A guy started reselling septic tanks on Facebook Marketplace with a 40% markup after the original seller wouldn't pay for ads. Three years later, he's buying the company outright using a tool called Deal Hunter.
What did they do in the deal room today? Quit producing me. You're not the director, I says. I says, I did. You're making me do things that I've never done before again. Anyway, the guy with the septic tank said, no, I don't want you to advertise for me. I'm not going to pay you to advertise for me, but you can sell the tanks and put whatever markup you want to them. So what I did was when I went over to Mark, when I went over to Facebook Marketplace, I increased the price by 40% and just started selling them on Facebook Marketplace. And three years later, we're ready to buy the this guy's company now. And that's what we're going to load into Deal Hunter right now. It's the conversation we had with him the other day.
