IMMEDIATE CASH FLOW: With a properly structured acquisition, the business revenue will enable you to cover the cost of the loan, draw a salary and have enough money to invest in growing the business further. This scenario is a stark contrast to starting a business from scratch with no immediate revenue.
HIGH CHANCE OF SURVIVAL: Only 30% of small businesses will survive their 10th year in business. Buying a 10+ year old business assures you that you have a strong foundation to continue building on. We can help you find these mature and stable businesses.
FINANCING: Financing the purchase of an existing business can be easier than raising money for a startup. The bank can see historical performance and not just rely on pro forma financials or projections.
TRAINED EMPLOYEES: One of the hardest parts about running a business is building a team. The work of finding, hiring and training new employees has already been done, and you can use this as a springboard for future growth.
BRAND RECOGNITION: There is a significant advantage when the business you’re looking to purchase is already established within its trade sector and known throughout the community. Leveraging existing reviews/testimonials, marketing campaigns, and third-party relationships gives you a strong foundation to build on.
TRAINING AND TRANSITION: Sellers can be invaluable in helping you transition into the business, offering guidance ranging from specific training, introduction to key clients and suppliers, supplying an employment contract for future services, and in many cases, seller financing for the business purchase.
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Our team members have backgrounds in entrepreneurship, investment banking, private equity, and business operations. We’re all here to help ensure that each business we work with is posed to make the biggest positive impact possible for its owners, employees, and community.
Hayden Miyamoto
CO-FOUNDER
Hayden is the co-founder of Wired Investors, Kingmakers, and Acquira. He has boot-strapped several 7-figure businesses and acquired over 30. He has deep experience developing systems to scale businesses. He is an investor and adviser and sits on the board of several companies.
Doug Thorpe
DIRECTOR OF INTEGRATION
In his early career, Doug spent 20 years in commercial banking, helping business owners and their investors with deal structure, performance, and growth. After banking, Thorpe turned to coaching and consulting. On multiple occasions, he organized and directed, at scale, the deployment of large teams of coaches at companies like Bank of America and ExxonMobil. His coaching is shared globally via his popular podcast "Leadership Powered by Common Sense."
Rich Coppage
ACQUIRA SUCCESS COACH
Rich's work experience includes acquisition advisory and senior finance positions with companies such as Merrill Lynch and Morgan Stanley. He leads the acquisition advisory business for Acquira which has led to 15+ successful closings thus far in 2023.