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Michael Girdley (@Girdley) , Mills Snell (@thegeneralmills), and Bill D’Alessandro (@BillDA) discuss a very cheap Mobile Pump Out Business in Washington State. We will get a deep dive into how this deal works and why this deal is so cheap. We will also consider if this business has a chance to increase its charges considering the number of competitors in the field.
Moreover, we would like to talk about how this business can double its revenues. Lastly, we will be figuring out some funny yet interesting strategies or schemes this business can do to make more money than they are making today.
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Thanks to our sponsor!
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Fuel the growth of small businesses across the country; bank with Live Oak Bank.
You can contact Heather Endresen, Director & Founder at heather.endresen@liveoak.bank. Mention this podcast in the subject line and ask her about office hours to get in touch.
*Live Oak Bank is the #1 SBA 7(A) Lender. The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2021.
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Show Notes:
(00:00) - Introduction
(00:45) - Our Sponsor is Live Oak Bank
(01:53) - Deal & financials: Mobile Pump Out Business
(06:10) - What is included in the deal? What are they selling?
(08:07) - Is there pricing power here?
(08:58) - When do they make the bucks?
(10:38) - What is Bill’s first move when he buys the Business?
(11:35) - Would we buy this for our kids?
(15:28) - How do you double revenues in a Mobile Pump Out Business?
(16:10) - What’s a Funny yet Interesting Strategy for this Business?
(17:00) - What is the Cookie Company war in Utah?
(19:00) - Who’d buy this?
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