Should we buy this printer moving company? - Acquisitions Anonymous 240
Oct 27, 2023
In this episode, Michael and Heather discuss a printing equipment business for sale with an asking price of $5.8 million. They highlight the challenges of finding suitable management and the hustle required in smaller towns. They also discuss the significance of high-quality video content for businesses and the challenges of negotiating prices in acquisitions. The hosts emphasize the importance of expertise and social media engagement.
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question_answer ANECDOTE
Martha Hustle Analogy
Heather compares this printing equipment relocation business to the "Martha hustle," where people juggle multiple roles to survive in a small town.
This business thrives because it serves a niche in a town too small for competition or specialized organizations.
insights INSIGHT
Small Town Business Moat
The smaller the town, the lower the expectation for rapid responsiveness and service speed.
This relaxed pace becomes a moat, as local clients accept slower responses from trusted providers.
volunteer_activism ADVICE
Local Management Is Crucial
Finding or becoming a local manager familiar with the printing industry is critical for successfully operating this business.
The niche nature and location make management recruitment or involvement the biggest challenge and moat.
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In this episode of Acquisitions Anonymous, Michael and Heather discuss a printing equipment business for sale. Heather shares the business's details, including an asking price of $5.8 million, a cash flow of $724,599, and its specialization in plant relocations for the printing industry. They highlight the challenges of finding suitable management for the niche business and the unique hustle required in smaller towns.
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Acquisition Lab. Acquisition Lab and their team have been longtime supporters of the pod.
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Many of our listeners tune in each week to our deal reviews and want to get in on buying a business but don’t know where to start.
Acquisition Lab exists to help people buy a business, navigate all the process complexities, and provide a trusted framework, tools, and resources to support you from search to close.
If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director, Chelsea Wood, at chelsea@buythenbuild.com
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