09 Sep The Deal Board Podcast: Private Equity: Selling a Business in Pandemic Times
Andy and Jessica are touching a very recurrent topic: Private Equity. Many sellers are asking questions such as: – What is it like to sell through private equity? – What is private equity looking for? – How do I attract a private equity buyer? Two experts are bringing the answers to these questions, Rob Mossman from Spur Acquisitions in Colorado and Kyle Madden from KLH Capital in Florida. Not all private equity is alike, and you are going to hear about this in today’s episode. Listing of the week: Dustin Audet (Rocky Mountain) is selling a pool installation company located in Colorado. They are installing 50 pools at an average price of $110,000. $5 million in total sales. Net Profit: $40,000 per pool. Price: $2.2 million. An ideal buyer is a businessman that sees the opportunity! Email Dustin at firstname.lastname@example.org.