Archive for May, 2009

Compromise Saves Deal

Thursday, May 7th, 2009

The business for sale in BC was an internet based tour operator, booking families into some of North America’s best resort locations. The owners (a married couple) both worked in the business for an average of around ten months per year, so were able to enjoy a nice break each year. Although it was only five years old it was achieving revenue growth of around 60% a year for its last two years and was on target to reach $2,000,000 in annual sales with an EBITDA of $170,000. Although it was in a very competitive market against companies with marketing budgets in the $100,000s this small company did incredibly well in the internet search engines - often coming up within the first page for a related search enquiry. Continue Reading »

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