Hardware Podcasts

Demystifying the Buying and Selling of a Manufacturing Business w/ Mike Payne

The Manufacturing Executive · 25 Feb 2025 · 38m · Episode 246

What this episode covers

Mike Payne, owner of Hill Manufacturing & Fabrication and host of the 'Buy the Numbers' podcast, discusses the realities of buying and selling manufacturing businesses. He explains that while many machinists dream of ownership, the process is daunting due to a lack of financial literacy and fear of the unknown. Payne advises sellers to focus on growing Seller's Discretionary Earnings (SDE) and building a self-sufficient business to maximize valuation multiples, rather than just upgrading equipment. He also outlines his strategy for scaling through acquisitions, targeting tired but profitable shops to inject operational improvements.

Most relevant to

companies scaling up

Topics

Mentioned

Companies
Hill Manufacturing & Fabrication, Gorilla 76
Products
Buy the Numbers, Making Chips

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