Selling a Business for 5x a Year After Buying It
Sumana Sanjeeva got into ecommerce by chance. 3 years later, she's acquired 4 ecom businesses & sold one for over $5m.
Topics from Sumana's interview:
Brick & mortar vs ecommerce businesses
Best type of ecommerce to buy for a first-timer
Buying an ecommerce business knowing very little about it
Learning quickly how to sell on Amazon
Finding an ecommerce business on BizBuySell
Terms of her deal
One decision that made the business thrive during COVID
Selling to aggregators
Talking to 14 of them
Terms of her sale
Cash flow issues with a growing ecommerce business
Her 3 new ecommerce acquisitions…
The skinny
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