M&A brokers often reject clients under $120,000 in annual net profit
Christine McDaniel · Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm · Nov 15, 2022 · at 24:06
Christine McDannell, founder of M&A advisory firm The Magnolia Firm, discusses buyer demand and client intake thresholds for profitable businesses.
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“The magical number seems to be about a 120 K net profit a year because somebody can quit their job, maybe not in California, but quit their job and like live on that. Right. And so, so that's this magical number. So yeah, we're typically not taking any clients under that. They need at least net out that much in SDE.”
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