Frequently Asked Questions
Businesses & Partnerships
Getting Started with SPS
What makes sps different from a broker, franchise, or private equity firm?
SPS is NOT a broker. SPS is NOT a middle man. SPS is NOT a franchise.
sps does not:
- issue territories
- ask for investments to build an “investment fund”
- train inexperienced individuals in a trade they have never worked in, similar to how many franchises operate
- use the same business name across multiple industries or territories for the same trade
SPS only deals with older companies with brand names deeply rooted in the communities they serve
When dealing with potential partners-SPS only works with individuals who have real experience in the trade related to the businesses sps manages, operates, or owns.
getting started
Call us. It will be easier for you to fill out our online form ahead of time before you reach out to us to inquire about one of the following opportunities:
as a seller
find out how much your business could potentially sell for and explore whether sps may be a fit for an acquisition or partnership.
as a buyer
if you are looking to buy a business, need help finding one, or want to partner with sps, we would love to hear from you.
as a skilled tradesman
if you have industry experience and want to build a business from scratch, or be invited to become a partner in an existing business, apply to sps to see if you qualify to be a partner.
about filling out our online form
submit your business details, partnership details, or operator information through our online form.
our team reviews all submissions within 48 hours. if the opportunity aligns with our criteria, we will schedule an introductory call to learn more about your goals and discuss next steps.
how do i submit my business for review?
We do host free phone consultations. It will be euse our online submission form to send us your business details.
What information should I prepare before contacting you?
- Nothing, we want to see your business as is. Try your best to make sure your finances are up to date but we do not have any requirements.
what information should i prepare before contacting you?
Nothing. we want to see your business exactly as it is. while it helps if your finances are updated, we do not have strict requirements.
are there any costs to explore selling my business?
none at all. there is no cost to begin the conversation. We advise you do NOT spend any money on accountants or attorneys prior to the call. You do not need to organize any legal or financial data prior to the call.
Is there any cost to explore selling my business?
None at all.
Is there any cost to apply to be a capital investor or partner?
None at all.
what size companies do we usually work with, buy, or partner with?
we work with all types of construction tradesman and all sizes of businesses.
we work with:
- startups
- small owner-operator businesses
- distressed businesses
- established companies
we also help start companies from the ground up with the right trade professional.
while we work with businesses of all sizes, sps mostly focuses on companies generating $1 million in sales or higher.
common reasons sellers may choose not to work with us
some sellers may:
- slow down business activity before selling
- refer leads to competitors
- reduce advertising
- deny jobs
- fear losing their reputation with existing customers
- fear the buyer may not follow through
retiring without selling is also very common.
who does SPS partner with?
we commonly partner with:
- operators
- contractors
- industry experts
- capital partners
if you do not have direct industry experience, you may still be considered as a capital partner.
Business & Partnerships
What Size Companies Do We Usually Work With, Buy, Partner With, Etc.?
All Types & All Sizes
We Deal With Start Ups & We Start Companies From The Ground Up With The Right Trade Professional
SPS Mostly Deals With Companies Ranging From 1 Million In Sales & Higher
Do You Invest In Companies Or Offer Loans To Companies?
No, we do not invest or loan money to companies.
Who Do We Partner With?
operators including:
• contractors
• industry experts
• capital partners (If you do not have experience- you will be considered a capital
partner)
Valuation & Business Review
How Do We Value a Business or Partnership?
Businesses are typically valued using a multiple of EBITDA, revenue, and growth potential
10-20% for micro investor
30%-40% for partner
30%-60% for tradesperson and operator
What if my business does not have attractive looking financial history or current financial records?
Many small businesses do not have perfect financial records. We work with all types of business owners, we do not discriminate. We work with owners to review bank statements, tax returns, and operational metrics.
We buy all types of distressed businesses, we have even purchased businesses where the seller has a suspended contractors license.
Locations
Where Do We Operate Out of and What Areas Do We Focus On?
We are based out of Los Angeles and primarily operate in the California and Washington State Markets
About SPS
What makes SPS different from a broker, franchise, private equity firm?
SPS does not issue territories, does not ask for investments to build a “investment fund”, SPS only works with
individuals experienced in the trade related to the busienss SPS manages or owns, SPS does not train someone
without experience similar to a franchise would, lastly-SPS does not share the same name for all businesses accross different industries or territories for the same trade
How do people find us - how do we find leads?
People primarily find us through social media, our YouTube channel. We find business partners and sellers through various methods: Google, Facebook, LinkedIn, Etc.
Our Team
Trent Tolton CEO
Robert Head of Construction
Head of Accounting
Jr Construction Leader
