here is the exact 12 step strategy I've used to grow 3+ companies to millions in annual profit:
#1 - New logo with 99 designs. It costs $299 and is good enough for me.
#2 - New website by webrun.com. They've built 5 of my websites.
Whoever you chose, make sure it is SEO optimized and has landing pages for each of your services and each location.
KEEP IT SIMPLE.
A person who knows nothing about your business should be able to become your customer in 5 minutes or less.
#3 - Overseas talent hired through supportshepherd.com.
$5 an hour can get you an excellent back office employee. Game changer.
80% of my employees at a SELF STORAGE company are overseas. From management to financial underwriting to customer service.
You would be surprised how much can be managed and done from afar.
#4 - A Google Business profile you check and post on every single day. And you get all of your customers to write you a review.
This is a game changer as well and low hanging fruit.
#5 - Google ads running with adrhino.com.
Make sure you hire a company that can setup Google Analytics 4 and track how the ads convert to customers.
You should get an ad spend amount per customer acquired so you can track profitability.
#6 - Link building plan to increase domain authority and Google ranking with boldseo.com.
The website structured correctly, content and these links are what will work for you.
Make sure to do "citations" as well with your name, address, phone number that list your company on all the directory sites like Yelp, Angies list, Yellow pages and more.
#7 - Make sure to get a premium .com domain for a few thousand bucks with less than 13 characters.
English words. Not .co. Not .net. Not .io.
People invest thousands into their business but make due with a $19 domain wit hyphens. Makes no sense.
#8 - Online banking with relayFi or Mercury. It is easy to send money and get cards for all your employees.
Don't accept cash or check. It is a waste of time and money. And people will steal it.
#9 - An online software to run your business. Jobber or another one like it.
A customer should be able to log in and pay an invoice in 2 minutes.
And you should be able to send them a professional invoice and take auto-payment for services.
#10 - Payroll tools like Deel (international) and Gusto make it super easy to run payroll.
#11 - Bookkeeping and tax returns through BetterBookkeeping.com.
I use them and they are awesome. Send monthly reports and prep tax returns.
#12 - Slack for communication. Loom for sharing training videos. Avoma for recording meetings. Notion for recording information and organizing data.
It’s a cheat code to have these vendors to amplify my companies.
(I’m a partner in several of these companies - you don't need to use the exact ones I mention - just hire somebody good)
What do you have in your tech stack that I’m missing?
What tools do you love that I didn't share?
If you found this helpful - give me a retweet or a comment - it helps me spread the word!
Paul Britton retweeted
Met at fincon 2 years ago
Love his podcast & positivity
Give him a follow if you need some positivity on your X feed ✨️
Paul Britton retweeted
News Release - Missing Person, Simcoe Street North and Adelaide Avenue West area in Oshawa
tps.to/60110
