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Selling a Business for 5x a Year After Buying It
Manage episode 342999205 series 2931927
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:
- sanjeevasumana AT gmail
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:
- YouTube channel (easy access to all past + future interviews)
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
247 episodes
Manage episode 342999205 series 2931927
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:
- sanjeevasumana AT gmail
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:
- YouTube channel (easy access to all past + future interviews)
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
247 episodes
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