Primary target
Established, fundamentally sound operating businesses.
Owner situation
Strong preference for owners considering retirement, succession or another genuine transition.
Geography
Location matters to underwriting, but XitSource does not use a rigid geographic boundary.
Industry
Industry-agnostic. Existing XitSource categories are areas of interest, not a closed list or fixed mandate.
Cash flow
Existing, supportable cash flow is preferred. No public universal revenue, SDE or EBITDA minimum is being claimed.
Economics
The acquisition must work on its actual economics. Deal size by itself is not a reason to pursue or reject an opportunity.
Modernization potential
Preference for opportunities where systems, technology, automation, AI, marketing, reporting or operating processes can improve performance without damaging what already works.
Transferability
Customer relationships, employees, know-how, licenses, vendor relationships and operating processes should be reasonably transferable beyond the seller.
Owner dependence
Owner involvement is acceptable when there is a realistic transition plan and the business can become less dependent on one person.
Capital structure
Potential financing includes SBA loans, seller financing, outside investor capital, or combinations appropriate to the transaction.
Real estate
Real estate can be part of a business acquisition or evaluated selectively when its economics support the operating thesis.
Post-close strategy
Long-term ownership or eventual resale may both be appropriate. The plan is determined case by case rather than by a fixed hold period.
Business condition
Preference is for sound businesses with improvable systems rather than companies whose economics depend on a speculative turnaround.
Timeline
No universal closing period is promised. Timing depends on diligence, financing, legal documentation, third-party approvals and transaction complexity.
The categories on this site are examples, not boundaries
Laundromats, self-storage, manufactured housing, workforce multifamily, RV parks and service businesses are useful areas of study. A business in another industry can be more compelling when its fundamentals, transition, modernization opportunity and economics are stronger.