Mike and Josh talk about an ecommerce business acquisition from a seller’s perspective—from finding the right buyer, structuring the deal, and taking care of employees.

 

 

We’ve done a whole series with ecommerce and Amazon FBA aggregators throughout the year, so I thought it would be a good idea to hear from someone who’s been on the other side of the transaction. 

 

Josh Dittrich is an entrepreneur, exit advisor, and the founder of Branded Seller, a company that helps small-scale businesses raise their valuations and find the right aggregator to work with. 

 

In this episode, Josh will be sharing his recent experience of going through the whole process of selling one of his businesses to an ecommerce aggregator. We’ll talk about how he ended up deciding to sell the business, how he found the right aggregators to reach out to, and how he took care of his employees during the transition.

 

Near the end of the episode, Josh will also give some specific and actionable advice on things you should do if you’re looking to secure that profitable exit in a few months or in a couple of years down the road. 

 

Timestamps:

• Introduction - 0:30
• How Josh found the aggregators to reach out to - 3:15
• What the offers looked like and how they structured the deal - 7:18
• How the transition works out for his employees - 14:02
• Josh’s specific advice for sellers looking to exit in the near future - 22:47

 

Resources mentioned: hahnbeck.com 

 

I want to thank Josh for doing this very insightful episode with me. You can reach him directly by visiting brandedseller.com or emailing him at [email protected].

 

Before you go, don’t forget to answer our quick 2-minute Amazon Software Poll for the chance to win a year’s worth of EcomCrew Premium membership valued at $2000 absolutely free! Just go to ecomcrew.com/softwarepoll.

 

As always, please leave us a review over on iTunes if you enjoyed this episode. Until the next one, happy selling and we’ll talk to you soon!