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Podcast: The Numbers Game
Episode: Why Young Aussies Are Buying “Boring” Businesses Instead of Property
Description: More young Australians are choosing to buy “boring” small businesses instead of investing in property. In this episode we look at a young couple who bought a 29-year-old fabrication business and turned it into a highly profitable asset, and we break down how profit, valuation multiples, succession gaps and efficiency improvements can create serious wealth for the right buyer.On this episode, we discuss:(00:00) Intro(01:07) Why Young Australians Are Buying Businesses Instead Of Property(01:25) The Rise Of “Boring Businesses” And Why They’re So Profitable(03:05) How A $2.5M Fabrication Business Generates $500K Profit