Jameson CampAdvising on AI and GTM | 2x Exits

Follow for day 4 #buyabusiness #entrepreneurship #saas #digitalmarketing

24 Jun 2024 · 1 min

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In this vlog, the creator documents Day 3 of his journey to acquire a micro‑SaaS business that generates a few hundred dollars a month. While awaiting the seller’s response, he walks viewers through his systematic approach to finding acquisition targets: he first uses a custom criteria sheet to evaluate potential deals, then outlines the various channels where such businesses can be discovered. He also explains the valuation mechanics, illustrating how adding $1,000 of monthly profit can increase the resale value by $36,000 when the business sells at a 3× annual profit multiple. The video serves both as a progress update and a practical tutorial for aspiring SaaS buyers.

Chapters

Day 3 of me buying a business. If you haven't seen my other videos, I'll give you a quick reminder. I'm trying to buy this micro SaaS that's for sale. Makes a couple hundred bucks a month, and I think I can actually add a lot of value to it. But I've been negotiating with the seller. But while I wait for his reply, I figured I could show you guys a little bit of the way that I look for deals. Okay, so before I even start looking at any business, I put together sort of a criteria sheet and ask questions. I do this for clients as well. If you want that yourself, comment below and I'll DM it to you. And once you know what you're looking for, here's a list of different places to look for businesses for sale. Once you find one you like, the question is, how can you grow it? Because if you can, there's magic in multiples. I'll explain. If businesses sell for 3 times their yearly monthly profit, that means for every $1,000 a month you add, you add $36,000 to the value of the business for when you sell it.