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Selling a Business for 5x a Year After Buying It

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Manage episode 342999205 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 businesses
  • Best type of ecommerce to buy for a first-timer
  • Buying an ecommerce business knowing very little about it
  • Learning quickly how to sell on Amazon
  • Finding an ecommerce business on BizBuySell
  • Terms of her deal
  • One decision that made the business thrive during COVID
  • Selling to aggregators
  • Talking to 14 of them
  • Terms of her sale
  • Cash flow issues with a growing ecommerce business
  • Her 3 new ecommerce acquisitions
  • Focusing exclusively on FBA
  • Running in-person learning center franchises

How to reach Sumana:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

  continue reading

247 episodes

Artwork
iconShare
 
Manage episode 342999205 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 businesses
  • Best type of ecommerce to buy for a first-timer
  • Buying an ecommerce business knowing very little about it
  • Learning quickly how to sell on Amazon
  • Finding an ecommerce business on BizBuySell
  • Terms of her deal
  • One decision that made the business thrive during COVID
  • Selling to aggregators
  • Talking to 14 of them
  • Terms of her sale
  • Cash flow issues with a growing ecommerce business
  • Her 3 new ecommerce acquisitions
  • Focusing exclusively on FBA
  • Running in-person learning center franchises

How to reach Sumana:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

  continue reading

247 episodes

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