The SMB Deal Hunter Podcast

← The SMB Deal Hunter Podcast9 oct · 33 min

How She Bought a $290K/yr Chimney Business (Ex-Airbnb & Twitter)

How She Bought a $290K/yr Chimney Business (Ex-Airbnb & Twitter)9 oct33 min

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In this episode, Victoria breaks down why she left in-house roles at Airbnb and Twitter behind to buy a 30-year-old stove and chimney business near Lake Tahoe, how she got the seller to finance most of the deal, and what happened when she modernized a business that still ran on paper.

◼️ Why the seller's contractor license scared off most buyers, and how she solved it

◼️ What made her willing to buy a business she calls "super high risk" at a price under 2x what it earns in a year

◼️ The list of 5,000 past customers the old owner never advertised to, and what happened after one email

◼️ The interview with another business buyer that convinced her to hire a technician on day 1

◼️ How she and her wife split the work while she keeps her film production company running

Follow Helen:

Twitter: https://x.com/HelenGuo_

LinkedIn: https://www.linkedin.com/in/helen-guo-06674523/