The Next Step

De: Pete Seligman
  • Resumen

  • Helping people find the courage to try, the clarity to start and the commitment to keep going!
    © 2022 The Next Step
    Más Menos
Episodios
  • EtA Downunder - Episode 7
    Aug 1 2024

    G'day, I'm Pete Seligman. There are a growing number of people thinking about buying a business in this region, but it can be hard to see what that actually looks like. So to help bring one part of that process to life, I've teamed up with my mates Jason Andrew and James Frank to throw some businesses on the table and share our raw thoughts on each. This is Eta down under. We hope you enjoy it.

    In this episode, we take a close look at a temporary fencing business in northern New South Wales. This opportunity has potential for those entering the market, with a profit of $630,000 for a working owner at 30 hours a week.

    The asking price is $1.7 million, which translates to a multiple of approximately three times the earnings. This business, rooted in the construction sector, offers a low-risk model with significant growth potential, making it an intriguing prospect for the right buyer. Our discussion covers the fundamentals of hire businesses, highlighting the operational aspects and the balance between labor costs and capital expenditure.

    This business is ideal for someone with a background in the hire industry or a related field, looking to step into a profitable and manageable operation.

    Thanks for listening. I hope you enjoyed it. If you want to learn more, please hit us up on LinkedIn.

    • Follow Pete on YouTube: Pete Seligman
    • Connect with Pete on LinkedIn: Pete Seligman
    • Connect with James on LinkedIn: James Frank
    • Connect with Jason on LinkedIn: Jason Andrew

    Stay tuned for the next episode of EtA Down Under, where we continue to explore exciting business opportunities and share our insights.

    Más Menos
    20 m
  • EtA Downunder - Episode 6
    Jul 25 2024

    G'day, I'm Pete Seligman. There are a growing number of people thinking about buying a business in this region, but it can be hard to see what that actually looks like. So, to help bring one part of that process to life, I've teamed up with my mates Jason Andrew and James Frank to throw some businesses on the table and share our raw thoughts on each. This is EtA Down Under. We hope you enjoy it.

    In this episode, we explore a profitable industrial manufacturing business based in Western Sydney.

    This company, which manufactures and installs automated tarping systems for trucks, serves a diverse customer base across transportation, agriculture, and construction. With an asking price of $4.5 million, this business has an FY24 revenue forecast of $5.3 million and a net profit of $1.7 million. The strong reputation and established market presence make it a solid acquisition for those looking to enter or expand in this sector.

    We delve into the specifics of the tarping systems, which are essential for compliance in transporting loose materials. The conversation also covers potential growth areas, such as expanding product lines and enhancing the online presence, which could further increase market share and profitability.

    This business is ideal for an industry buyer or an entrepreneur looking to invest in a well-established company with room for expansion.

    Thanks for listening. I hope you enjoyed it. If you want to learn more, please hit us up on LinkedIn.

    • Follow Pete on YouTube: Pete Seligman
    • Connect with Pete on LinkedIn: Pete Seligman
    • Connect with James on LinkedIn: James Frank
    • Connect with Jason on LinkedIn: Jason Andrew

    Stay tuned for the next episode of EtA Down Under, where we continue to explore exciting business opportunities and share our insights.

    Más Menos
    15 m
  • EtA Downunder - Episode 5
    Jul 18 2024

    G'day, I'm Pete Seligman. There are a growing number of people thinking about buying a business in this region, but it can be hard to see what that actually looks like. So to help bring one part of that process to life, I've teamed up with my mates Jason Andrew and James Frank to throw some businesses on the table and share our raw thoughts on each. This is Eta down under. We hope you enjoy it.

    In this episode, we delve into an opportunity within the Australian security industry, focusing on a security company in regional Queensland. This business stands out with its strong regional presence and solid financials.

    Key Highlights:

    • Revenue: $8.6 million
    • EBITDA: $1.3 million (forecasted to increase to $1.457 million)
    • Asking Price: $5.6 million.

    Our discussion highlights the dynamics of the security industry in Australia, emphasizing the advantages of acquiring a well-managed business with growth potential. We explore the operational aspects, noting the company's multiple locations and strong market position. The conversation also covers key considerations such as revenue quality, contractual arrangements, and payroll tax implications, which are crucial for evaluating this opportunity.

    This opportunity is best suited for someone with experience in the security industry. As Jason points out, having a strong team in place or partnering with an expert in the sector would be crucial for a successful transition. The business is pitched more towards a trade buyer or an industry player looking to expand, rather than a financial buyer.

    Join us as we dive into the details and share our insights on why this security company could be the perfect addition to your portfolio.

    Thanks for listening. I hope you enjoyed it. If you want to learn more, please hit us up on LinkedIn.

    • Follow Pete on YouTube: Pete Seligman
    • Connect with Pete on LinkedIn: Pete Seligman
    • Connect with James on LinkedIn: James Frank
    • Connect with Jason on LinkedIn: Jason Andrew

    Stay tuned for the next episode of EtA Down Under, where we continue to explore exciting business opportunities and share our insights.

    Más Menos
    12 m

Lo que los oyentes dicen sobre The Next Step

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.