Thread by Sieva Kozinsky: I spend hundreds of hours meeting with cool companies. Here are my favorite businesses from the last 12 months:
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- Jan 28, 2023
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I spend hundreds of hours meeting with cool companies.
Here are my favorite businesses from the last 12 months:
Here are my favorite businesses from the last 12 months:
1. Swim schools
I met a swim school owner named John, who brings $300k/year in cash flow.
He works 10 hours a week.
The best type of person to buy this business is someone who is good with people and community marketing.
I met a swim school owner named John, who brings $300k/year in cash flow.
He works 10 hours a week.
The best type of person to buy this business is someone who is good with people and community marketing.
Here’s how I would buy this one:
• Use SBA debt
• Offer 3x cash flow
• Put 7% down ($63k)
• Ask the swim school owner to put 5% on full standby
This one isn’t open on Sundays, so you can grow it quite a bit by adding an extra day of operations!
• Use SBA debt
• Offer 3x cash flow
• Put 7% down ($63k)
• Ask the swim school owner to put 5% on full standby
This one isn’t open on Sundays, so you can grow it quite a bit by adding an extra day of operations!
2. RV parks
You can buy seasonal campgrounds at 10%+ cap rate. This means $100k in income for a $1M property.
Some people treat these parks as their second home. They build gardens and decks when they park their RVs which they leave there year-round.
You can buy seasonal campgrounds at 10%+ cap rate. This means $100k in income for a $1M property.
Some people treat these parks as their second home. They build gardens and decks when they park their RVs which they leave there year-round.
3. Plumbing
I know a regional plumbing business that made $2M EBITDA and $9M revenue in 2020.
People will always hire plumbers. It's a beautiful industry.
Plus you don't need heavy investments to grow a business like this.
I know a regional plumbing business that made $2M EBITDA and $9M revenue in 2020.
People will always hire plumbers. It's a beautiful industry.
Plus you don't need heavy investments to grow a business like this.
4. Trucks
Met a guy who does $44M in revenue selling semi-trucks.
He builds a relationship with trucking companies, dealers, brokers, and wholesalers.
Then buys their used inventory, and resell it to other buyers.
Beautifully Simple (but not easy).
Met a guy who does $44M in revenue selling semi-trucks.
He builds a relationship with trucking companies, dealers, brokers, and wholesalers.
Then buys their used inventory, and resell it to other buyers.
Beautifully Simple (but not easy).
5. Medical equipment
I met a couple that rents $4.85M of medical equipment annually. They provide equipment that helps patients during the healing process after surgery.
There is a lot of room for growth when you buy one, but watch-out for the slow pay cycles.
I met a couple that rents $4.85M of medical equipment annually. They provide equipment that helps patients during the healing process after surgery.
There is a lot of room for growth when you buy one, but watch-out for the slow pay cycles.
6. Trees
I met a guy who sells $10M worth of trees annually.
This business cashflows 30% from operations with:
• Attractive cash flow cycles
• High gross margins
• Low overhead
I met a guy who sells $10M worth of trees annually.
This business cashflows 30% from operations with:
• Attractive cash flow cycles
• High gross margins
• Low overhead
7. Scaffolding
I met a scaffolding rental company that does $6.5M per year in EBITDA.
Cool business because you can buy the equipment once, and rent it for a longggg time.
Caution, EBITDA doesn't mean cash flow. Make sure you learn the difference, especially here.
I met a scaffolding rental company that does $6.5M per year in EBITDA.
Cool business because you can buy the equipment once, and rent it for a longggg time.
Caution, EBITDA doesn't mean cash flow. Make sure you learn the difference, especially here.
If you liked hearing about cool niche companies, please do the following:
1. Follow me @SievaKozinsky for more of these
2. RT the tweet below to share this thread with your audience (Thank You)
1. Follow me @SievaKozinsky for more of these
2. RT the tweet below to share this thread with your audience (Thank You)
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The breakdowns you do on these are some of my favorite reads!