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New Podcast: How This Former US Army Infantry Officer Transitioned Into Acquisition Entrepreneurship
An interview with Bill Haig
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Hello SMB Deal Hunters!
I’m excited to share a new interview with Bill Haig.
Bill is a former US Army infantry officer who transitioned into acquisition entrepreneurship.
He acquired Starfit Studios, an independent gym in Northern Virginia, which he has grown to 3 locations (now in the process of opening up a 4th!).
Today’s issue is sponsored by Rejigg, a new platform that features exclusive off-market SMB deals.
WORK WITH ME
Want me to help you source on and off-market deals, mentor you through closing your first acquisition, and introduce you to investors to fund your deal?
INTERVIEW
In the interview with Bill, we discuss:
How a bad SBA lender almost killed his deal
Bill’s perspective on independent vs franchise gyms
What KPIs to look for when buying gyms and fitness studios
How Bill has managed to transition himself into an absentee role in the business
Major decisions that led to the growth of the business into multiple locations
And more!
PRESENTED BY REJIGG
Hunting for Off-Market SMB Deals?
I recently discovered a new platform called Rejigg that features off market SMB companies that are doing $500k-$10M in revenue.
They have an in-house team doing outreach everyday, finding owners who are excited to meet with buyers.
Their team adds 7-10 new proprietary deals every week (and because these deals are off-market, they aren’t listed on competitive marketplaces like Bizbuysell).
Here are two interesting deals I found today that speak to the quality of the platform:
1) A big data consulting and implementation services business with $2.1M in EBITDA
2) A towing company in Florida with $500k in EBITDA
No wonder searchers who join Rejigg often have a dozen meetings with owners in their first month!
COMMUNITY PERKS
• Invest with me in cash-flowing SMB deals. I’m bringing on a select few investors from this community into businesses I’m buying and investing in.
• Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel
• Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.
• Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.
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.