OUR FOCUS
We look for businesses that are profitable, with a track record of growth, predictable cash flows, and have identifiable growth opportunities. Below you will find a some of the characteristics we prefer to see in a business we acquire.
FINANCIAL
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Minimum annual revenue of $1 million
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EBITDA—cash flow— ranging from $500,000 - $3 million
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EBITDA margins > 15%
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Minimum of three-plus years of profitable operations
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Low capital expenditure and working capital requirements
COMPANY
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Solid platform from which to scale and grow
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Recurring and predictable revenue streams
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Proven sustainable cash-generating ability
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Clearly identifiable growth opportunities
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Loyal and diversified customer base, with high customer retention rates
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Owner is not the primary reason why customers buy from the company
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Clear and defensible competitive advantage and a compelling value proposition
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Team dedicated to company’s success
INDUSTRY
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Focus is on high quality businesses rather than specific industries
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Fragmented but stable and growing, with no dominant player
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Recession resistant and low cyclicality
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Strong barriers to entry
LOCATION
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Businesses based within a two-hour radius of Palm Beach County, Florida, or that can be easily managed on a remote or absentee basis (e.g., internet-based businesses)
OWNER
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Seeking liquidity for non-business-related reason
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Seeking to retire or exit without an heir or obvious succession plan
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Looking to reduce his or her day-to-day involvement in the business
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Wanting to ensure continuity and the future success of the business