THE BUYER'S EDGE PODCAST • Episode 1
The Great Wealth Transfer
Baby boomers are looking to retire and sell their companies.
Are there enough entrepreneurs taking advantage?
SUBSCRIBE: 
EPISODE NOTES:
The Baby Boomer generation has a huge stock of small to medium sized businesses in their possession that they need to either pass down to their heirs or sell. This presents a huge opportunity for entrepreneurs and corporate managers aspiring to be a business owner without having to start a business.
INTERVIEW:
Alicia Dunlap
Private Client Advisor, Senior Vice President from Bank of America
- Career in financial services
- Wealth management & transfer of wealth
- Questions from social media & website
GET THE EDGE:
The Great Wealth Transfer
- The market of businesses for sale over the next 10 years
- The basics of acquiring a business
- How to find and identify a good business
- Passive vs. Active investment
- Basic financial terms for qualifying businesses
- Building wealth through business ownership
BUSINESS FOR SALE:
Pool Business With Great Cash Flows & Beach Lifestyle
- Size, scope and buy strategy from professional buyer, lender and now M&A advisor
- Opportunity for growth
- Good fit ideas
KEY EPISODE RESOURCES:
Alicia joined the Private Bank in 2021 and works closely with high-net-worth clients, including individuals and multigenerational families, to design customized financial strategies for pursuing their life, legacy and philanthropic goals. She has developed a thoughtful understanding of the issues that can impact the financial lives of families, corporate executives, private equity, entrepreneurs, professional athletes and art collectors. Having an extensive background in Commercial Banking, Alicia is uniquely positioned to help business owners create exit strategies and prepare financially for the future.
Featured Business:
Pool Business With Great Cash Flows
USE FORM TO INQUIRE ABOUT BUSINESS FOR SALE:
Sale Price: $849,000
Revenues: $1.8 million
Seller's Discretionary Earnings: $486K
Employees: 10
Location: New York
Passive/Active Income Rating: Very Active
The business consistently produces revenues above $1,000,000 and offers exceptional margins, having produced $600,000+ sellers’ discretionary earnings in the first three quarters of 2022 and $480,000+ in 2021.
This is a MUST-SEE business opportunity for the buyer wanting to purchase a retiring baby boomer's successful business. Solid financials, High Margins, and a Booming Industry. This longstanding pool company is in eastern long island has been in business for over 30 years.
