Acquiring and partnering with $250K–$5M businesses · SaaS, e-commerce, agencies, services
⬤ SellFi Acquisitions

Most businesses don't exit once.
We let you exit twice.

A buyer and operator for $250K–$5M businesses. We come in with cash at close and an equity carry on the next sale — then run the operating playbook the previous owner couldn't. LOI in 14 days. Messy books welcome.

14 days
From first call to written LOI
2 payouts
Cash now + carry on next exit
$250K–$5M
Annual revenue range
Confidential · No fees · No broker · Cash + equity carry on every deal
💰
Cash at Close
📈
Equity on Next Exit
🛠️
Operating Playbook
🤐
Fully Confidential
Run Your Own Numbers

See what your business could be worth.

Most owners never run this math. Adjust the sliders, walk through the 5-year journey, and see your total founder take — cash now plus carry at exit.

🔒 Locked to industry high
$500K$5M
5%30%
Net profit dollars: $240,000
Cash at close
Equity at exit
Cash at close: $120,000 Equity carry: 25%
Balanced
The sweet spot for most deals.
1Close
2Ops overhaul
3Growth
4Institutionalize
5Exit
Illustrative only. Actual terms confirmed at term sheet. Industry multiples reflect current M&A market ranges.
Two Ways to Work With Us

Two ways to win with SellFi.

Most owners think their only options are "sell to a stranger" or "keep grinding." We offer a real third door — and a real fourth. Pick the one that fits where you actually are.

Full Exit

Sell your business.

You want out. We come in with cash at close and an equity stake on the next sale. We take over operations. You step back inside 90 days. You get paid twice — once now, once when we sell again.

Best For

Owners ready to exit. Broker-failed listings. Seasoned operators winding down a business they no longer want to run.

See if you fit to sell →
Capital + Operator

Partner with us.

You want capital, not an exit. We bring funding, take a controlling stake, and deploy the operating playbook to scale the business. You stay involved. We unlock growth and capital the bank wouldn't give you alone.

Best For

Fundable businesses that can't access traditional capital. Owners who want a co-pilot, not a buyer. Operators who'd rather scale than sell.

See if you fit to partner →
The Quiet Math of Small-Business Exits

Most businesses never exit. Yours doesn't have to be one.

Roughly 1 in 5 small businesses listed for sale actually closes. Not because they're bad — because the buyers who shop them are looking for something else. Here's what gets in the way.

📚

"Your books are a mess."

You ran lean. Personal expenses on the company card. Cash deposits. Owner draws instead of payroll. A buyer asks for three years of audited statements plus a quality-of-earnings report — and the deal dies in diligence.

~70% of small-biz deals die in diligence
👤

The business is "too you."

Your customers love you. Your team escalates everything to you. The vendor relationships live on your phone. To a traditional buyer that's not a business — that's a freelancer with overhead — and they walk.

Owner-dependent businesses discount 40–60%
💸

Institutional capital won't look.

PE starts at $1M+ EBITDA. Search funds want clean financials and a five-year growth story. Strategic acquirers want synergy. If you're below the floor and above the bootstrap exit, you're stranded in the middle.

PE rejects 95% of sub-$1M EBITDA businesses
🤝

Seller-finance buyers want it all.

The "I'll buy with seller financing" crowd usually wants 0–10% down, weak personal guarantees, and all the risk on your side. If they fail you're stuck operating a business you already mentally retired from.

Most SBA-financed small deals close in 10–18 months

Brokers take a year, then ghost.

You sign with a broker. Pay a retainer. Get a glossy CIM. Then nothing — three NDAs, two tire-kickers, and after 14 months your broker stops returning calls. You're back where you started, just older.

Average broker time-to-close: 9–14 months
🪦

The default outcome is shutting down.

When the exit doesn't happen, owners eventually wind it down. Fire the team. Sell the assets at scrap. Walk away with a fraction of what the business was worth as a going concern. Twenty years of work, evaporated.

Roughly 1 in 5 small businesses actually sells

That's why we built SellFi.

We're not a broker, a search fund, or a private equity firm. We're operators. We underwrite the business — not the audit. We buy small companies, run the playbook the previous owner couldn't, and share the next exit with the founder who built it.

See if you fit →
The Operating Playbook

How we make your business worth more.

Most $250K–$5M businesses are stuck because the owner is the system. We swap the system. Here's the playbook we run — and we apply the levers that fit your business, not all of them.

⚙️

Operating overhaul

Owner-dependent businesses sell for 40–60% less. We rebuild the workflows, customer ops, and reporting so the business runs without a hero.

📣

Growth deployment

Most acquired businesses have an underused marketing lever. We pull it — paid acquisition, content systems, lifecycle, SEO — using a stack the previous owner didn't have time to build.

📒

Books and institutional packaging

"Messy books" is what got you here. We clean them, normalize them, and package the business so the next buyer can underwrite it in 30 days, not nine months.

🧩

Modern operating stack

Automation, AI tooling, and modern software where they actually move the number. Not buzzwords — concrete operational uplift on the workflows that compound.

🏦

Funding access

Some businesses are fundable but can't get to the capital. We unlock it — for working capital, growth investment, or acquisition fuel. This is core to the Partner path.

🧱

Roll-up upside (where it fits)

Some businesses are worth more combined with others in the same vertical. Where it makes sense, your business becomes part of a roll-up that sells at a premium multiple.

This portfolio — applied to the right business — is the math behind the equity carry. The next buyer pays a premium for a business that runs without you. That premium is what you share in.

The Deal Structure

Two layers always. A third when it fits.

Every deal has cash at close and equity carry on the next exit. Some deals also include monthly notes between the two — depends on the business, your needs, and how we underwrite. Always tailored.

01
💰

Cash at close Every deal

Wired the day the deal closes. Sized to the business — typically a meaningful percentage of total consideration. The amount you walk away with on day one.

Funded from our acquisition facility, not your future receivables.
02
📈

Equity carry on next exit Every deal

A real share of what we sell the business for. Most founders only exit once. With SellFi, you exit twice — once today, once when we sell again.

Typically 10–20%, deal-specific, documented at term sheet.
03
📊

Monthly notes When the deal calls for it

Some deals are structured with monthly payments bridging close and exit. Others aren't. It depends on the business and on what works for you — every monthly note is tailored.

When applicable: 36–84 months, fair fixed rate, secured by the business.

The example deal card at the top of the page is just that — an example. Every deal is structured around the actual business, not a template.

Why Owners Choose SellFi

What you get that brokers
and cash buyers can't offer.

A traditional acquisition takes your business and your name and leaves you with a wire transfer. Our model is structured around making the business worth more after we take over — and keeping you in the upside.

📒

Messy books accepted

We do our own diligence. QuickBooks held together with duct tape, cash deposits, add-backs — we underwrite the business, not the audit. You don't need a CFO to sell to us.

Speed that feels unfair

Intro call inside 48 hours. Written LOI in 14 days for businesses that fit. No broker queue. No "buyer is still reviewing your CIM." If we're a fit, you know almost immediately.

🪶

No earnout handcuffs

We don't make you stay on for three years operating a company you just sold. Want to consult for 30 days? Fine. Want to be done at close? Also fine. Your equity carry stays intact either way.

🛠️

Full operating playbook included

Operational cleanup, growth deployment, books and packaging, modern systems, funding access, and (where it fits) roll-up upside. The premium the next buyer pays — that's what funds your carry.

🤐

Fully confidential

No public listing. No CIM circulated to 200 strangers. No teaser blasted to a broker email list. Your team, customers, and vendors don't have to know anything until the deal closes.

Acquisition Criteria

Is your business a fit?

We don't acquire everything. We look for businesses with real customers, real revenue, and untapped operating levers. Here's where we play — for both the Sell and Partner paths.

We're likely a fit if…

  • Annual revenue between $250K and $5M
  • SaaS, e-commerce, agency, content site, or recurring-service business
  • Operating 2+ years with a stable customer base
  • U.S. or Canada based, English-speaking ops
  • Ready to step back (Sell path) or hand the wheel to an operating partner (Partner path) within 90 days
  • At least one marketing or distribution lever sitting underused
  • You'd rather get paid twice with upside than scrape for a low cash multiple once

One set of criteria, two paths: if you fit, you fit for either Sell or Partner. The structure flexes — the underwriting doesn't.

We're probably not a fit if…

  • You need 100% of proceeds in cash at close
  • The business is pre-revenue or below $250K/year
  • Heavily regulated industry requiring specialty licenses we can't transfer
  • Brick-and-mortar with high physical-asset dependence (restaurants, gyms, retail)
  • Owner is the entire P&L (1099 consulting, personal-brand only)
  • You want a strategic buyer paying a strategic premium
Concrete Protections

How sellers are protected.

No branded framework. Just the deal-mechanical protections we use on every transaction — escrow, third-party servicing, performance deposits where they apply, and a confidentiality posture that starts at the first call.

🔒

Closing held in escrow

Funds and signed documents move through a third-party escrow. Nothing transfers until both sides have signed and the wire is confirmed.

📋

Professional note servicing

When the structure includes monthly notes, servicing runs through a third-party administrator with institutional reporting and tax documentation. You get a 1099-INT, not a Venmo receipt.

🏦

Performance deposit (where it applies)

On qualifying deals, a portion of consideration is held independently as a performance deposit. Specifics negotiated deal-by-deal and documented at close.

🤐

Confidentiality from first contact

NDA on day one. No public listing. No CIM circulated to 200 strangers. Your team, customers, and competitors learn nothing until you decide.

These protections are operational mechanics confirmed in the binding transaction documents at close. Specifics — including escrow agent, servicing administrator, performance deposit amount and triggers, and confidentiality terms — are deal-specific. Nothing here constitutes insurance, a fiduciary guarantee, or a security.

How the Process Works

From first call to wire — in about 60 days.

No 14-month broker engagement. No glossy CIM circulated to strangers. A clean four-step process designed for owners who'd rather get to a real answer fast.

1
📞

Talk · Days 1–7

A 30-minute call. We learn the business, the numbers, what you want. You learn how we work. NDA on day one. Nothing leaves the room.

2
📄

Offer · Days 7–14

If we're aligned, you get a non-binding LOI in writing: cash at close, equity carry, and (where applicable) monthly note terms. Reviewed by your counsel before anything is signed.

3
🔎

Diligence · Days 14–45

We do our own work — financial review, customer concentration, vendor contracts, traffic and product metrics. You answer questions; you don't hire a banker.

4

Close · Days 45–60

Purchase agreement and (where applicable) promissory note signed through escrow. Cash wired. Performance deposit funded where the deal calls for it. Handover on your timeline.

Side By Side

Your Exit Options, Compared.

Not every option is wrong for every business — but most owners end up choosing between bad options because they didn't know a structured buyout was available. Here's the honest comparison.

Feature SellFi Acquisition Business Broker Cash Buyer / Search Fund Wind Down
Time to Close 45–60 days 9–14 months 6–12 months 3–6 months
Cash at Close 25–40% Full (if it closes) Full Asset scrap value
Total Proceeds Maximized over time Market less commission 60–80% of value Fraction of value
Upside on Future Growth Equity carry (10–20%) None None None
Operating Playbook Deployed Post-Close Full playbook N/A — broker leaves Buyer's call No operator
Messy Books OK Yes Requires clean P&L Requires QofE N/A
Earnout / Stay-On Required Optional Often required Typically 2–3 years N/A
Confidentiality Fully private Listed via CIM Targeted outreach Public
Risk of Deal Falling Through Low (we close) High (70%+ die) Moderate N/A
Fees to You $0 10–12% commission Banker fees common Legal + wind-down costs
From Owners We've Worked With

What Founders Say After Closing.

These are people who had tried — really tried — to sell. Brokers, listings, cold inquiries from strangers. None of it worked. Until they took a different route.

★★★★★
"They didn't flinch at my books."
I'd had two LOIs die in diligence because my QuickBooks was a war crime. SellFi looked at it and said "we'll figure it out, that's our job, not yours." Closed 51 days later. I'm getting a check every month, and my equity piece kicks in if they ever sell it.
D
Devon R.
Sold a B2B agency · $1.4M revenue
★★★★★
"My broker had it listed for 11 months."
Eleven months. Three buyers. All tire kickers. SellFi did an intro call on a Wednesday and had an LOI in my inbox the following Friday. The monthly note alone is more than I was paying myself as the owner. I don't have to think about the business and the checks still come.
M
Maria T.
Sold an e-com brand · $2.1M revenue
★★★★★
"The equity carry was the unlock."
A cash buyer offered me $600K. SellFi offered $300K up front, monthly notes, and 15% of the next exit. Three years in, they've doubled revenue with their marketing playbook. If they sell at the multiple they're talking about, my carry alone is worth more than the original cash offer.
K
Kevin S.
Sold a SaaS · $780K ARR
Common Questions

What founders want to know.

What's the difference between Sell and Partner?
Sell is a full exit: we acquire the business outright, you step back inside 90 days, you get cash at close and an equity carry on the next sale — plus monthly notes if the deal is structured that way. Partner is a structured investment: we take a controlling stake, deploy capital and the operating playbook, and unlock funding the bank wouldn't give you. You stay involved and share the upside long-term. Same underwriting — different structure.
How do you actually add value after you take over?
A portfolio of operating levers, applied where they fit. Operating overhaul rebuilds workflows so the business runs without the owner. Growth deployment activates the marketing channel the prior team didn't have time for. Books and packaging turns the business into something the next buyer can underwrite in weeks, not months. Modern operating stack applies automation and AI where they move the number. Funding access unlocks capital the bank wouldn't. Roll-up upside kicks in when there's a vertical play. Not every lever fits every business — we run the ones that do, and that premium on the next exit is what funds your equity carry.
How is this different from seller financing with a random buyer?
A typical seller-finance buyer is a single undercapitalized individual who wants to pay nothing down and rides on your back if things go sideways. SellFi is an operating company with a portfolio, dedicated capital, and a written playbook we deploy against every acquisition. Closings run through third-party escrow; monthly notes (when structured) run through professional third-party servicing with institutional reporting. The structure looks like seller-finance — the substance is institutional.
What if a deal includes monthly notes and you stop paying?
When notes are part of the deal, servicing runs through a third-party administrator — payments are processed and reported independently, not based on a Venmo cadence. On qualifying deals, a performance deposit is held outside our operating cash. And the note itself is secured by the business; if obligations weren't met, ownership returns to the secured party under the documented terms. The protection is in the deal mechanics, not in a brand promise.
Do I have to stay on after the sale?
No. We prefer 30–90 days of consulting access to make the transition clean — it isn't a traditional earnout where your money is held hostage. Once we close, the cash is wired and (where applicable) the note is signed through escrow. If you want to be done on day 91, you're done. Your equity carry on the next exit stays intact either way.
How is the equity carry actually structured?
You retain a non-voting equity interest (typically 10–20%, deal-specific) in the acquired entity. When SellFi later sells or recapitalizes that business, you get paid your share of the net proceeds at the higher valuation. This is in addition to the cash at close — it's a second payout, not a substitute. Most founders never get a second check. With us, you do.
What kinds of businesses do you actually buy?
SaaS, e-commerce, digital agencies, content sites, recurring-service businesses (HVAC, lawn care, cleaning, pool routes, MSPs), niche e-learning, productized services, and Amazon FBA brands. Revenue range is $250K–$5M. We avoid restaurants, brick-and-mortar retail with heavy inventory, heavily regulated industries, and pre-revenue businesses. If you're unsure, submit anyway — we'll tell you within 48 hours.
How do you value my business?
For most deals, valuation is a multiple of seller's discretionary earnings (SDE) or recurring revenue, adjusted for owner add-backs, customer concentration, growth trajectory, and the durability of the cash flows. SaaS: ARR and net revenue retention. Agencies: gross profit and client tenure. E-com: contribution margin and channel diversification. The structured deal isn't a lower valuation than a cash deal — it's the same valuation, paid differently, with upside.
Will my team and customers know?
Not until you decide. The entire diligence and closing process runs under NDA from the first call. Most owners notify their team 1–2 weeks before close and customers 30 days after close, with a co-written announcement designed to keep retention high. Your call. We make sure nothing leaks from our side.
What does it cost me to explore this?
Zero. No fees, no retainers, no charges from SellFi at any stage — including diligence and close. You pay your own attorney to review the final documents (we'd insist on it), but everything else is on us. If we close, the structured offer is what you get. If we don't, you've lost a few hours of conversation.

Most businesses never exit.
Find out if yours can — twice.

Submit your business in under 3 minutes. If we're a fit, you'll have a call on the calendar within 48 hours and a written offer within 14 days. No fees. No public listing. No obligation.

Which path fits you?
Fully confidential · No broker fees · Response within 48 hours
Most businesses don't exit once. We let you exit twice.
See if you fit →