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Selling a Business for 5x a Year After Buying It

Selling a Business for 5x a Year After Buying It

FromAcquiring Minds


Selling a Business for 5x a Year After Buying It

FromAcquiring Minds

ratings:
Length:
96 minutes
Released:
Oct 4, 2022
Format:
Podcast episode

Description

Sumana Sanjeeva got into ecommerce by chance. 3 years later, she's acquired 4 ecom businesses & sold one for over $5m. Topics from Sumana's interview:
Brick & mortar vs ecommerce businesses
Best type of ecommerce to buy for a first-timer
Buying an ecommerce business knowing very little about it
Learning quickly how to sell on Amazon
Finding an ecommerce business on BizBuySell
Terms of her deal
One decision that made the business thrive during COVID
Selling to aggregators
Talking to 14 of them
Terms of her sale
Cash flow issues with a growing ecommerce business
Her 3 new ecommerce acquisitions
Focusing exclusively on FBA
Running in-person learning center franchises
How to reach Sumana:
LinkedIn
sanjeevasumana AT gmail
Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:
Connect with host Will Smith on LinkedIn

Follow Will on Twitter
Released:
Oct 4, 2022
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.