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

Discover the vibrant world of a pizza boat for sale in the stunning Virgin Islands. This unique listing includes three boats, a commercial pizza kitchen, and a liquor license, all for just $425K! The hosts dive into the thriving customer base and social media presence that makes it a hot spot. They discuss the potential risks of island living, such as hurricanes and lifestyle challenges. The conversation is filled with humor and insightful business analysis, making it an entertaining look at an unforgettable venture!

The hosts dive into an eye-popping worm farm in rural California, boasting an astonishing $1.5M cash flow on a $1.8M listing. They explore the unique business model involving live worms, castings, and premium soil blends. E-commerce pricing reveals surprisingly high margins on worm sales. Concerns arise about the lease structure and inflated financials, prompting discussions on due diligence and financing options. With operational staffing considered, the hilarity of the situation is matched only by the potential profits!

The hosts dive into a $4.5M rehab facility acquisition, dissecting its $4M revenue and $1M SDE. They analyze declining utilization trends and question questionable future revenue assumptions. Lender risks and the importance of insurance versus private pay are examined, alongside the complexities of billing practices. Regulatory challenges related to corporate practice laws are debated, highlighting significant risk factors. Ultimately, the team concludes that this mid-market facility presents too many red flags for acquisition.

In this rerun, the hosts dive into the pros and cons of a $65K Christmas tree lot deal in Utah. They weigh the cash flow potential against the challenges of a short sales window and reliance on location. The discussion includes the benefits of buying versus building relationships and the risks of not having a guaranteed lease. They also compare Christmas tree sales to other seasonal pop-ups and explore innovative ideas for staffing and supply challenges. Ultimately, they're split on whether to buy or start fresh.

Discover the intricacies of a Beverly Hills specialty pharmacy acquisition with a $7.1M asking price. The hosts break down key metrics like EBITDA and revenue while critiquing the broker's valuation. Learn what defines a specialty pharmacy, from compounding techniques to high-margin products. Explore the implications of pharmacist shortages and regulatory challenges for potential buyers. Debate the possibilities for non-pharmacists to step into ownership and the strategic benefits of location in a wealthy market.

Explore the evaluation of a Houston elevator services company with an $11 million asking price. The hosts discuss financials, including $5.2 million in revenue and $1.4 million EBITDA. They break down the business's offerings, such as maintenance and modernization. Unique challenges surface, including market regulations and competition. The conversation highlights the potential for stable cash flow and financing complexities, alongside strategies like operational smoothing for future resale. Dive into the intricacies of a fascinating deal!

Explore a wild bankruptcy auction for dolphin habitat real estate in Mexico's Riviera Maya. The hosts delve into the risks and potential payoffs of acquiring properties near Cancun. They discuss the inclusion of dolphins, messy title risks, and the need for expert guidance in bankruptcy purchases. Ethical concerns about animal welfare and declines in the dolphin park industry are raised. With 'ditch risk' and safety issues looming, the team considers whether any investor could revive this unique resort opportunity.

In this episode the hosts dissect a $19 million “painting‑on‑demand” e‑commerce business making ~$15 million in sales and ~$3.67 million in earnings, and debate whether the price tag is justified given a crowded market and uncertain moat.Business Listing – https://mailchi.mp/websiteclosers/new-deal-alert-online-art-gallery-ecommerce-brand-handmade-paintings-collection-strong-repeat-order-rate-3600-48-star-reviews2?e=42dc999128Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comTonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.The business under review is a niche e‑commerce company in the custom hand‑painted art space: a made‑to‑order model with no inventory, ~$15 million in revenue (~$14.963 million) and ~$3.67 million earnings, asking price ~$19 million. The owners claim high average order value (~$1,500), ~20% repeat customer rate, ~30% net margins, and growth since 2020.Key Highlights:- Asking Price: ~$19 million for revenue ~$14.96 million and earnings ~$3.67 million.- Business Model: custom hand‑painted art on demand, average order value ~$1,500, ~20% repeat customers, claimed ~30% net margin.- Operational Setup: no inventory, contractor‑based production, D2C Shopify site, paid media + email automation driving growth.- Risks: Extremely crowded market (many “print on demand” or custom art providers), potential rising customer acquisition cost, young business with limited track record.- Strategic Questions: Does it have a compelling moat (exclusive artist network, unique IP, proprietary customer funnel)? Could a larger buyer replicate or disrupt the model? What happens if ad costs or competitor entry escalate?Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

In this discussion, Josh Tonneson, an accounting expert from Tonneson Accounting Services, navigates the complexities of a $23 million acquisition involving a Miami contractor. They delve into the contractor’s impressive $52 million backlog and scrutinize its reported EBITDA versus actual cash flow. Josh highlights potential pitfalls like deferred revenue and WIP accounting traps, while the hosts explore the implications of contract transferability and financing requirements. A treasure trove of insights for anyone in the M&A space!

The hosts dive into a $2.7 million EdTech platform for architects, boasting impressive metrics like $450K revenue and 30% growth. They dissect the business model, highlighting its blend of subscriptions and one-off courses. A lively debate arises over the price valuation, questioning the seller's high asking price compared to fair market value. Discussions on growth opportunities focus on expanding partnerships and leveraging existing content. Ultimately, the hosts express intrigue about the business but caution against the inflated price.