Escaping the J-Curve in a $700k SDE Ecom Business | Chris Farkas Interview

Synopsis
Chris Farkas bought EmergencyKits.com, a niche ecommerce business selling emergency preparedness kits with ~$700K SDE and 9 employees, using an SBA loan. He worked through a brutal post-close J-curve and wrestled with the seller's cash-accounting distorting true profitability during diligence.
Ideas in this episode
- Small business acquisition (no experience required)
Chris Farkas acquired EmergencyKits.com, a niche ecommerce brand with ~$700K SDE and 9 employees, using an SBA loan. He wrestled with a post-close J-curve and the seller's cash-accounting distorting true profitability during diligence.
- DTC ecommerce brand
Chris Farkas bought EmergencyKits.com, a niche ecommerce business selling emergency preparedness kits with ~$700K SDE and 9 employees, using an SBA loan. He worked through a post-close J-curve and flagged seller's cash-accounting distortions during diligence.