For owners under pressure
A struggling business is not
a worthless one.
Licenses, contracts, people, and reputation survive a bad year. We've bought businesses in distress for $80K and $120K and rebuilt them into $2.5M and $3.3M operators within 24 months — with 27 and 60 jobs where there were nearly none. If your company is under pressure, you have more options than it feels like at 2am.
- Committed capital — proof of funds on request
- NDA before any documents change hands
- Texas-based, buying nationwide
Your realistic options
Three paths out of the pressure
Sell outright (Tier 5)
A clean, fast exit. We understand covenant pressure and liquidity crunches — diligence is efficient, and bridge financing is available post-diligence to stabilize while the deal closes.
Sell control, keep upside (Tier 3–4)
We take the operational weight — accounting, payroll, compliance, vendor negotiations — while you keep a stake in the recovery you know is possible.
Recapitalize and fight on
Sometimes the right answer is capital and a back office, not a sale. A minority investment with hands-on support can be the bridge from bad year to good company.
The one thing that makes every path worse: waiting. Value leaks fastest at the end — key people leave, customers hedge, lenders tighten. A confidential conversation costs nothing and creates no obligation.
Straight answers
Can I sell a business that is losing money?
Yes. Distressed businesses sell every day — for their licenses, contracts, customer relationships, equipment, workforce, or turnaround potential. The price reflects the work required, but "losing money" and "worthless" are very different things.
What is a distressed business worth?
It depends on what survives the distress: licensure and certifications, recurring contracts, a trained workforce, and brand. Asset-poor but license-rich businesses can transact for five figures and be rebuilt into seven-figure operators — we have done exactly that, twice.
How fast can a distressed sale close?
Faster than a healthy one, when the buyer knows what they are doing: expect weeks, not months. NeoNox can provide bridge financing after diligence and has closed distressed acquisitions in under 60 days.
Will my employees lose their jobs?
Not if the buyer’s plan is to operate rather than liquidate. Our two distressed acquisitions went from roughly zero staff continuity to 27 and 60 jobs respectively within 24 months — rebuilding the team is the turnaround.
Should I file bankruptcy or sell?
Talk to a licensed attorney about your specific situation — but know that a sale (even a partial one, with bridge financing) is often faster, quieter, and leaves more on the table for you than a filing. Get both options priced before deciding.