Quitting Consulting to Buy a $1m SDE Agency

They all went through the Acquisition Lab, the accelerator in community for people serious about buying a business. But they represent just a sliver of the Lab's success stories. The number of deals across the Lab's cohorts now stands at over 120 with over $300 million in aggregate transaction value.

The Acquisition Lab was founded by Walker Deibel, author of Buy then Build, the book that introduced so many of you to the very idea of buying a business. The Lab offers a month long, intensive, almost daily Q and A sessions with. Advisors, live deal reviews with Walker Deal.

Okay, so you find it on Flippa and can you say what numbers can you share about the business or the acquisition of the business? So we can share what's listed on my Flippa profile, which is that a total purchase price of $2 million on a 2 times earnings multiple. $2 million 2 times earnings, correct.

Okay, so this business did, earned, earned a good amount of money every year for I imagine especially for Flippa, you probably don't see businesses that are generating those kinds of earnings on Flippa. I have, it's been a while since I've been on the site but fair.

To say it's a mix. Yeah, the average is certainly much lower. It, it was definitely at the high end like probably top 5% of Flippa listings in terms of size. And so did that make it a pretty competitive process grant or Again, this goes back to you. Could you.

You could differentiate yourselves as buyers pretty quickly. It's so interesting. So I talked to the search that we now invest in, and I say to them, there is always a story.

Like, the story of a search acquisition is never. It was a competitive process, and we won on price.

That just never happens because. And. And it shouldn't happen. Like, a searcher should not be winning on price.

We reached out through the Flippa platform. The seller actually saw the message I had shared, like, hey, we're husband, wife, team. Love your. Love the business that you built.

I've actually had a background in digital marketing. This is my company. Nonprofit Megaphone would love to talk. He Googled me, found a video about Nonprofit Megaphone's core values of which I must have made and put on YouTube or something.

And he messaged his CFO to say, I think these are the people that are going to buy this business before we even talked about, which is remarkable. He told us this all later because. Of values alignment in what.