General
Manufacturing and industrial services
Understandable operations
One or two locations
Established and retained sales channels

Market and Industry
Ability to grow the top line internally
Recurring distribution channels
Diversified suppliers and customers
Low levels of government regulations

Financial
Sales between $2M and $10M
Stable and profitable core business

Not Interested
Turnarounds
Bankruptcies
Early stage investing
Lending
General contracting
Liquor distribution