At 1460 we are committed to transitioning your legacy as if it were our own.
Who We Are
1460 is a privately-funded team of two owner-operators seeking a profitable small business. With over 50+ years of combined experience leading and supporting family and founder-led businesses, we have an entrepreneurial spirit and track record of building strong teams and high quality company cultures. We work with business owners to transition their legacies to the next generation with a goal of maintaining and growing their business for the long term.
We share a deep passion for community engagement and employee professional development. We are not a private equity firm or strategic buyer and are not constrained by exit timelines or margin goals.
The 1460 Difference
We are employee-first buyers committed to engaging in a growth strategy designed to reward employees financially and professionally. We intend to provide an opportunity for equity ownership for key management, a profit-sharing plan for employees, and professional development opportunities for your team.
We have bought, sold, and led consolidations. We know the importance of choosing the right buyer and what happens when you don’t. The sale process can seem long, frustrating and annoying and we intend to leverage our experience to support as seamless of a transition as possible. We work collaboratively with sellers to identify and avoid transactions pitfalls. We have a team of advisors ranging from industry experts to executive coaches to support the transition process when needed.
We are committed, long-term investors who will create an employee-centric work environment for your team. We are pre-qualified for an SBA loan, have post-close capital reserved for business growth, and strategic capital in the event of need. And most importantly, we are not all talk. When we meet with you we will discuss specifics of how we intend to achieve the outcomes listed above.
Acquisition Criteria ❊
We seek to acquire businesses with some or all of the following:
Located in California or Florida
01$300k to $2mm EBITDA
02Track record of consistent revenue and profitability
03Sellers seeking liquidity and to reduce their day-to-day involvement
04Sellers looking for fully-committed local buyers that will preserve and grow their legacy
05Sellers looking for a smooth transition for their team with minimal business disruption and professional growth opportunities for staff
06Deal Team
In addition to our strategic advisors, we are pleased to have assembled a best-in-class deal team that will help provide certainty of execution upon acceptable terms.
Heather Endresen ❊
SBA Pre-Approval & Support
Viso Business Capital
Michael Mcintosh ❊
Specialized Accounting Services (SAS)
Tax Advisory
Jerry Zhou ❊
Partner
Hood & Strong