ken@nicedayventures.com
(248) 755-1105
About Nice Day Ventures and Ken Wohl
I founded Nice Day Ventures with the pursuit of purchasing a single Southern California business for my family to build and grow for decades to come. I bring the experience and capital to purchase a business with up to $2m in EBITDA or SDE that operates in manufacturing, distribution, or the construction/industrial supply chain.
My 15+ years of entrepreneurial operating experience has given me the opportunity to start, build, and expand businesses across industries, including software, insurance, and construction.
Most recently, I was an early executive at Kojo, the leading materials and inventory management solution for construction contractors, where I built and oversaw the marketing, partnerships, business development, and inbound sales functions. I played a pivotal role in taking Kojo from $400,000 to $7M in annual revenue and growing the customer base to 600 contractors across the US. I was a member of CFMA, NECA, SMACNA, MCA, ELECTRI, and IEC.
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Prior to Kojo, I served a similar role as an early executive at Indio, a software solution for commercial insurance brokerages to streamline manual back office processes. My efforts helped propel Indio from $250,000 in annual revenue to a $220M sale to Applied Systems. In addition to my experience at Kojo and Indio, I've founded and sold two small businesses.
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I was born and raised in Detroit in a family of entrepreneurs and now live with my wife in Manhattan Beach, CA. I still remains a die-hard Detroit Lions fan.
Unique Promise to Business Owners
I deeply understand the effort and dedication that went into building your business and offer an opportunity to monetize and transition your business while preserving your legacy.
Exit Opportunity
I will provide you an opportunity to capitalize on your business while ensuring ongoing continuity.
Flexible Terms
I provide flexible terms focused on your priorities (tax concerns, desire to stay involved, etc).
Long-Term Focus
My goal is to carry on your legacy while prioritizing sustained, long-term growth.
Speed and Confidentiality
I will provide maximum confidentiality and minimum disruption to your business throughout the process.
Roll Up the Sleeves Approach
I am fully committed to dedicating all of my time, energy, and resources to ensure the long-term success of the business.
Experienced Advisors
My advisors bring decades of operational and financial experience. I am pre-qualified by several SBA-preferred banks, including Live Oak to ensure a smooth transaction.
Criteria
I am searching to acquire one Southern California based business with the following attributes:
Size and Location
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$500k - $2M EBITDA
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Southern California
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Experienced team in place
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10+ years in business
Business Type
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Construction or industrial supply chain
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Manufacturing
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Fabrication
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Distribution/Supplier
Business Status
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Owner wants to retire or transition out of day-to-day operations
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Owner is focused on preserving their legacy
Streamlined Process
A straightforward and transparent process from beginning to end.
1. Introduction
Establish familiarity with each other and the business.
2. Pre-LOI
Review and discuss high level business and financial info.
3. LOI
A Letter of Intent summarizing essential deal terms, including the purchase price and deal structure.
4. Diligence
Verifying historical financials and key business information.
5. Close
Execution of the purchase agreement and completion of the transaction.
