01/09/2026
I’d rather buy from a distressed seller than buy a distressed business.
When people talk about buying businesses, they often get obsessed with distressed companies.
I don’t. I want a distressed seller.
A distressed business can be a nightmare. HMRC problems, lawsuits, broken systems, crap margins, declining revenue, staff issues, customer concentration, all the usual fun.
That doesn’t mean you can’t buy one. But you need to know exactly what you’re doing. And most people don’t.
A distressed seller is different.
The business might be perfectly good. Profitable. Stable. Strong customer base. Decent team. Plenty of life left in it.
But the owner needs to sell.
They might be tired. Ill. Going through a divorce. Getting older. No succession plan. Lost interest. Hit the ceiling. Sick of carrying the thing.
That creates opportunity.
Not because you’re taking advantage of someone, but because better asset allocation creates value.
If the current owner no longer has the energy, capital or appetite to grow the business, it may be better in someone else’s hands.
They get money off the table.
The business gets a new lease of life.
The employees get a future.
The buyer gets the upside.
That’s a proper deal.