Selling a Business for 5x a Year After Buying It

October 4, 2022
Listen in Apple Podcasts appListen in SpotifyListen in Apple Podcasts appListen in SpotifyRSS address of the Acquiring Minds podcast feed
S

umana Sanjeeva bought an ecommerce business, then sold it one year later for over $5.5m, 5 times what she paid for it.

What an incredible return.

And if that weren't enough... Sumana was a novice.

She'd never even seen inside Amazon's Seller Central before taking the reins of her newly-acquired FBA business.

But as you'll hear, Sumana made a few wise, deliberate decisions that belied her inexperience in ecom and proved fundamental to her success.

Another element to Sumana's story:

She had owned 3 franchise locations before getting into ecommerce, so we delve into her thoughts on brick & mortar vs. ecommerce (a topic I chew on myself a lot).

And lastly, this is an immigrant success story.

Sumana and her husband arrived in the U.S. 25 years ago with 70 dollars between them.

From that, to acquiring & then selling a business for over 5 million dollars. Not bad!

Please enjoy my conversation with Sumana Sanjeeva:

Sponsors

Oberle Risk Strategies logo

August Felker is a 2-time successful searcher — first with a traditional search fund; the second time around, he did a self-funded search.

Today August runs Oberle Risk Strategies, an insurance firm with a dedicated practice group for searchers and acquisition entrepreneurs like you.

If you've got a business under LOI, Oberle will provide complimentary due diligence on that business's insurance and benefits program. A great, no-risk way to get to know August & team.

They love helping searchers; they've worked with hundreds. Oberle is a specialty insurance brokerage for searchers, by a former searcher.

Check out the Search Fund Team at Oberle.

Read MoreStories

Selling a Business for 5x a Year After Buying It

Sumana Sanjeeva got into ecommerce by chance. 3 years later, she's acquired 4 ecom businesses & sold one for over $5m.

Key Takeaways

Introduction

Listen to the introduction from the host

umana Sanjeeva bought an ecommerce business, then sold it one year later for over $5.5m, 5 times what she paid for it.

What an incredible return.

And if that weren't enough... Sumana was a novice.

She'd never even seen inside Amazon's Seller Central before taking the reins of her newly-acquired FBA business.

But as you'll hear, Sumana made a few wise, deliberate decisions that belied her inexperience in ecom and proved fundamental to her success.

Another element to Sumana's story:

She had owned 3 franchise locations before getting into ecommerce, so we delve into her thoughts on brick & mortar vs. ecommerce (a topic I chew on myself a lot).

And lastly, this is an immigrant success story.

Sumana and her husband arrived in the U.S. 25 years ago with 70 dollars between them.

From that, to acquiring & then selling a business for over 5 million dollars. Not bad!

Please enjoy my conversation with Sumana Sanjeeva:

Sponsors

Oberle Risk Strategies logo

August Felker is a 2-time successful searcher — first with a traditional search fund; the second time around, he did a self-funded search.

Today August runs Oberle Risk Strategies, an insurance firm with a dedicated practice group for searchers and acquisition entrepreneurs like you.

If you've got a business under LOI, Oberle will provide complimentary due diligence on that business's insurance and benefits program. A great, no-risk way to get to know August & team.

They love helping searchers; they've worked with hundreds. Oberle is a specialty insurance brokerage for searchers, by a former searcher.

Check out the Search Fund Team at Oberle.

About

Sumana Sanjeeva

Sumana Sanjeeva
Olivia Rhye
Product Designer

Show Notes

Episode Transcript

Show Transcript
Hide Transcript

Listen instead of watch

Register for the live Q&A
Sumana Sanjeeva
on
<date>
Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our policies.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.