In this episode of Acquisitions Anonymous, Mills, Heather and Bill reveal a fascinating deal: a 35-year-old online ticket brokering business with a unique twist. The company specializes in the secondary market for highly sought-after event tickets, bragging a devoted clientele and generating substantial revenue. However, the deal comes with its own set of challenges and risks. While the business offers lucrative opportunities, particularly with its affiliate program for travel agents, there are concerns about its transferability, dependence on speculative ticket purchases, and potential legal issues with ticket resale. We explore various angles, highlighting the pros and cons of acquiring such a business and offering insights into the complexities of evaluating and structuring deals in similar markets.
Check out the listing here: https://www.websiteclosers.com/businesses/35-year-online-ticket-brokering-company-secondary-marketplace-for-concert-sporting-event-theater-tickets-sba-pre-qualified-80-000-affiliates/109347/
Thanks to this episode's sponsor:
Have you thought about exiting your current online business or buying one to start a new journey as an entrepreneur but have no idea where to start? Unlock business opportunities with Boopos.com! Boopos is the #1 platform for buying and selling profitable online businesses with built-in acquisition financing for qualified buyers. At Boopos.com, you can source opportunities from Boopos exclusive listings and other marketplaces or bring your own proprietary deal flow for approval. Boopos can offer pre-approved financing for recurring revenue businesses, allowing you to access fast funding with no personal guarantees.
Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next deal.
---
Learn how to buy a business.
If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course.
You will learn:
• Build a thesis for the type of business that's right for you
• Learn how to stand out in a sea of buyers
• Create a working, scalable Deal Engine getting you leads
• Maximize your chances of finding great deals
Show Notes:
00:00 Intro
02:30 Heather's business trip
04:18 A Ticket brokering business
10:25 One-man business challenges
11:19 Dropshipping inventory
13:06 Speculation Business
16:47 Travel +events + Affiliates
18:49 Ins and Outs of the Business
22:14 Is this a Pre-qualified business?
24:56 How Mills would run this business
29:36 Final Thoughts
31:48 Thumbs up /Thumbs down
Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise with us by clicking here
- Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
- Do you enjoy our content? Rate our show!
- Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
For inquiries or suggestions, email us at contact@acquanon.com
Acquisitions Anonymous - #1 for business buying, selling and operating