Individual Buyer in Manila Looking to Buyout Technology and Professional Service Businesses Upto PHP 30 million

I am a lawyer in the Philippines. I am the solo owner of a boutique technology law firm and a legal technology company. Both companies are profitable and I would like to use the profits to purchase a business according to my established criteria.
I do corporate due diligence for a living so I am prepared to close a deal quickly provided I like the business and the deal terms offered.

Acquiring / Buying a Business

1. Essential criteria.
2. Selling for at most 3x to 5x owner earnings or 2x to 3x Net Income.
3. 30% gross profit margin.
4. High recurring revenue (at least 50% of income)
5. High free cash flow (20% free cash flow after factoring in capital and operating expenditures)
6. Not retail (no franchise, no F&B, no shops, no gyms, no laundry machines)
Preference.
7. Niche product or service.
8. Slow growing industry.
9. Seller with strong reason for selling.
10. Asset sale.
11. Service business is a plus but not a requirement as any industry works.

• Connected with 2 businesses
• Received 3 proposals
• Earlier than 15 days

  Received a proposal from For sale: Cloud-based dental practice management software optimizing patient management, scheduling, invoicing, and clinic operations.
• Earlier than 15 days

  Received a proposal from Handyman services app soon to be launched backed by experienced promoter seek investment.
• Earlier than 15 days

  Received a proposal from Business providing turnkey telecom project solutions serving government clients wants to sell the business.