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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) talk about a CDL (Commercial Driver’s License) Training and Education Center in the state of Texas. Most students who earn their Class A CDL and graduate will go on to work in over-the-road (OTR) trucking. This indicates that they travel greater distances, log more miles, and typically drive across the United States. As a result, their wages are the highest of any class of truck drivers.We will be discussing important key points such as the current situation of CDL Drivers, transferability, and the current line of business competition.Company: CDL Training and Education CenterLocation: TexasEBITDA: $973,000Asking Price: $2,400,000-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(00:31) - Our Sponsor is CloudBookKeeping(02:33) - Deal & financials: CDL Training and Education Center(05:54) - What do we like about this deal and the business model?(07:41) - Why is this a double-edged sword?(09:49) - Why is the location so important for this deal?(11:34) - How do you source new clients for this business?(14:54) - What is the current situation for CDL drivers?(17:32) - What do we like about the capital expenditures and maintenance around the assets?(18:24) - Are there concerns when thinking about owner transferability?(19:32) - How do we think about the market and competition?(20:41) - What would Bill investigate to scale this business?(22:50) - Let’s discuss the Build vs Buy options!(26:58) - How important is maintenance?(29:39) - What is our verdict for this deal?-----Additional episodes you might enjoy:#153 - Will Bill buy this company for Girdley’s Christmas present?#152 - Should we buy this Ambulance company? #151 - Should we buy this Pot Business Credit Card Processor?#150 - Let’s buy a medical staffing business#149 - Is this car spinner business a good side hustle?#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse PujjiSubscribe 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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@girdley), Bill D’Alessandro (@BillDA), and Mill Snell (@thegeneralmills) talk about a very profitable firing range with 25% Profit Margins in North Carolina.We discuss the perks and benefits of operating one of these businesses and the importance of owning a Federal Firearms License.We will also dig into the value of this deal and how this company staffs its locations, considering the seasonality and its relationship to the asking price.Company: Very Profitable Gun Shop and Shooting RangeLocation: Carteret County, NCAsking Price: $388,000 | Cash Flow: $140,000-----Thanks to our sponsors! CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(00:29) - Our Sponsor is CloudBookkeeping(02:48) - Deal & financials: Very Profitable Gun Range with 25% Profit Margins(04:32) - What’s so interesting about this deal?(05:33) - What do we think about this deal?(06:30) - How would we approach the lease situation?(07:06) - Will this business last?(08:29) - Why is a Federal Firearms Licensees (FFL) license important in this business?(10:20) - Why does Bill think this is a coupon-style business?(10:37) - What does the listing tell us about the Seller? (12:51) - How is this business protected from institutional buyers?(15:11) - What do we think about the staffing and seasonality for this location?(15:55) - Tip for buying a business in the Firearms Industry(18:47) - Would we buy this?-----Additional episodes you might enjoy:#151 - Should we buy this Pot Business Credit Card Processor?#150 - Let’s buy a medical staffing business#149 - Is this car spinner business a good side hustle?#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse PujjiSubscribe 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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley), and Bill D’Alessandro (@BillDA)talk about an established ambulance service. We investigate how this service differs from the conventional ambulances provided by hospitals. We also dig into this business’s location to understand its significance in this location. We will also determine whether this item passed the Private Equity Test, which customers are the most crucial to this transaction's success, and discuss how the business relationships outside the United States are distinct from those within the country. -----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(00:20) - Our Sponsor is CloudBookKeeping(01:48) - Catch up with Mike and Bill(03:44) - Deals and Financials: Established Ambulance Service(05:16) - How does this business work?(06:58) - Where is this business located, and why is it important?(10:30) - What do we think about the financials?(12:55) - Why has PE passed on this deal?(15:54) - Who are the most important clients for this deal?(16:33) - What is Girdley’s #1 tip to learn about an industry? (18:12) - What is Bill’s advice for people interested in this deal?(20:28) - Why does the IRS try to ban country club memberships as business expenses?(22:06) - How are business relationships outside the US different from inland?(27:46) - The tricky Costa Rica listing and the “Ditch Risk”-----Additional episodes you might enjoy:#151 - Should we buy this Pot Business Credit Card Processor?#150 - Let’s buy a medical staffing business #149 - Is this car spinner business a good side hustle?#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji#147 - $9.6M EBITDA Florida Armored ATM Services Business#141 - A very profitable B2B Internet Business in the Petcare Vertical#140 - Let’s SBA the heck out of this deal - with Special Guest Heather EndresenSubscribe 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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley) and Bill D’Alessandro (@Bill) talk about an online medical marijuana card processor. We discuss how this business operates and why the margins are so big. We guess that this business is underperforming, and we explain how we’d go about scaling it up.Similar to the general licensing requirements, the requirements for obtaining a business license for cannabis are highly variable from one state to the next and even between municipalities. We also talk about the potential risks that would make this business worth zero dollars overnight.-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(00:34) - Our Sponsor is Cloudbookkeeping(02:01) - Deal & financials: Medical Marijuana Card Processor(09:43) - How does this business work?(10:30) - What do we like about this business?(12:36) - What are the two things that can happen to this business?(13:20) - Did the pandemic affect this business?(14:02) - How big do we think this business is?(14:41) - Where do the high margins come from?(15:45) - Where is the value in the revenue structure?(18:25) - What is a cool strategy competitors can do in this line of business?(23:16) - What does this business remind Bill?(24:44) - How do entrepreneurs take advantage of stupid regulations?(26:43) - What’s the story behind “A dollar for a dollar”?(32:24) - We like this deal. Who could be a fit as a buyer?-----Additional episodes you might enjoy:#149 - Is this car spinner business a good side hustle?#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji#147 - $9.6M EBITDA Florida Armored ATM Services Business#141 - A very profitable B2B Internet Business in the Petcare Vertical#140 - Let’s SBA the heck out of this deal - with Special Guest Heather Endresen-----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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills) talk about a Medical Industry Staffing Company.Staffing agencies recruit candidates on behalf of employers to fill team openings and help candidates find career opportunities in their field. We discuss some challenges and difficulties you can experience when running this type of business. We also determine whether we like this deal, and if it is more cost-effective to build it ourselves or buy it.-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. ----- Show Notes:(00:00) - Introduction(00:37) - Our Sponsor is Cloudbookkeeping(02:15) - Big thanks to our listeners! We got through our 150th episode 😊(03:22) - Deal & financials: Medical Industry Staffing Company(05:20) - Do we like this deal? What’s our take on the stated financials?(06:20) - How does this business work? What’s the potential size of this business?(10:12) - How do staffing companies work?(14:12) - What is the major moat for staffing businesses?(18:20) - What incentive alignment do you need to work out when outsourcing recruitment?(24:00) - Is there a Bull case for this one?(26:26) - Does this pass the tailwind test?-----Additional episodes you might enjoy:#149 - Is this car spinner business a good side hustle?#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji#147 - $9.6M EBITDA Florida Armored ATM Services Business#141 - A very profitable B2B Internet Business in the Petcare Vertical#140 - Let’s SBA the heck out of this deal - with Special Guest Heather Endresen-----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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills) talk about a Profitable auto display rental company for sale.We discuss the deal and gain insight into this company’s inner workings. There is some weird stuff about this deal, and we will try to understand where this business sits in the value chain.We came across some warning signs and potential issues that could affect this business, but in conclusion, Bill shares his innovative strategies and ideas for managing this rental.-----Thanks to our sponsor!SMBash.com - Join us in Austin, TX, from April 27th - 30th, 2023, for one-on-one interaction with others who focus on buying, operating, and investing in the SMB and Micro-PE space.SMBash is a live gathering of SMB, Micro-PE, and ETA owners, operators, and investors.-----Show Notes: (00:00) - Introduction(00:31) - Our Sponsor is SMBash(01:54) - Deal & financials: Profitable Auto Display Rental Company for Sale(02:19) - What does this business do?(03:53) - What do we think about this deal?(06:48) - What do we think of this product?(08:23) - How do Car Dealerships make money on new car sales?(10:01) - Mike’s rant about Tesla!(13:43) - Who should buy this deal?(15:58) - Where does this business sit in the value chain?(17:36) - How does the tax shield work on this deal?(18:21) - What do we like about this business?(21:00) - What is the hidden red flag on the inventory side?(22:00) - What would Bill’s strategy be for this deal?-----Additional episodes you might enjoy:#146 - Should we buy 239,000 Domain names?#145 - Is this design agency a good buy?#144 - We spot an amazing Business Broker#142 - Should we buy this Crossfit Gym?#141 - A very profitable B2B Internet Business in the Petcare Vertical#140 - Let’s SBA the heck out of this deal - with Special Guest Heather Endresen-----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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and special Guest Jesse Pujji (@Jspujji) talk about a Shopify Superfood Greens Brand.We dig into the financials for a stress test, discuss the most important KPIs to acquire the business, and assess its real value. Jesse talks about his understanding of the potential and shares some of his best tricks to understand whether an eCommerce business can scale.We also discuss digital marketing, culture, leadership, Twitter, and hiring overseas.-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction (01:04) - Our Sponsor is Cloudbookkeeping(03:32) - Who is Jesse Pujji? (06:00) - How does Jesse staff his businesses? Where does the culture come from?(10:13) - What are the advantages & disadvantages of hiring in a “Tier 2” market?(12:48) - What is Jesse’s talent strategy?(15:25) - Growth Marketing: Explained(21:10) - Deal & financials: Shopify Superfood Greens Brand(24:38) - What do we think about the Deal?(25:37) - What is Jesse’s #1 trick to spot a profitable category?(28:49) - What are Jesse’s 3 levers to improve profitability on eCommerce businesses?(31:46) - Let’s do a pressure test on the financials! Which KPIs should you look at?(35:38) - Is this a buyable business or a bootstrapped one?(39:40) - How does inertia affect buying vs. starting a business?(44:30) - What are the best traits to show as a leader in your organization’s culture? -----Links:gateway.xyzhttps://twitter.com/jspujjihttps://www.kahaniapp.com/-----Additional episodes you might enjoy:#146 - Should we buy 239,000 Domain names?#145 - Is this design agency a good buy?#144 - We spot an amazing Business Broker#142 - Should we buy this Crossfit Gym?#141 - A very profitable B2B Internet Business in the Petcare Vertical#140 - Let’s SBA the heck out of this deal - with special Guest 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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about an Armored and ATM Service in Mid-Florida. In this episode, we discuss how this business works, tail & headwinds. We try to determine why a strategic purchaser has not yet purchased this business. Mike also provided a very insightful explanation, by comparing the past and present, of how digital money is replacing traditional forms of currency and how cash value is decreasing over time.-----Thanks to our sponsor!SMBash.com - Join us in Austin, TX, from April 27th - 30th, 2023, for one-on-one interaction with others who focus on buying, operating, and investing in the SMB and Micro-PE space.SMBash is a live gathering of SMB, Micro-PE, and ETA owners, operators, and investors.-----Show Notes:(00:00) - Introduction(01:33) - Our Sponsor is SMBash(02:55) - Deal & financials: Mid-Florida Armored and ATM Services(05:15) - This is a hot EBITDA Margin! Is this deal legit?(08:06) - Why hasn’t a strategic buyer bought this yet?(11:46) - What does this business do?(13:16) - What’s going on with cash as a payment method?(15:38) - What do we think about the margins? Is it a red flag?(20:38) - How did COVID affect this business?(22:24) - Is there a Moat around hiring? -----Additional episodes you might enjoy:#146 - Should we buy 239,000 Domain names?#145 - Is this design agency a good buy?#144 - We spot an amazing Business Broker#142 - Should we buy this Crossfit Gym?#141 - A very profitable B2B Internet Business in the Petcare Vertical#140 - Let’s SBA the heck out of this deal - with special Guest Heather EndresenSubscribe 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

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) discuss a leading domain portfolio with proprietary pricing technology.We talk about the business model, examine how intriguing and distinctive this deal is, and we will try to identify the potential buyers. Together, we understand the difficulties and competition that will arise as you proceed along this business path. We will also check to see if there is a moat around this one.Subscribe to our channel!-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(01:39) - Our Sponsor is Cloudbookkeeping(03:07) - Deal & financials: Leading Domain Portfolio with Proprietary Pricing Technology(05:07) - How does this business work?(07:25) - What value bet will you make if you invest in this?(08:24) - How is this deal similar to real estate?(09:22) - How do you manage domain inventory?(11:19) - Is there a Moat around this business? What is the domain arms race that is going on?(12:23) - Why do you need to think twice in choosing a domain?(14:10) - What kind of competition will you face when running this business?(17:23) - Who would make a buyer-business fit?(20:06) - What is so challenging about competing with Private Equity?(21:57) - Why are there no financials on this deal?-----Additional episodes you might enjoy:#143 - Is this cell tower business any good?#142 - Should we buy this Crossfit Gym?#141 - A very profitable B2B Internet Business in the Petcare Vertical#140 - Let’s SBA the heck out of this deal - with special Guest Heather EndresenSubscribe 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

Michael Girdley and Mills Snell discuss a productized design services agency for startups. They explore the business model, customer relationship management, and the effects of the macro environment on agencies. They also touch on the unique aspects of this particular business and the negotiation strategies for acquiring it.