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A teaser is advertising. Tax returns are the business. We help operators and families find a company that matches how they actually want to work, then underwrite it before anyone spends diligence money.
Tell us what you want to ownPublic marketplaces are full of companies that have been shopped, overpriced, or quietly dying. Some of the better files never appear there at all. We look at what is on the market, what is off-market, and what an owner would consider if the right buyer called.
You do not need fifty teasers. You need two or three companies whose customers, geography, and owner-dependence you can live with, at a price a lender will fund.
If you already have a target, we will underwrite it. If you do not, we will help you write a short brief: industry, size, North Florida or further, owner-operated or with a manager, real estate or lease. Then we search.
How we underwrite
Three years of returns, the interim, and bank statements. If the seller will not produce them under NDA, there is no deal. We do not argue with a CIM that the returns contradict.
Owner benefits, family payroll, personal vehicles, one-time items. We recast in both directions: what the owner took out, and what a new owner would have to put back in to replace them.
One customer, one employee, one landlord. Any of the three can kill a purchase. We read the lease, the licenses, and the backlog before anyone talks about a multiple.
If real estate is in the deal, it is a second transaction sitting inside the first. Florida licenses, surveys, and environmental are not surprises we leave for closing week.
Cash, bank, SBA, seller paper, earnout. Each one changes the price you can pay and the risk you keep. We will not let you win a bid you cannot fund.
Customers, vendors, and the crew. If the company only works because the seller still takes every call, the purchase price has to reflect a transition, not a fantasy of walking away in thirty days.
The after-tax cost of a purchase is the price, minus the basis you can depreciate or amortize, plus the tax you will pay on how you took the deal out. Two letters of intent at the same headline can leave very different amounts in your pocket.
We read the allocation like CPAs: what is goodwill you recover slowly, what is equipment you can actually write off, what is a building, what is a seller consulting agreement that is really compensation. If the seller wants all goodwill and you need basis in the trucks, that is a negotiation, not a surprise when the IRS sees the split.
Structure is how buyers keep more. We will say so before you spend diligence money. Foundry is not your tax-opinion letter. We are the people in the brokerage seat who already know what that letter will have to say.
We do not tour a company on a Saturday because it “feels right.” NDA, financials, a conversation with the seller we have prepared you for, then a letter of intent that says price, structure, diligence period, and what happens to working capital. Vague letters make expensive diligence.
Diligence is not a fishing trip. It is a list: quality of earnings, contracts, employees, litigation, tax, equipment, and the lease. If something material breaks, the letter should already say what happens.
We coordinate with your lender and your attorney. Foundry is not your bank and not your counsel. We are the people who have already decided whether the file is real.
Public listings, when we have them, live on the listings page. Most of the book does not. If you are a funded buyer with a geography and an industry in mind, write to us. We will not send you every teaser in Florida. We will send you the ones that fit.