

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

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.

Aug 12, 2025 • 20min
Would You Pay $18M for a Metal Fab Biz That’s Only 5 Years Old?
The hosts dive into the intriguing case of a Houston-based metal fabrication business listed for a staggering $18 million. They explore its impressive $4.5 million EBITDA, boosted by its strategic positioning in the oil and energy sectors. The discussion also unpacks recent SBA loan rule changes that can impact acquisitions. Attention is given to the challenges of seller dependency and evaluating the viability of a relatively young business. Insights into market opportunities and operational strengths make for a captivating analysis for prospective buyers.

Aug 8, 2025 • 18min
This Dryer Vent Franchise Makes $130K a Year—Would You Buy It?
The hosts explore a promising dryer vent cleaning franchise in Charlotte with impressive online reviews. They discuss its profitability, revealing a $130K profit in just one year. Topics include the importance of branding, online presence, and potential for expansion. The conversation dives into the franchise model, cash flow, and the sustainability of the business, while cautioning about the inherent risks of small business ownership. Listeners are encouraged to weigh the viability of investing in this niche market.

Aug 5, 2025 • 22min
This Horse Transport Company Makes $100K - But Is It Worth It?
Travis Jameson from CapitalPad joins the discussion to explore the unique world of UK horse transport. They debate the merits of acquiring a relocatable horse taxi business in Essex, weighing its impressive profit margins against potential risks. The conversation dives into the specialized skills needed to operate in this niche market and highlights intriguing investment opportunities for equestrian lovers. They even brainstorm ideas for a reality series to capture the charm and challenges of rural horse transport life.

4 snips
Aug 4, 2025 • 17min
Why This $12M SaaS Might Be a Massive Broker Trick
The hosts dive into a $12M listing for a self-storage SaaS that's raising eyebrows. They explore the blurred lines between genuine software services and marketing schemes. Engaging discussions reveal how brokers might inflate valuations with superficial tactics. A franchise expert adds insights into navigating the franchise world. They also analyze innovative business models in self-storage and highlight the coding implications of this SaaS product, revealing the need for careful evaluation in the tech landscape.

Jul 29, 2025 • 19min
This Dairy Farm Makes $2.6M EBITDA… But in Romania
Dive into the fascinating world of a €20M dairy farm in Romania, raking in €2.6M in EBITDA. With 2,000 cattle and 600 hectares of land, the farm's solar power production and EU certifications stand out. The hosts dissect the challenges of dairy farming investments, from navigating geopolitical stakes to tracking commodity price trends. Humorously, they also flirt with the idea of transforming farming into a reality TV sensation, unveiling a fun twist to serious business discussions. Tune in for insights and playful banter!

14 snips
Jul 25, 2025 • 22min
A $6M Cashflow Business Built in 18 Months
The hosts dive into a membership organization that astonishingly generated $6 million in cash flow within just 18 months. They compare this luxury networking platform to traditional groups, highlighting both impressive revenue and concerning red flags. Discussion shifts to assessing membership models, where customer relationships and churn reduction are vital. The challenges of sustainability in rapidly growing businesses are examined, along with the impact of celebrity endorsements and peer group dynamics on quick sales.

Jul 22, 2025 • 16min
Is this Med Spa/Urgent Care deal a hard pass?
The hosts delve into a confusing blend of urgent care and med spa services in Orange County. They discuss the $8M asking price, scrutinizing the financials and potential growth tied to the adult industry. The conversation highlights the shift from a traditional urgent care model to a med spa focus, raising questions about service breadth. Additionally, they explore the hurdles investors face in medical facilities, emphasizing the discrepancies in valuations and the challenges of overpriced listings. It all ends on a humorous note with quirky business alternatives.

Jul 18, 2025 • 16min
Would You Buy a Ski Resort That Only Opens in Summer?
Dive into the quirky world of a summer-only ski resort in Wyoming and Montana, where it operates for just 40 days a year! The hosts humorously dissect its unusual business model, featuring only two high-speed lifts and a max of 100 skiers per day. They debate the financial viability amidst operational challenges and the resort's limited appeal. Insightful and entertaining, the conversation questions whether such a novelty can stand as a solid investment or if it's best left as a curious local attraction.

Jul 15, 2025 • 14min
A Million-Dollar Rope Course Adventure Park in the middle of nowhere?
Dive into the intriguing world of a $1.35 million aerial adventure park for sale in Colorado. The hosts debate whether it’s a thrilling business opportunity or just a pricey hobby. Personal stories highlight the excitement and team-building aspects of such parks, while complex challenges of operating in remote locations are explored. They also examine the lack of financial transparency, raising questions about profitability and visitor attraction. Could this adventure park be a hidden gem or a risk too great?


