Multi-Channel Acquisition Outreach
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A detailed breakdown of how Sarah Moore created a high-volume outreach system to find businesses to acquire with no money down.
Core Search Strategy
- Scraped databases within 1.5 hours of Boston for initial leads
- Focused on businesses with consistent profitability rather than specific industries
- Used multiple interns from Craigslist to manage high-volume outreach
- Created fake student IDs to give interns library workspace access
Email Outreach Approach
- Sent mass emails that appeared personalized
- Key criteria communicated in emails:
- 100% of business for sale
- $1-2M in EBITDA/seller earnings
- Profitable for last 3 years
- Seller financing available
- Acquisitions under $25M
- Response strategy:
- Let negative responses provide accurate business information
- Used generic language to avoid industry jargon
- Kept communication simple and straightforward
Creative Marketing Tactics
- Wore "I want to buy your business" sweatshirt with phone number while biking
- Sent mass faxes with photo and business acquisition intent
- Leveraged being a woman in male-dominated industry:
- Wore distinctive outfits at broker events
- Used height (5'9" plus heels) to be memorable
- Made herself easily identifiable for follow-up calls
Deal Structure Approach
- Required 25% seller note as non-negotiable
- Secured 75% bank financing
- Shopped 20+ banks to find ones that viewed seller note as equity
- Kept deal terms simple to avoid confusing sellers
- Focused on stable, profitable businesses rather than specific industries
Key Lessons
- Numbers game - needed high volume of outreach to find right opportunity
- Simplicity in communication was crucial
- Used every possible channel for outreach
- Turned perceived disadvantages into advantages
- Focused on established, profitable businesses over specific industries
23:00 - 24:50
Full video: 01:20:37SM
Sarah Moore
Sarah Moore was a student in college that had no money no experience the only thing she owned in her life was her car a rav 4 and she decided to buy a business and spent a year searching through a 100,000 businesses and she found this niche business called egg cartons.com and turned it into a multi million dollar business.
Entrepreneur