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Latest / The Buyer & Seller Podcast with Fexingo: Business Brokers, Exits, and Private Sales Explained

Why Distribution Wins Over Product in Business Sales

In this episode of The Buyer & Seller Podcast, Lucas and Luna explain why distribution often beats product when it comes to selling a business. Using the example of a regional HVAC parts distributor that sold for 11 times EBITDA — despite stiff competition from national players — they break down the structural advantages of having a deep customer network. They discuss how recurring revenue from loyal contractors, the moat of local relationships, and the difficulty of replicating a distribution network all contribute to higher valuations. The conversation also touches on how buyers think about…

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