Selling a Business for 5x a Year After Buying It
Podcast: Acquiring MindsPublished On: Tue Oct 04 2022
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 businessesBest type of ecommerce to buy for a first-timerBuying an ecommerce business knowing very little about itLearning quickly how to sell on AmazonFinding an ecommerce business on BizBuySellTerms of her dealOne decision that made the business thrive during COVIDSelling to aggregatorsTalking to 14 of themTerms of her saleCash flow issues with a growing ecommerce businessHer 3 new ecommerce acquisitionsFocusing exclusively on FBARunning in-person learning center franchisesHow to reach Sumana:LinkedInsanjeevasumana AT gmailGet 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:YouTube channel (easy access to all past + future interviews)Connect with host Will Smith on LinkedInFollow Will on Twitter
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