Investment Criteria
Revenue
$150K - $5M
$50K - $500K
EBITDA / Cash Flow
Purchase Price
$100K - $1.5M
Equity Investment
$50K - $250K
Free Cash Flow Valuation
2-5x
Deal Sourcing
Small M&A Advisory Firms
Proprietary Outreach
Business Brokers
Illinois, Iowa, Wisconsin, Indiana, Michigan
Locations
Industries
Electrical • Erosion Control • Facility Services • Gutter Cleaning & Repair • HVAC • Landscaping • Paving • Pest Control • Plumbing • Welding • Other
Trade Services
Adult / Child Day Care • Day Spa • Hair Salon / Barber Shop • Infusion Clinic • Medical Spa • Non-Clinical Home Health • Physical Therapy • Other
Personal Care Services
Accounting • Bookkeeping • Digital Marketing • Interior Design • IT Managed Service • Outsourced Human Resources • Property Management • Tax Preparation • Transportation & Logistics • Web Design & Development • Other
Professional Services
Auto Repair • Coffee Shop • Fitness Center / Yoga Studio • Funeral Home • Pet Boarding / Grooming / Training • Tire Shop • Other
Consumer Services
Business / Acquisition Characteristics
Compelling value proposition and/or defensible market niche
Highly regarded local reputation
Recurring revenue streams
Modest historical revenue growth with stable volume
Consistent historical margins
Non-cyclical
Minimal commodity exposure and/or pass through pricing power
No material customer or supplier concentration
No key employee concentration (including owner)
Low capital expenditures
Insulated from AI/technology disruption
Scalable via headcount or new location growth
Identified or recruitable future general manager
Situation incentivizing owner sale (e.g., retirement, family etc.)
Seller integrity