Andy and Jessica welcome you to another episode of The Deal Board Podcast. This week, they speak to three guests, Peter Berg, Arthur Beisner, and Phillip Proctor, about their standout case studies regarding the Silver Tsunami – the wave of baby boomer business owners looking to exit. While many expected a mass sell-off, this trend has been happening more gradually, with owners holding on longer due to factors like high earnings and strong personal ties. Their conversation covers three compelling case studies: a PhD’s 40-year-old business, a CPA firm, and a $7M in revenue HVAC business. These stories highlight the emotional and financial challenges of selling, the benefits of going to market before you need to, and the value of younger buyers acquiring established businesses. Plus, don’t miss this week’s Deal of the Week, a high-margin pool service business sold for $525K, and the Listing of the Week, a $350K absentee-run furniture store in booming Palm Beach County. Tune in now to hear it all!

Listing of the Week:

 

Don’t miss this rare absentee-run business opportunity in Palm Beach County! Addison Goldin of Transworld Fort Lauderdale is representing a well-established furniture store, the owner of which is based in South America. With minimal owner involvement and steady earnings of $150,000 per year, this business is perfect for an investor seeking passive income. Plus, with the Palm Beach housing market on the rise, demand for furniture remains strong. Priced at just $350,000, this high-potential listing is expected to sell fast! For more information, call Addison Goldin at  (954) 289-2115 or email him at agoldin@tworld.com.

 

Deal of the Week:

Michael Shea of Transworld Lakeland successfully facilitated the sale of a highly profitable pool service company in West Palm Beach! After 35 years of operation, the owners – who were looking to transition into retirement – found the perfect buyer through Transworld’s expert network. The new owner, a young entrepreneur with a private equity background, recognized the business’s unique financial advantages, including a smart 13-month billing cycle that contributed to above-average profit margins. The deal was structured with SBA financing and closed at $525,000, marking another successful transition of a strong service-based business. If you're considering buying or selling a pool service company, reach out to Michael Shea at (321)-287-0349 or mike@tworld.com.

 

Key Points From This Episode:

 

•    [00:23 ] Today’s topic: ‘The Silver Tsunami’ and the buying and selling of boomer businesses.

•    [05:31 ] An overview of Peter Berg’s case study of selling a 40-year-old business.

•    [12:14 ] Peter’s selling advice to those over 60 who are still in business.

•    [14:36 ] Arthur Beisner on selling a CPA firm five years before the seller wanted to retire.

•    [17:36 ] How they found the right buyer, the financial structure of the deal, and key takeaways.

•    [21:59 ] Arthur’s advice to older sellers: use a program like Exit Factor.

•    [23:03 ] Phillip Proctor’s insights on selling a $7M HVAC business.

•    [26:18 ] Finding a young, experienced buyer who recognized the company’s growth potential.

•    [28:46 ] How brokers, like Transworld, can help business owners make the ideal sale.

•    [30:20 ] Predictions for baby boomer selling trends.

•    [32:14 ] Deal of the Week: Michael Shea (Lakeland) sold a 35-year-old pool business in West Palm Beach for $525K.

•    [33:31 ] Listing of the Week: Addison Goldin (Fort Lauderdale) lists a $350K Palm Beach furniture store with $150K earnings that is largely absentee-run.

 

Links Mentioned in Today’s Episode:

 

The Deal Board Podcast 

Subscribe to The Deal Board Podcast YouTube Channel 

The Deal Board on LinkedIn

<p class="Default" st