Acquisitions Anonymous - #1 for business buying, selling and operating

Best of Acquisitions Anonymous - The $250K Port-A-Potty Business?!

21 snips
Dec 30, 2025
The hosts dive into a fascinating port-a-potty rental business generating $4.1M in revenue, exploring its hefty $2M price tag and operational challenges. They discuss the balance between a blue-collar dream and an operational nightmare, covering unit economics and service costs. The conversation touches on issues like hiring difficulties for drivers and the strategic fit for potential buyers. The team highlights the importance of effective transitions to avoid losing customers and considers the potential for scaling with better operations and technology.
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ANECDOTE

Christmas Closing Chaos

  • Michael recounted closing an e-commerce deal under extreme holiday pressure with bank counsel delays and a New Year's Eve notary.
  • The deal closed at a kitchen table in rural Pennsylvania after intense last-minute legal obstacles.
ADVICE

Set Realistic Closing Timelines

  • Plan timelines realistically: expect ~90 days from signed LOI and allow up to 120 days for closings, especially year-end.
  • Avoid assuming a deal will close before year-end; banks and counsel often delay.
INSIGHT

Route-Based Asset+Service Model

  • Porta-potty businesses are route-based asset rentals paired with service, creating durable recurring demand from construction and events.
  • The asset-heavy model looks simple but requires specialized trucks, routing, and regular servicing to realize value.
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