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Jake Woodhouse6d ago
Industrial services have been the main aim thus far - cleaning - plumbing - electricals - health and safety Hard asset connected. Essential as possible. Inflation proof. Ai proof Things people just won’t stop paying for Initially I was lookin close to where i live, but realised the deal flow is so small, that opened up to VIC, NSW, QLD The key lesson: a vendor that is retiring is critical. 1) Seller finance 2) stays on as manager for a handover 3) keeps staff Very early stages My intention will then be to update the back-end with as much AI as possible, and keep it running Long-term, and depending on how it goes, I like the idea of roll-ups, adjacent services, with an exit to a PE fund But first steps is just one high quality, stable, cashflowing business
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Andy David5d ago
Nice! Yeah, this was also our thinking too, although more focused on @b5f2cabc…98be0ee3 for now and starting a couple of challenger small businesses that are agent-native day one. Keep us posted, think we'll see more of these opportunities especially with a pending wave of boomer retirements. Will be great to see how you're navigating it. When you land one we should chat on the AI side too
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