Stay ConnectedJump into the world of business acquisitions with hosts Bill D’Alessandro, Mills Snell, Heather Endresen, and Michael Girdley.
We review real businesses for sale in each episode, providing expert insights, strategies, and tips to make savvy business moves like the pros. Perfect for entrepreneurs, investors, and anyone interested in buying and selling businesses.
Copyright: © 2024 Acquisitions Anonymous - #1 for business buying, selling and operating
Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills) talk about a Non-Union Heavy Civil Excavation Contractor in Michigan. We dig into the operations, CapEx dynamics that you should consider, and we dig into the Union vs Non-Union tradeoff.
Would we buy this? Tune in to find out.
Company: Non-Union Heavy Civil Excavation Contractor
Location: Michigan
TTM Revenue 09-22 - $ 10,213,927 | Adj EBITDA 09-22 - $ 3,142,246
Equipment value $ 4,000,000 | Real Estate Value $ 700,000
Asking Price: Undisclosed
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Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
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Show Notes:
(00:00) - Introduction
(00:55) - Our Sponsor is CloudBookkeeping.com
(02:28) - Deal & financials: Non-Union Heavy Civil Excavation Contractor in Michigan
(03:15) - What is water skiing?
(03:53) - How does this deal work?
(05:29) - Red flag. Is it a deal-breaker?
(06:44) - What are our first thoughts?
(08:33) - Mike’s take on this deal
(09:49) - Why should we give this deal a shot? Mills’ take
(11:44) - What are the operative dynamics around the heavy equipment part of the CapEx?
(15:00) - Why is this business easier to run when interest rates are lower?
(15:50) - Are Unions that bad? What are the ups and downs of Union involvement?
(21:41) - How much involvement is required from the owner in contractor based- businesses?
(25:06) - What’s the catch with C-Corps & S-Corps and Real Estate? Is the hype to flip your company to an S-Corp advantageous?
(26:30) - What fees should you pay to avoid future problems?
(28:30) - Would we buy this?
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Additional episodes you might enjoy:
#158 - $1.2mm revenue Court Maintenance Company for Sale!
#157 - Make a $1mm/yr with a Language School
#156 - 60% Profit Margin Amazon Online Community for Sale
#155 - A $3mm profit-a-year water delivery business!
#154 - A Truck Driver School for sale in Texas
#152 - Should we buy this Ambulance company?
#150 - Let’s buy a medical staffing business
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills) talk about a sports surface company that is for sale in New Hampshire. The company has served clients for decades and is known for its quality and expertise. We’ll review the revenue numbers, operations, and our guess on key employees. Lastly, we discuss why it is a booming business right now and some incredibly creative strategies to grow it remotely. Mills has some fantastic ideas he's picked up by running his firm.
Company: Premier Sports Surface Company for Sale
Location: New Hampshire
Stated Financials: Gross Revenue:$ 1,239,387 | Cash Flow:$ 519,735
Asking Price: Receiving offers
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Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:30) - Our Sponsor is CloudBookKeeping.com
(02:45) - Deal & financials: Premier Sports Surface Company for Sale
(04:16) - Who’s the Broker again?
(05:09) - Is it home-based and relocatable?
(07:00) - Why do we like it? What might operations look like?
(10:30) - The elephant in the room
(13:10) - Does @girdley have Vermont vibes?
(16:02) - Why does @BillDA like it?
(20:41) - Would we buy it? How much would we pay for it?
(21:13) - Is there a buy vs. build conversation here?
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Additional episodes you might enjoy:
#157 - Make a $1mmyr with a Language School
#156 - 60% Profit Margin Amazon Online Community for Sale
#155 - A $3mm profit-a-year water delivery business!
#154 - A Truck Driver School for sale in Texas
#152 - Should we buy this Ambulance company?
#150 - Let’s buy a medical staffing business
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) talk about a 38-year-old Language School located in Houston, Texas. We talk about how this business works in-depth. This business has a tailwind situation due to its location and a state-imposed Moat. We will also find out what about this company's customer service and marketing makes it stand out from the competition. Lastly, we will give our verdict.
Company: 38-year-old Language School
Location:TX
Stated Financials:$ 1M EBITDA | $ 3,800,000 Gross Revenue
Asking Price:$ 4,000,000
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:30) - Our Sponsor is Cloudbookkeeping
(01:57) - It's Girdley’s birthday! Friendly banter
(03:20) - How do language learning classifications work?
(07:25) - Deal & financials: 38-year-old Language School
(09:09) - What do we think about this deal?
(09:35) - Is it true that people in America are very interested in personal development?
(11:49) - Why is location so important for this business?
(15:18) - How hard is it to get a license in Texas?
(17:45) - Are these licenses transferable?
(18:49) - What makes this business so attractive from a customer and marketing perspective?
(22:52) - Why should you have your accounting audited?
(25:20) - What happens to industries that get regulated?
(26:34) - Should we prefer virtual or in-person learning environments?
(29:55) - Do we like this deal?
(30:28) - What’s very inspiring about having a school like this?
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Additional episodes you might enjoy:
#156 - 60% Profit Margin Amazon Online Community for Sale
#155 - A $3mm profit-a-year water delivery business!
#154 - A Truck Driver School for sale in Texas
#153 - Will Bill buy this company for Girdley’s Christmas present?
#152 - Should we buy this Ambulance company?
#150 - Let’s buy a medical staffing business
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Want to receive this listing in your inbox? Signup for our weekly newsletter:
https://www.getrevue.co/profile/acquanon
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Michael Girdley (@girdley), Bill D’Alessandro (@BillDA) and Mill Snell (@thegeneralmills) discuss an Amazon Sellers Mastermind, a membership base that drives recurring revenue.
We talk about the business model and where the value is. Bill shares his experience with his eCommerce Fuel, and Mill stresses the significance of joining a community from the beginning. Finally, we will learn the justifications behind our final verdict.
Company: Amazon Sellers Mastermind
Location: US-Based
Stated Financials: CF: $ 426,646 | Gross Income: $ 821,812
Asking Price: $ 1,280,000
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:38) - Our Sponsor is Cloudbookkeeping
(02:08) - Deal & financials: Amazon Sellers Mastermind – Membership Base Drives Recurring Revenue
(02:50) - What does Mastermind mean?
(03:58) - What do we think about the idea of Mastermind?
(08:23) - Why not refer to your employees or customers as a family?
(13:59) - What is the trouble with the customers for this deal?
(15:44) - Do these people have a reason for selling?
(20:59) - What would make us pursue this deal?
(23:34) - What are the positive aspects of this deal?
(26:40) - How do association management groups help small companies?
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Additional episodes you might enjoy:
#155 - A $3mm profit-a-year water delivery business!
#154 - A Truck Driver School for sale in Texas
#153 - Will Bill buy this company for Girdley’s Christmas present?
#152 - Should we buy this Ambulance company?
#150 - Let’s buy a medical staffing business
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Want to receive this listing in your inbox? Signup for our weekly newsletter:
https://www.getrevue.co/profile/acquanon
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Michael Girdley (@Girdley), and Mills Snell (@thegeneralmills) talk about a deal we liked: A Drinking Water Delivery Service based in Texas.
We dig into how this business operates, potential challenges on the customer side, head & tail winds, and Location based risks.
How do Power Law returns work for PE and our day-to-day? What are our thoughts on the Capital Expenditure budget for this company? Learn more about this deal as you listen to this episode.
Company: Drinking Water Delivery Service
Location:TX
Stated Financials:$3M - SDE | $5M - FF&E | $6.5M Gross Revenue
Asking Price:$18M
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(01:17) - Our Sponsor is CloudBookkeeping
(02:44) - Catch up with Mike and Mills
(03:52) - Deal & financials: TX Drinking Water Delivery Service - $3M SDE
(07:02) - What does this company do?
(08:26) - What is the customer base risk associated with this deal?
(10:54) - How do we think about CapEx for this business?
(13:32) - What is the catch with Oil Field companies?
(15:32) - How do Power Law return work for PE and our day-to-day?
(21:05) - What is the location risk associated with this deal?
(22:58) - What’s so interesting about the cemetery business?
(23:47) - We’re looking for $3 to $5M in SDE/EBITDA businesses, send ‘em over!
(26:21) - How stable can this business be on a day-to-day basis?
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Additional episodes you might enjoy:
#153 - Will Bill buy this company for Girdley’s Christmas present?
#152 - Should we buy this Ambulance company?
#151 - Should we buy this Pot Business Credit Card Processor?
#150 - Let’s buy a medical staffing business
#149 - Is this car spinner business a good side hustle?
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Want to receive this listing in your inbox? Signup for our weekly newsletter:
https://www.getrevue.co/profile/acquanon
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Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) talk about a CDL (Commercial Driver’s License) Training and Education Center in the state of Texas. Most students who earn their Class A CDL and graduate will go on to work in over-the-road (OTR) trucking. This indicates that they travel greater distances, log more miles, and typically drive across the United States. As a result, their wages are the highest of any class of truck drivers.
We will be discussing important key points such as the current situation of CDL Drivers, transferability, and the current line of business competition.
Company: CDL Training and Education Center
Location: Texas
EBITDA: $973,000
Asking Price: $2,400,000
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:31) - Our Sponsor is CloudBookKeeping
(02:33) - Deal & financials: CDL Training and Education Center
(05:54) - What do we like about this deal and the business model?
(07:41) - Why is this a double-edged sword?
(09:49) - Why is the location so important for this deal?
(11:34) - How do you source new clients for this business?
(14:54) - What is the current situation for CDL drivers?
(17:32) - What do we like about the capital expenditures and maintenance around the assets?
(18:24) - Are there concerns when thinking about owner transferability?
(19:32) - How do we think about the market and competition?
(20:41) - What would Bill investigate to scale this business?
(22:50) - Let’s discuss the Build vs Buy options!
(26:58) - How important is maintenance?
(29:39) - What is our verdict for this deal?
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Additional episodes you might enjoy:
#153 - Will Bill buy this company for Girdley’s Christmas present?
#152 - Should we buy this Ambulance company?
#151 - Should we buy this Pot Business Credit Card Processor?
#150 - Let’s buy a medical staffing business
#149 - Is this car spinner business a good side hustle?
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Want to receive this listing in your inbox? Signup for our weekly newsletter:
https://www.getrevue.co/profile/acquanon
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Michael Girdley (@girdley), Bill D’Alessandro (@BillDA), and Mill Snell (@thegeneralmills) talk about a very profitable firing range with 25% Profit Margins in North Carolina.
We discuss the perks and benefits of operating one of these businesses and the importance of owning a Federal Firearms License.
We will also dig into the value of this deal and how this company staffs its locations, considering the seasonality and its relationship to the asking price.
Company: Very Profitable Gun Shop and Shooting Range
Location: Carteret County, NC
Asking Price: $388,000 | Cash Flow: $140,000
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:29) - Our Sponsor is CloudBookkeeping
(02:48) - Deal & financials: Very Profitable Gun Range with 25% Profit Margins
(04:32) - What’s so interesting about this deal?
(05:33) - What do we think about this deal?
(06:30) - How would we approach the lease situation?
(07:06) - Will this business last?
(08:29) - Why is a Federal Firearms Licensees (FFL) license important in this business?
(10:20) - Why does Bill think this is a coupon-style business?
(10:37) - What does the listing tell us about the Seller?
(12:51) - How is this business protected from institutional buyers?
(15:11) - What do we think about the staffing and seasonality for this location?
(15:55) - Tip for buying a business in the Firearms Industry
(18:47) - Would we buy this?
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Additional episodes you might enjoy:
#151 - Should we buy this Pot Business Credit Card Processor?
#150 - Let’s buy a medical staffing business
#149 - Is this car spinner business a good side hustle?
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Want to receive this listing in your inbox? Signup for our weekly newsletter:
https://www.getrevue.co/profile/acquanon
-----
Michael Girdley (@Girdley), and Bill D’Alessandro (@BillDA)talk about an established ambulance service. We investigate how this service differs from the conventional ambulances provided by hospitals. We also dig into this business’s location to understand its significance in this location.
We will also determine whether this item passed the Private Equity Test, which customers are the most crucial to this transaction's success, and discuss how the business relationships outside the United States are distinct from those within the country.
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:20) - Our Sponsor is CloudBookKeeping
(01:48) - Catch up with Mike and Bill
(03:44) - Deals and Financials: Established Ambulance Service
(05:16) - How does this business work?
(06:58) - Where is this business located, and why is it important?
(10:30) - What do we think about the financials?
(12:55) - Why has PE passed on this deal?
(15:54) - Who are the most important clients for this deal?
(16:33) - What is Girdley’s #1 tip to learn about an industry?
(18:12) - What is Bill’s advice for people interested in this deal?
(20:28) - Why does the IRS try to ban country club memberships as business expenses?
(22:06) - How are business relationships outside the US different from inland?
(27:46) - The tricky Costa Rica listing and the “Ditch Risk”
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Additional episodes you might enjoy:
#151 - Should we buy this Pot Business Credit Card Processor?
#150 - Let’s buy a medical staffing business
#149 - Is this car spinner business a good side hustle?
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
#147 - $9.6M EBITDA Florida Armored ATM Services Business
#141 - A very profitable B2B Internet Business in the Petcare Vertical
#140 - Let’s SBA the heck out of this deal - with Special Guest Heather Endresen
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Want to receive this listing in your inbox? Signup for our weekly newsletter:
https://www.getrevue.co/profile/acquanon
-----
Michael Girdley (@Girdley) and Bill D’Alessandro (@Bill) talk about an online medical marijuana card processor. We discuss how this business operates and why the margins are so big. We guess that this business is underperforming, and we explain how we’d go about scaling it up.
Similar to the general licensing requirements, the requirements for obtaining a business license for cannabis are highly variable from one state to the next and even between municipalities. We also talk about the potential risks that would make this business worth zero dollars overnight.
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:34) - Our Sponsor is Cloudbookkeeping
(02:01) - Deal & financials: Medical Marijuana Card Processor
(09:43) - How does this business work?
(10:30) - What do we like about this business?
(12:36) - What are the two things that can happen to this business?
(13:20) - Did the pandemic affect this business?
(14:02) - How big do we think this business is?
(14:41) - Where do the high margins come from?
(15:45) - Where is the value in the revenue structure?
(18:25) - What is a cool strategy competitors can do in this line of business?
(23:16) - What does this business remind Bill?
(24:44) - How do entrepreneurs take advantage of stupid regulations?
(26:43) - What’s the story behind “A dollar for a dollar”?
(32:24) - We like this deal. Who could be a fit as a buyer?
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Additional episodes you might enjoy:
#149 - Is this car spinner business a good side hustle?
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
#147 - $9.6M EBITDA Florida Armored ATM Services Business
#141 - A very profitable B2B Internet Business in the Petcare Vertical
#140 - Let’s SBA the heck out of this deal - with Special Guest Heather Endresen
-----
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
Want to receive this listing in your inbox? Signup for our weekly newsletter:
https://www.getrevue.co/profile/acquanon
-----
Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills) talk about a Medical Industry Staffing Company.
Staffing agencies recruit candidates on behalf of employers to fill team openings and help candidates find career opportunities in their field. We discuss some challenges and difficulties you can experience when running this type of business.
We also determine whether we like this deal, and if it is more cost-effective to build it ourselves or buy it.
-----
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
-----
Show Notes:
(00:00) - Introduction
(00:37) - Our Sponsor is Cloudbookkeeping
(02:15) - Big thanks to our listeners! We got through our 150th episode 😊
(03:22) - Deal & financials: Medical Industry Staffing Company
(05:20) - Do we like this deal? What’s our take on the stated financials?
(06:20) - How does this business work? What’s the potential size of this business?
(10:12) - How do staffing companies work?
(14:12) - What is the major moat for staffing businesses?
(18:20) - What incentive alignment do you need to work out when outsourcing recruitment?
(24:00) - Is there a Bull case for this one?
(26:26) - Does this pass the tailwind test?
-----
Additional episodes you might enjoy:
#149 - Is this car spinner business a good side hustle?
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
#147 - $9.6M EBITDA Florida Armored ATM Services Business
#141 - A very profitable B2B Internet Business in the Petcare Vertical
#140 - Let’s SBA the heck out of this deal - with Special Guest Heather Endresen
-----
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
For inquiries or suggestions, email us at contact@acquanon.com
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