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New Podcast: Ex-Amazon Tech Employee Acquires 35-Year-Old Wholesale Hat Company
An interview with Eric Bauer
Hello SMB Deal Hunters!
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Now onto regular business…
I’m excited to share a new interview with Eric Bauer, an acquisition entrepreneur who acquired a 35-year-old wholesale hat company, Turner Hat Company.
Previously, Eric worked for Amazon in retail, logistics, and grocery roles for 10 years.
Today's issue is sponsored by Somewhere, a headhunter agency that helps you hire an Executive Assistant for ~$1,500 per month.
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Here's what one member shared this past week:
INTERVIEW
In the interview with Eric, we discuss:
What prompted Eric to leave a 10-year career at Amazon, where only 3-4% of his peers stayed that long
Why Eric abandoned his original idea of buying a business with $2M+ in EBITDA, instead purchasing a $2M business with $300-$400K in EBITDA
The unsuspecting clientele of a wholesale hat company
How Eric got comfortable buying a business out-of-state
How Eric diligenced vendor relationships, client relationships, and product inventory
The crazy story of Eric’s first visit to the warehouse
How Eric streamlined operations in the first year post-acquisition
And more!
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THAT’S A WRAP
Want me to interview you for my podcast? Hit reply.
See you tomorrow with some new deals!
-Helen Guo
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Disclaimer
This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.