Why Invest in Main Street Businesses?
Investing in main street businesses is a strategic way to build a business empire. With over 4,500 baby boomers reaching the age of 65 every day, many are looking to sell their businesses. This presents a unique opportunity, as more than 50% of these boomers own businesses that are ripe for acquisition. The potential for profit is significant; typically, these businesses sell for a multiple of 2-4 times their earnings.
The Lucrative Advantage of Acquiring Multiple Businesses
Unlike flipping houses, acquiring main street businesses can be far more profitable. When you aggregate two or more businesses and scale to mid-market levels exceeding $15 million in gross revenue, you can expect a sales multiple of 6-7 times earnings. This means that not only are you purchasing a reliable income stream, but you are also building substantial value for the future.
Guidance from M&A Experts
With over 50 years of experience in mergers and acquisitions, WL Laney and his team can help you navigate the intricacies of building a business empire. From finding and performing due diligence on potential acquisitions to securing financing and closing the deals, our expertise ensures that you won’t have to go at it alone. The sky is truly the limit when it comes to your business holdings, and with the right guidance, you can emulate the world’s wealthiest individuals who have built their fortunes through strategic business investments.