
Acquisitions Anonymous - #1 for business buying, selling and operating
Jump into the world of business acquisitions with hosts Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley. We review real businesses for sale in each episode, providing expert insights, strategies, and tips to make savvy business moves like the pros. Perfect for entrepreneurs, investors, and anyone interested in buying and selling businesses.
Latest episodes

8 snips
Jun 25, 2025 • 18min
Hobby or Hustle? We Review a Wild $5K Decoy Business
A Canadian duck decoy business priced at a mere $5,999 raises eyebrows and ignites debate. With gross revenues reported at $500,000, hosts question if it's a genuine venture or merely a hobby. They dive into the quirky details, like foreign exchange confusion and outdated financials. The episode also highlights unique opportunities within niche markets, showcasing an entrepreneur's transition from a garage project to success. Join the fun as they explore the intersection of micro-acquisitions and bizarre business listings!

30 snips
Jun 20, 2025 • 18min
Why Is This Tiny Wyoming Bank Listed Like a Used Car?
A rare $43 million bank listing in rural Wyoming sparks a deep dive into the complexities of banking ownership. The team uncovers the significant regulatory hurdles and market dynamics that make operating small banks challenging. They compare the banking landscape to the healthcare sector, revealing amusing absurdities of rural finance. Insights on the financial implications of interest rates and investment strategies add depth to the conversation, making it clear that owning a bank isn't as glamorous as it seems.

12 snips
Jun 17, 2025 • 27min
The $9M Vegas HVAC Business With a Secret Inside
A Las Vegas HVAC business seems promising at first, boasting impressive cash flow and growth. However, the hosts dig deeper, revealing a niche in fire safety services. They discuss the critical role of customer relationships and the complexities of servicing major hotels. Insights into the competitive landscape highlight risks tied to concentrated client bases. The episode also touches on the evolving culture of Las Vegas and the challenges of modernizing its infrastructure while maintaining safety standards.

6 snips
Jun 13, 2025 • 16min
Investing in Music Royalties: The Truth About IP Deals
In a fascinating discussion, the hosts explore a $67 million catalog of Russian classical music master recordings. They delve into the complexities of valuing music royalties and the unpredictable nature of revenue from streaming platforms like Spotify and YouTube. With insights from guest Travis Jamison, they examine the appeal and risks of investing in music catalogs, while also questioning the legitimacy of high-priced intellectual property deals. Strategies for financing such unique investments are highlighted, emphasizing the need for thorough research and networking.

7 snips
Jun 10, 2025 • 28min
Buying a Helicopter Tourism Business?! Here's What We Think
The hosts explore a lucrative helicopter tourism business for sale, featuring remarkable profit margins and a recent legal win for exclusive access to a helipad. They discuss safety risks, the importance of skilled pilots, and the financial intricacies of the operation. Potential buyer profiles range from aviation enthusiasts to strategic tourism operators, sparking debates on ideal traits and financing strategies. With a focus on revenue generation and operational costs, this conversation uncovers the thrilling yet complex world of helicopter tourism.

17 snips
Jun 6, 2025 • 26min
From $1.5M Profit to Fire Sale: What Happened?
The hosts dive into a deeply personal seller's note from a struggling print-on-demand business, revealing dramatic financial and emotional turmoil. The current owner, once thriving, faces burnout and marital stress as profits plummet. They dissect the precarious financials and the heavy reliance on social media ads, questioning whether the business can be salvaged. The discussion also highlights the challenging landscape of valuing distressed businesses and the complexities of navigating ownership transitions. Is this a lesson or a lifeline for future buyers?

28 snips
Jun 3, 2025 • 31min
A Car Transport Company Grows Fast—Too Fast?
A New Jersey car hauling and truck repair business promises impressive revenue, but raises red flags about its sustainability. The hosts dissect its financials, questioning whether flashy numbers mask a lack of real equity. Personal car-shipping experiences add depth to their analysis. Discussion also covers the owner-operator model, the critical role of freight brokers, and the technological needs of small businesses in this sector. Ultimately, they emphasize the importance of industry knowledge to avoid costly pitfalls in acquisitions.

15 snips
May 30, 2025 • 34min
Buying a Quarry for $17M: A Rock-Solid Investment or Sinkhole?
The hosts explore a unique investment opportunity: a $17M Massachusetts quarry with impressive cash flow. They discuss the potential rewards and risks of asset-heavy business models, including the intricacies of USDA loans and government contracts. The conversation shifts to the interplay between stone demand and market dynamics, and the operational challenges quarries face. Plus, there's a delightful detour into the festive atmosphere of San Antonio's Fiesta, complete with amusing anecdotes about dressed-up dogs. It's a blend of business insight and cultural fun!

16 snips
May 27, 2025 • 24min
Anchorage’s Best Kept Secret: A Snow Biz with 40% Margins
Imagine owning a snow removal business in Alaska with a whopping $700K annual profit! The discussion delves into the operational challenges of this unique venture, emphasizing reliability and local community ties. It also explores Anchorage’s diverse business landscape and the impact of geographic isolation on opportunities. Find out how newcomers can navigate ownership transitions and the significance of community relations. Plus, insights on SBA financing reveal the evolving landscape for entrepreneurs in snowy regions!

25 snips
May 23, 2025 • 30min
$2.4M Brewpub for Sale: What Are We Thinking?
Would you invest $2.4 million in a brewpub? The hosts dissect a listing that raises eyebrows due to its questionable profitability and high asking price. They explore the intricacies of brewery licensing in New Mexico, discuss the current contraction in the brewpub industry, and question whether real estate is the real asset in play. With a deep dive into market rent assumptions and financial evaluations, the conversation highlights the challenges and opportunities within the business of brewing.