DescriptionBudget: Looking for a business acquisition with an entry cost of $200,000 or less.
Operational Involvement: Prefer a passive role, with minimal day-to-day involvement.
Management Structure: Want to hire managers and employees to handle daily operations.
Search Status: Just starting the search and exploring available options.
Valuation Preference: Seeking businesses with a price multiple of 3x cash flow or less.
This setup favors businesses with strong cash flows, manageable complexity, and reliable staff.