New Podcast: How This First-Time Entrepreneur Acquired A Commercial Cleaning Business And Is Doubling It In Year 1

Hello SMB Deal Hunters!

I’m excited to share a new interview with George Tibil, a first-time entrepreneur who acquired a commercial cleaning business and is on track to doubling revenue in year 1 (!).

George previously worked at a corporate 9-5 in risk management and wealth management. He tried the startup and self-storage paths without success and ultimately decided to buy an existing business.

Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers.

WORK WITH ME

Want me and my team to work with you to source on and off-market deals, mentor you through closing your first acquisition, and introduce you to investors? Apply to join SMB Deal Hunter Pro.

Here's what members have shared this week:

👉 Learn more and book a call

INTERVIEW

In the interview with George, we discuss:

• What George likes about the commercial cleaning space

• How buying the real estate with the business helped George get an SBA loan that was amortized over 17 years

• How George underestimated operational due diligence

• What strategies have contributed the most to doubling sales in year 1

• Pros and cons of being part of a franchise

• The toughest parts about operating a commercial cleaning business

• What he’s doing differently with the next acquisition

• And more!

👉 Watch the full 52-minute interview with George

PRESENTED BY SMB DILIGENCE

Here’s Why You Shouldn’t Skip Due Diligence…

A friend of mine put a business under LOI and asked me for my advice.

I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.

Turns out their EBITDA was off by 2x 😳

Enter SMB Diligence.

SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.

Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).

👉 Get introduced to due diligence experts today

COMMUNITY PERKS

• Want to invest passively in SMB acquisitions? Get access to investment opportunities.

• 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
Find Me On Twitter
Find Me On LinkedIn

P.S. I'd love your feedback. Tap the poll below or reply to this email.

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.