Too Good to Be True: Year 1 in a $700k SDE Business | Zack Mutnik Interview

Synopsis

Zack Mutnik bought Jeff Masters Electric, an electrical contracting business in southwest Florida with claimed $700k SDE, after finding it on BizBuySell. The first year exposed suspicious margins, employee turnover, lawsuits, receivables issues, weak demand, and a difficult seller transition, but the team later stabilized, revenue improved, and the company began rebranding to Mutts Electric.

Ideas in this episode

• Small business acquisition (no experience required)

  Zack Mutnik bought Jeff Masters Electric, an electrical contracting business in southwest Florida with claimed $700k SDE, found on BizBuySell. Year one exposed suspicious margins, turnover, lawsuits, and a difficult seller transition.