With Creative Financing And Minimal Cash Down (Done For You)
How Our "Done For You Acquisitions" Process Works (In Depth Video Walkthrough)
Meet The Founders Behind Eagle Dawn Capital
+260,000 subscribers on YouTube. +600,000 followers on Instagram. Has been featured on Forbes, Inc and Entrepreneur. Scaled his last company Agency Lab to over $30 million.
Scaled his last company Kenji ROI to multiple seven figures and then sold it. He's been featured on Starter Story, Disrupt, Amazon, Foundr, Forbes, Entrepreneur, and more.
+100,000 on Instagram. He is responsible for over $100 million dollars in revenue sold. He has also led 5 companies to exit for multiple seven figures as a consultant.
We generate exclusive off-market deals specific to each client’s criteria. Our primary method is with targeted ads and cold email, then we have a phone team that collects & confirms information with the seller.
We've helped our clients close on over 45 businesses in our full done for you model. If you include all the buy/ sell side deals we've consulted and advised on, that number is over 200. They consist of a variety, mostly $1m-$10m enterprise value traditional “boring businesses” such as home services, manufacturing, etc, and some short term rental real estate businesses.
From starting with Eagle Dawn Capital to close, typically about 6 months. This depends on variables such as: specificity of buy box, how prompt you are engaging with us, and how decisive you are when presented with an opportunity that meets your criteria. Clients that are less decisive will longer to close on a deal.
Our clients only have 2 responsibilities: make decisions and stay up to speed on each deal so you understand enough to make good decisions. We do every other part of the acquisition process, including communication with the seller, deal sourcing, due-diligence, paperwork, negotiation, etc. We present the client with all the key information and help them understand each business enough so they can make a good decision at each stage of the process.
Yes, we connect you with a variety of funding options and prepare your applications for you. Most clients use the SBA 7a loan to fund 80%+ of the deal & we almost always negotiate some seller financing into the deal so the seller has some skin in the game to ensure the business remains successful post acquisition.
Of course not. If that scares you too much then business acquisition is probably not for you. Businesses are inherently unpredictable and risky ventures. Acquiring an existing, well established business can help reduce many risks associated with starting a new business, but it cannot eliminate all the risks that every operating business faces and will continue to face going forward.
As a general rule of thumb, you will need at least 10% of the total deal price for your down payment. You should expect to set aside at least $250k liquid to cover down payment, closing costs, and working capital for the business, as smaller businesses are rarely worth acquiring unless you want to be a full time operator doing many things. The rest can be financed through SBA, seller financing, private lending, or often a mixture. Every deal structure is different so there will be some variance on this.
We specialize in businesses worth $1 million to $10 million across many industries, but have the most experience in the typical “boring business” categories such as home services: plumbing, HVAC, roofing, pest control, etc. For clients who want simpler, less time intensive businesses, FEDEX routes, laundromats, car washes, and self storage. While these are the most common, there are many exceptions. If the best business we find that meets your criteria is something outside those categories, we do those too.
It’s totally possible to acquire and run many businesses remotely, so this is both a personal preference thing and a case by case thing for each business. Many buyers feel more comfortable being within driving distance or a short flight in case of an emergency, while some sellers are easy either way. Also, businesses have varying levels of owner involvement needed. Some are already set up with key employees and systems that are designed to be ran remotely by the owner, others will require the owner to show up and build out those key functions until it can be ran remotely. Many of our clients have “ability to be ran remotely” as part of their criteria and that’s certainly something we can accommodate if you’d like.
Yes, most of our clients who acquire businesses have other jobs, businesses, or income sources that take some of their time. But as a general rule, you should be able to dedicate at least 20 hrs per week to a newly acquired business for the first year. There will be massive variance in the time required to run it based on each particular business and how streamlined it is already. Some far less, some far more. But this is something we need to nail down when sourcing deals for you. If you cannot dedicate much time, we need to find deals that have a good team, aren’t distressed, and have a seller willing to stay on for a period to ensure a successor operator can be hired and trained to replace them.
While there are never guarantees in any business, we do include 90 days of post acquisition business consulting to assist in a smooth transition of ownership. We advise 1-1 with you on things like: implementing digital marketing strategies, installing more efficient IT systems and processes, adjustments to staffing, and whatever each particular business needs to maximize the chance of success and reduce the time it takes to grow.
Yes, all the businesses we help clients acquire are US business entities. Generally most of our clients are US citizens or permanent residents so they can take advantage of the SBA 7a loan to help fund the deal.
Not at all, in fact most of our clients have only a rough idea of the type and size of business they want to acquire. The amount of capital you have for a deposit will be an important factor, but the first thing we do with each client is your “Deal Thesis” to dial in on what industries, deal size, deal structure, & location will work best for you. Clients gain clarity through the process, not before starting the process.
Eagle Dawn Capital LLC
848 Brickell Avenue
Suite PH5-H59
Miami, FL 33131
© Copyright 2024. Eagle Dawn Capital. All rights reserved.
Facebook
Instagram
X
LinkedIn
Youtube