Should we buy this Vegas Wedding Chapel Chain? - Acquisitions Anonymous Episode 130

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Michael Girdley (@Girdley) and  Bill D’Alessandro (@BillDA) discuss a Wedding Chapel Chain in Downtown, Las Vegas.

We talk about: Upselling opportunities & the important things we need to understand regarding this kind of business and responsibility. We will also see what their day-to-day challenges could be and how they can overcome these to get the business running smoothly. 

Lastly, we will find out if we are ready to hit Vegas dressed as Ministers.

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Show Notes:

(00:00) - Introduction

(00:31) - Our Sponsor is Near

(01:38) - Deal & financials: Las Vegas Wedding Chapel Chain

(04:44) - Are we ready to hit Vegas dressed as Ministers?

(06:08) - Which are the up-selling opportunities?

(10:27) - What is the Bull-Case for this Business & Our guess on the Average Ticket?

(10:40) - What is the most vital to understand in this kind of business?

(12:12) - How does upselling work in this business?

(17:29) - Is this business’ moat sustainable?

(18:45) - What’s the story behind the strong EBITDA margins?

(20:26) - What could be the day-to-day Operation Challenges?

(22:10) - Is this Business affected by Covid Bump?

(25:53) - What’s our Million Dollar Idea for this Business?

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Additional episodes you might enjoy:

#128 Who should buy this $4.4m EBITDA, cashflow machine?

#127 Should we buy this Exhibit House?

#125 Should we buy a CBD shop?

#124 How much would we pay for this Water Safety and Compliance Co?

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