More young Australians are choosing to buy “boring” small businesses instead of investing in property. In this episode we look at a young couple who bought a 29-year-old fabrication business and turned it into a highly profitable asset, and we break down how profit, valuation multiples, succession gaps and efficiency improvements can create serious wealth for the right buyer.

On this episode, we discuss:

(00:00 ) Intro
(01:07 ) Why Young Australians Are Buying Businesses Instead Of Property
(01:25 ) The Rise Of “Boring Businesses” And Why They’re So Profitable
(03:05 ) How A $2.5M Fabrication Business Generates $500K Profit
(06:44 ) Baby Boomers Retiring & The Small Business Opportunity
(08:34 ) Small Business vs Salary Jobs: Which Builds Wealth Faster?
(10:18 ) How Small Business Valuations & Multiples Actually Work
(13:44 ) Using AI & Automation To Improve Old-School Businesses
(14:28 ) How A $1.5M Business Becomes A $5M Asset
(21:31 ) How To Find, Assess & Fund A Small Business In Australia

Check out the free resources from Inovayt here.

Send us an email: hello@thenumbersgamepodcast.com.au

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.