

Acquisitions Anonymous - #1 for business buying, selling and operating
Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley
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.
Episodes
Mentioned books

Sep 16, 2025 • 32min
This Horse Training School Built a Massive Social Media Following - Now It's For Sale?!
The hosts explore a profitable equestrian training school in Idaho, emphasizing its robust financial success and unique model. They dive into innovative strategies that leverage local horse owners' animals, enhancing both sustainability and profitability. Concerns about the school's future are raised, particularly regarding its dependence on a famous founder. The discussion also covers enrollment challenges, social media marketing advantages, and the intriguing prospect of expanding operations internationally. Tune in for insights on merging passion with business savvy in the equine industry!

Sep 12, 2025 • 32min
The $6.5M OnlyFans AI Empire For Sale
Mike Botkin, a savvy entrepreneur and Twitter personality, joins to unravel the intriguing world of a $6.5M AI-driven OnlyFans agency. They discuss the agency's impressive $4.5M revenue, weighing its groundbreaking business model against the ethical dilemmas in the adult industry. The conversation highlights the lucrative potential for aspiring entrepreneurs in this $6.6 billion market while addressing challenges posed by AI disruption. There's a deep dive into the complexities of revenue, talent management, and the evolving landscape of adult content creation.

Sep 9, 2025 • 28min
Would You Risk Millions on This IV Clinic Franchise?
Mike Botkin, a former landscaping business owner who grew his company through acquisitions, joins the discussion on a questionable $12M IV therapy franchise deal in Midland, Texas. The conversation dives into the dubious math, regulatory hurdles, and marketing gimmicks surrounding this emerging market. They humorously explore the viability of the franchise model versus the saturated med spa industry, while shedding light on the potential health boom driven by local oil wealth. Skepticism around the investment's profitability adds a critical edge to the analysis.

Sep 5, 2025 • 33min
This Golf Club Could Make $600K a Year… Or Bankrupt You
The hosts dive into a $4.6M golf course deal fraught with red flags, including dubious financials and a curious connection to Blackwater. They explore the emotional bonds formed in sports, comparing golf and cycling club cultures. The conversation highlights the luxurious equestrian fashion trend and its high costs, alongside the emotional connections in shared challenges. Investment insights raise concerns over the club’s profitability and missing documentation, prompting discussions on the complexities of evaluating such business acquisitions.

13 snips
Sep 2, 2025 • 34min
The $1.4M Liquor Store That Prints $500K/Year
Explore an intriguing liquor store deal in Washington, D.C., boasting impressive annual revenue and a low asking price. The hosts debate the nature of business valuations and the allure of investing in liquor despite shifting consumption trends among younger generations. They discuss the significance of location and customer demographics while addressing the cultural impacts of alcohol and underage drinking. Listen in for a nuanced look at a profitable business with potential risks and rewards!

11 snips
Aug 29, 2025 • 23min
The $2M Gun Range Deal: Worth It or a Trap?
The hosts analyze a $2 million gun range and retail shop in Colorado, discussing the financial intricacies and regulatory risks involved. Their exploration of inventory management reveals the challenges of operating in the firearms industry. They highlight key metrics influencing valuation and investment decisions, while debating the balance between potential revenue and higher costs. Additionally, the discussion gives insights into market trends affected by political climates, emphasizing the complexities of assessing business acquisitions in this niche.

7 snips
Aug 26, 2025 • 21min
This E-Commerce Dental Business Might Be Dead Thanks to Tariffs
The hosts explore a potentially doomed high-margin dental supply e-commerce business jeopardized by new U.S. tariffs. They analyze its scalability within a niche market and the challenges of evaluating financial performance in carve-out deals. Insights into the valuation of struggling businesses highlight the importance of due diligence, especially in franchising. The conversation also takes a light-hearted turn as they discuss electric vehicles, sharing personal rental car stories and navigating the often frustrating car buying process.

35 snips
Aug 22, 2025 • 25min
$550K Profit Just Doing Paperwork? This Deal Has Us Shocked
The hosts explore a high-margin FDA compliance business turning a shocking $550K profit with minimal overhead. They discuss its outsourced operations and the complexities of FDA regulations. The conversation reveals both the incredible potential and hidden risks of investing in compliance-heavy industries. Insights into financing through SBA loans and the uniqueness of the opportunity highlight the importance of understanding the regulatory landscape. It’s a captivating dive into balancing profit and peril in business acquisition.

Aug 19, 2025 • 27min
Would You Pay $2M for a 70-Year-Old Sandwich Factory?
Dive into the quirky world of a 70-year-old sandwich factory in South Carolina! The hosts debate whether its $2M asking price presents a golden investment opportunity or a hidden financial trap. They address the complexities of food manufacturing, from employee management to food safety. The discussion also highlights the strategic role of fresh food offerings at gas stations, comparing local favorites to broader market trends. Will this beloved business stand the test of time, or is it destined for a nostalgic closure?

Aug 15, 2025 • 30min
Why This Once-$22M Flatpack Furniture Company Is Worth Almost Nothing Now
The hosts dive into the dramatic decline of a once-thriving flatpack furniture company, now worth near its working capital. They analyze the reasons behind the staggering revenue drop from $22M to $9.4M, while oddly noting an increase in gross margins. The discussion reveals challenges in e-commerce, including rising ad costs and intense competition. They also explore the complexities of interpreting e-commerce financial metrics and the operational hurdles that threaten profitability in the fast-paced retail landscape.