Centivest Capital Small Business Acquisition & Turnaround

Want to sell your small business? Here’s what we’re lookng for in general:

  • At least five years in same the business – ideally, in the same location
  • $1 million to $5 million annual gross revenue – ideally, from a range of products/services targeting no more than three verticals or a single product/service class targeting multiple markets
  • Easy to understand value proposition – ideally, described in 40 words or less
  • Stable customer/client base – ideally, a solid percentage of repeat business
  • Favorable vendor/supplier relationships – ideally, multiple sources for key purchases
  • Favorable banking relationship(s) – ideally, with one or more local banks for at least three years
  • C-Corp, S-Corp or LLC structure – no partnerships or sole proprietorships
  • Financial records well-maintained – ideally, by a local CPA firm for at least three years
  • No tax problems or liens; no pending or unresolved lawsuits or other regulatory issues
  • Closely-held ownership – ideally, one person or a couple – with the unrestricted authority to sell
  • Motivated to sell within 90 days – ideally, looking to retire or divest due to health concerns or lifestyle issues

Businesses we will NOT consider:

  • “Regulated” businesses that require some kind of licensure (other than a business license) – like real estate; mortgage; title; financial services; CPAs; banks; law firms; private investigators; bail bonding; firearms dealers; dental, chiropractic and medical practices; payday loan providers; pawnshops; vehicle, boat, and manufactured home dealers; auto repair or body shop businesses; etc. (We WILL consider independent insurance agencies and non-CPA bookkeeping/tax preparation firms.)
  • Dedicated internet-related businesses – like website design, hosting, SEO, lead generation, social media, email service providers, webinar services, pay-per-click agencies, Amazon-only or eBay-only sellers, etc. (We would consider an advertising or PR agency that also provides social media services.)
  • Hotels, motels & resorts
  • “Store front” retail businesses
  • Franchises or MLM (a.k.a. network marketing/direct selling) businesses or distributorships
  • Home improvement, construction, residential roofing or handyman businesses
  • Residential-only plumbing, electrician or HVAC businesses
  • Housekeeping, pool cleaning or residential-only landscaping services
  • Gyms; yoga, pilates or martial arts businesses
  • Nail or hair salons or masssage parlors
  • “Vaping,” tobacco, CBD oil or hemp-related products businesses
  • Adult entertainment businesses
  • Bars, liquor stores, restaurants or cafés
  • Businesses that require governmental regulation, inspection or oversight, or that sell primarily to federal or state agencies; selling to local agencies, such as school districts, would be okay.
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To be considered as an acquisition candidate, you MUST book a phone call with Nick Nichols.

What is Centivest Capital?

Centivest Capital was formed by seasoned business strategist Nick Nichols to acquire small businesses with annual gross revenues in the $1 million to $5 million range. We use a mix of private equity, debt and seller financing. Only one in twenty businesses listed for sale with business brokers actually sell, leaving the owners of the other 95% high and dry. Centivest Capital works with business owners to solve this problem so they can go on with their lives.

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