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Sounds like these are businesses with aging owners with no succession plans that can also be modernized. They are sustainable and healthy but will run out of st
by JakeAl 3y ago
Sounds like these are businesses with aging owners with no succession plans that can also be modernized. They are sustainable and healthy but will run out of steam at some point so they buy them, modernize them, and ultimately sell them back t the employees who will own 80% of the stock after 20 years. Not that uncommon of a business model except the stock ownership part. Typically you see business flippers do this and sell them after 3-5 years, but much like an incubator they leverage the businesses they buy so they also use each others services and lift them all up while keeping the employees employed.