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Taking over business from retiring baby boomers

addV

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You hear people who have been in the business for years, and they say precisely this. "People need to sell the business to retire, and the P/E of the business is 4 with good margins."

After digging around in stocks for a while, you can't get much better than that on the public markets
And I think they shouldn't. A public company and an SMB have got completely different risk profiles.
 
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Rainy_TX

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I had a friend that did something similar. She started working for a weld inspection and testing company. A few years later, the owner wanted to retire and his kids had no interest in the business. He owner financed the business for her and now, she's been employing marketing and online business strategies to build the business way beyond what it was before she took over!
 

Kevin88660

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I had a friend that did something similar. She started working for a weld inspection and testing company. A few years later, the owner wanted to retire and his kids had no interest in the business. He owner financed the business for her and now, she's been employing marketing and online business strategies to build the business way beyond what it was before she took over!
There are many such opportunities arounds in different fields.

A business handed to you literally rather than built from scratch.
 

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