Buying Distressed Businesses for Pennies on the Dollar

Systematically find and acquire distressed businesses by reaching out to CPAs and tax professionals asking them to connect you with their struggling clients - businesses doing $2M+ in revenue that have hit hard times. Buy these businesses at a steep discount (pennies on the dollar) from PE funds that are shutting them down or owners closing their doors, then turn them around. Focus on businesses with proven track records that just need better management.

Startup Budget

$50K – $500K

Difficulty

Advanced

Business Type

Hybrid

Location

Anywhere

Time Commitment

Full-time

Revenue Potential

$50000+/month

Skills Needed

business acquisitionoperationsturnaround managementnegotiationnetworking

Watch the Full Breakdown

Buying Distressed Businesses for Pennies on the Dollar — YouTube thumbnail

Watch on YouTube — Chris Koerner

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