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The Secrets to Selling Your Home Improvement Business | Brian Gottlieb
Manage episode 393974964 series 3292047
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EPISODE 201: Many people in the home improvement business dream of selling their company and retiring off into the sunset.
But in order to get the exit of your dreams, you have to first make sure your business is saleable and attractive to potential buyers.
To discuss this in more depth, I’ve invited an expert to this week’s episode – and you might already know him!
His name is Brian Gottlieb, and if you’ve been listening to the podcast, then you know this isn’t his first rodeo.
Brian has over a decade of experience in the home improvement industry. Throughout the years, he’s sold three businesses and acquired a few, which means he’s been on both sides of the equation, and that gives him an incredible insight on the subject.
In this episode, Brian and I discuss what parties might buy your home improvement business, what metrics and documents you’ll need to have prepared, the process to expect when being approached, how much you can expect to make from selling, what can kill a deal, and so much more!
Are you ready to learn more?
Tune in now.
Key Takeaways:
Introduction (00:00)
Meet Brian (01:13)
What are buyers looking for? (05:34)
Let’s talk about cash flow (07:19)
The pitch deck (12:42)
What comes after due diligence? (23:20)
Learning how to be a rich person after selling (27:29)
Additional Resources:
🔥 Use code “WEALTHY24” to get $100 off on your ticket to Accelerate LIVE!:
https://www.accelerateevent.com/
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⚡ Brian’s book, The 7 Secrets To Becoming A Wealthy Contractor, is now available. Visit https://www.TheWealthyContractor.com/ for a free copy (just pay shipping).
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The Wealthy Contractor is a podcast for home improvement professionals who want to grow their business, work less, and make more money. Follow us for more!
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