FE International

“Yeah, so we charge 15 cents. We take, well, around 15,000 off that.”

“I was around 1.5 million in commissions.”

“It was a relatively small sale. It was around a 100,000 dollars.”

“Yeah, we usually see between seven and 12 would be the average we see for something in the maybe like half a million or below asking price range.”

“We've done just over 350 now coming up to 400 deals. So kind of number moves, moves quite consistently upwards. So we do in the last 12 months, we did about 80 deals. So we do about one and a half deals a week.”

“So a owner working 40 hours a week, who's a very technical owner who does all the programming themselves. That business is going to be worth Less in terms of multiple than a business where the owner works five hours a week and they're not doing anything techni…”

“So that will definitely apply where a business is doing over a million ARR, but on smaller businesses we deal with, so our average deal size is around 250,000. For deals at that level, there just isn't the scale, so buyers don't tend to pay a multiple of reven…”

“Answer the public. We recently bought this company for 8.6 million, funny enough, from FE International that had a booth. And they were only doing one, 1.2 million in EBITDA, so we overpaid for it.”

“So even at exit, he only had a team of four people. Very small team.”

“The seller wanted a hundred percent cash, buyer wanted 20%. We met somewhere in the middle at 70%.”

“Thrivecart at time of exit actually had over a billion dollars a year in GMV.”