I chatted with Steve Keller, who bought two crime scene cleanup companies and sold them for $5.8 million in less than a year. This is one of the most unique business models I've ever seen, and Steve gave me a masterclass on margins, challenges, and how to run a crime scene cleanup business. 1:28 Working as a sports cameraman 3:40 Buying the first business 8:01 The second and larger business 10:09 Running the new business 22:03 How he financed the purchases 26:30 Red flags to watch for ...
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I chatted with Steve Keller, who bought two crime scene cleanup companies and sold them for $5.8 million in less than a year. This is one of the most unique business models I've ever seen, and Steve gave me a masterclass on margins, challenges, and how to run a crime scene cleanup business. 1:28 Working as a sports cameraman 3:40 Buying the first business 8:01 The second and larger business 10:09 Running the new business 22:03 How he financed the purchases 26:30 Red flags to watch for ...
He Bought a $1.2 Million Accounting Firm And Then Tripled It - Patrick Dichter
Business Buying Academy
38 minutes
3 months ago
He Bought a $1.2 Million Accounting Firm And Then Tripled It - Patrick Dichter
I chatted with Patrick Dichter, owner of Appletree. He walked me through how he purchased his first business, an accounting firm, for $1.3 million, and how he acquired 2 more tuck-in business acquisitions. We go over the wins, like how he's grown topline by 3.5x, and the losses, like how he lost 40% of revenue in one day on one of those tuck-in acquisitions. Patrick also helps business buyers evaluate the quality of earnings in businesses they're looking at, so he gave us some helpful advice...
Business Buying Academy
I chatted with Steve Keller, who bought two crime scene cleanup companies and sold them for $5.8 million in less than a year. This is one of the most unique business models I've ever seen, and Steve gave me a masterclass on margins, challenges, and how to run a crime scene cleanup business. 1:28 Working as a sports cameraman 3:40 Buying the first business 8:01 The second and larger business 10:09 Running the new business 22:03 How he financed the purchases 26:30 Red flags to watch for ...
