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BizBuySell

where he found acquisition targets

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Story

From failed VC startup to buying an office plant company on BizBuySell

After his venture-backed startup failed, Nick went browsing BizBuySell the way people browse Zillow and bought an office plant company with an SBA loan in 2017. He and his partner have since made 14 acquisitions on that platform, which now does about $10M in revenue and a little over $2M in EBITDA.

“That was a failed venture-backed startup. There's got to be an easier way to make money sitting on my couch cruising BizBuySell in the way that a lot of people do with Zillow instead of—”

Steal thisBrowse business-for-sale listings like real estate listings; a boring cash-flowing service business bought with an SBA loan can be a platform for add-on acquisitions.

EP 853 · 3:58 · NICK
Read at 3:58
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