More young Australians are choosing to buy “boring” small businesses instead of investing in property. In this episode we look at a young couple who bought a 29-year-old fabrication business and turned it into a highly profitable asset, and we break down how profit, valuation multiples, succession gaps and efficiency improvements can create serious wealth for the right buyer.

On this episode, we discuss:

(00:00) Intro
(01:07) Why Young Australians Are Buying Businesses Instead Of Property
(01:25) The Rise Of “Boring Businesses” And Why They’re So Profitable
(03:05) How A $2.5M Fabrication Business Generates $500K Profit
(06:44) Baby Boomers Retiring & The Small Business Opportunity
(08:34) Small Business vs Salary Jobs: Which Builds Wealth Faster?
(10:18) How Small Business Valuations & Multiples Actually Work
(13:44) Using AI & Automation To Improve Old-School Businesses
(14:28) How A $1.5M Business Becomes A $5M Asset
(21:31) How To Find, Assess & Fund A Small Business In Australia

Check out the free resources from Inovayt here.

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The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

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