
Episode #98
He Sold a $20M Company at 50. Here Is What It Took to Get Ready | Bob Campana (#98)
Own a logistics business doing $2M or more in revenue? Apply for a confidential Business Valuation Call to learn what your company could be worth: https://www.bizexitgrow.com/valuation-call Bob Campana built businesses across hot tub manufacturing, pool construction, plumbing services, real estate, and hospitality over five decades. He is the author of Don't Look Down! and hosts the Get Back to Work podcast. He turned a $1,700 purchase of World War Two era redwood pipe into roughly 200 hot tubs, then grew that into a pool and landscaping company with 170 employees doing close to $20 million a year. Selling it took three years of preparation. In this episode, Pete Vera and Bob cover the runway you need before a sale, why lifestyle expensing destroys your multiple, and how recurring revenue changes what a buyer will pay. WHAT YOU WILL LEARN Why an SBA buyer needs three years of clean tax returns, meaning a four year runway How writing personal costs through the business lowers your sale price Why he spent three years building an operations manual before going to market How removing himself as the bottleneck made the business sellable Why recurring revenue is the biggest lever on your multiple TIMESTAMPS 00:00 Meet Bob Campana 02:00 Turning a $1,700 redwood pipe into 200 hot tubs 03:26 Scaling to 170 employees and $20 million 06:00 The flat rate pricing model 12:56 Deciding to sell at 50 13:38 Cleaning up the books 14:12 The operations manual that raised the price 16:18 How long preparation actually takes 18:39 Technician to manager to owner 27:45 How AI compares to past disruptions 30:29 Bob's practical tip Running trucks, travel, and personal costs through the business saves money now and costs you a multiple later, because a lender compares what you told the government against what you tell a buyer. CONNECT WITH BOB https://www.bobcampana.com https://www.youtube.com/@GetBack2Workk Book: Don't Look Down! on Amazon LISTEN YouTube: https://www.youtube.com/@ExitAlgorithms Spotify: https://open.spotify.com/show/2lTaP8U9DIJhI0VbwHn5t9 Apple: https://podcasts.apple.com/us/podcast/exit-algorithms/id1820424898 Ready to plan your next chapter? Book a confidential call: https://www.bizexitgrow.com/valuation-call #ExitPlanning #BusinessValuation #SmallBusiness #RecurringRevenue

