Acquire and Operate a Single Business
Utah Capital Partners is looking for a business with some of the criteria outlined below. Of course, every business is different, and very few businesses display all of these traits. But they are helpful in guiding our search.
Criteria
Financial
- Annual revenues over $1 million
- Annual earnings over $300 thousand
- Cash flow positive for three years
- Recurring revenue sources
- Strong balance sheet
Industry
- Large, fragmented market
- Growing industry
- Low risk of adverse regulatory changes
- Low risk of technological obsolescence
- Low seasonality
- Services or light manufacturing
Business
- Strong middle management
- Low ongoing capital expenditures
- Diverse and expanding customer base
- Utah-based or fully relocatable
Context
- Motivated seller
- Concentrated ownership
- Owner open to post-deal transition