How would you discover small businesses (with elderly owners) near NYC
If you were targeting founder-owned businesses in the NYC area to acquire, how would you go about finding businesses in which the owner was elderly / may retire soon?
If you were targeting founder-owned businesses in the NYC area to acquire, how would you go about finding businesses in which the owner was elderly / may retire soon?
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Through a lot of legwork and talking to people
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Does it matter the industry? Because if not then I would suggest: Financial Advisors, Insurance Agents and Construction/Trades.
A lot of the construction/trade companies have owners that are over 60 and looking to retire soon. (i.e my job when I worked at a construction company, and was going to take it over in 5 years). A lot of them are old.
Another thing is to use Linkedin to find people with the title CEO/Owner and search through it based on year graduating from college.
Also pretty much anyone who uses classifieds to promote their company.
A lot of manufacturing, construction, trade, etc would be a good start.
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