Boomer Business Acquisitions

A micro private equity strategy focused on acquiring small, profitable "boring" businesses from retiring owners, particularly targeting the generational wealth transfer as Boomers exit their businesses.

Key Points:

• Target Business Profile:

  • Revenue: $5-15M per year businesses
  • Profitable, steady operations
  • "Boring" traditional businesses like:
    • Plumbing companies
    • Laundromats
    • Lawn care businesses
    • Professional cleaning services
    • Podcast production companies

• Acquisition Strategy:

  • Buy from retiring owners (often Boomers)
  • Purchase at reasonable multiples (1.5-3x profit)
  • Focus on businesses where:
    • Children don't want to take over
    • Owner looking to retire
    • Business has steady customer base

• Operating Model:

  • Don't personally operate the businesses
  • Place operators to run each business
  • Portfolio approach with multiple small businesses
  • Diversify risk across different industries

• Target Returns:

  • Ideal for people seeking $200k-1M/year income
  • Not focused on massive scale or "changing the world"
  • Emphasis on steady, reliable cash flow
  • Lower multiples but more predictable returns than startups