
$15 million / year renting cars! - Acquisitions Anonymous 205
Acquisitions Anonymous - #1 for business buying, selling and operating
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The Long Tenured Succession Agreement
It's obviously it's very stable other than an event like COVID. Long tenured successors trained to take over owners roles. No customer concentration. Your labor force is probably pretty stable, I'm guessing. They live there and this is their job. And so I'm probably not having a lot of competition for that labor. There's some good things here. The biggest question we need to dig into is they've only showed us adjusted to EBITDA here. That is the biggest like flashing yellow light that I need to actually go look at how much cash to this business truly generate.
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