A $5mm tent rental company for colleges - Acquisitions Anonymous 178
Acquisitions Anonymous - #1 for business buying, selling and operating
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The Mystery of a Tent Rental Business
Tucker Carlson: So this business has $3 million in sales, half a million in EBITDA, and they want $5 million for 10 times. There's not. Immediately I'm going, either the pricing expectations totally whack, but very often that's usually not it. The owner also owns 25,000 square feet of warehouse space that houses the company's primary assets, tents, chairs, tables and party equipment. No seller financing will be considered only a fraud consideration; maximum 10 to 15% sellers equity deferred for one year.
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