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-----Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills), discuss a Fitness Equipment Manufacturer. We’ll find out what this business does and offers to people.Moreover, we’ll be clarifying why we hate most of the deals we are talking about and how come we really need to hate every single one.Also, we will get to understand the importance of educating your kids in business.-----Thanks to our sponsor!Live Oak Bank - Whether you’re looking to build, buy or expand your business, let the team at Live Oak Bank be your financial guide. With Live Oak, you get a partner who believes in your success and is willing to take the journey alongside you. We provide small business loans tailored to your goals.Fuel the growth of small businesses across the country; bank with Live Oak Bank.You can contact Heather Endresen, Director & Founder at heather.endresen@liveoak.bank. Mention this podcast in the subject line and ask her about office hours to get in touch.*Live Oak Bank is the #1 SBA 7(A) Lender. The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2021.-----Show Notes:(00:00) - Introduction(00:32) - Our Sponsor is Live Oak Bank(01:39) - Deal & financials: Fitness Equipment Manufacturer (06:50) - How does this company work? What are they selling?(10:26) - How does this relate to Girdley’s experience as a young swimmer? (12:34) - What is the TAM? How much potential does this business have? What’s the moat here?(15:43) - Why are we supposed to hate every deal?(17:00) - How should you think about the competition on the supply side?(20:30) - Is this relocatable? Who’d be a great fit to buy this?(22:00) - What is the bullshit KPIs theory?(24:54) - What is this business’s role in the world?(25:27) - What is the importance of educating your kids in business? -----Additional episodes you might enjoy:#133 - How to value and underwrite commercial Real Estate? With special Guest Chris Powers#132 - Let's get rich pumping poop!#131 - People are getting rich with Med Spas. Will we?#130 - Should we buy this Vegas Wedding Chapel Chain?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

Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Bill D’Alessandro (@BillDA), Mills Snell (@thegeneralmills), together with Chris Powers (@fortworthchris), we discuss an Airport Commerce Park in Houston Texas. Chris starts off by sharing a little bit of his background and explaining what a Class B Industrial is. The major effect of location for this kind of business will also be discussed, as well as the essential dynamics for making more money. Moreover, we will look into why real estate people sell if it’s good. Does a successful real estate capital manager end up in buy and hold?Listen to the podcast and find out!-----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(01:11) - Our Sponsor is Cloud Bookkeeping(02:39) - Guest Intro: Chris Powers joins us today! (04:00) - What are Class B Industrial Assets?(04:58) - Deal & financials: Airport Commerce Park in Houston TX(07:19) - What is a 7.2% cap. rate? How do you think about it when looking at a deal?(08:36) - How do you assess value initially when looking at a deal?(10:33) - How does location affect this particular asset class?(12:35) - What is a good diverse tenant base? How do you understand if it’s good or not?(17:50) - What is the due diligence process for leases?(20:08) - What is the Seller Type in a Property like this?(21:07) - What is so interesting about this asset class?(21:54) - Who are the competitors?(23:41) - Once you buy, how do you operate to find Alpha?(28:22) - What are the essential dynamics for more money?(39:04) - What is the most important part of renegotiating rents?(50:35) - Are there different types of land that are not real estate?(52:55) - What is the current state of RE developments in America?(55:36) - How many deals do you have to look at to find one valuable deal? How do you source them?(58:23) - Hold Period/Exit Plans: Why sell if it's so good?(01:00:15) - When to know if it’s ready to be sold?(01:01:22) - How does selling relate to refinancing?(01:02:37) - Does a successful RE capital manager end up in buy and hold?-----Additional episodes you might enjoy:#131 People are getting rich with Med Spas. Will we?-----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) , Mills Snell (@thegeneralmills), and Bill D’Alessandro (@BillDA) discuss a very cheap Mobile Pump Out Business in Washington State. We will get a deep dive into how this deal works and why this deal is so cheap. We will also consider if this business has a chance to increase its charges considering the number of competitors in the field.Moreover, we would like to talk about how this business can double its revenues. Lastly, we will be figuring out some funny yet interesting strategies or schemes this business can do to make more money than they are making today.-----Thanks to our sponsor!Live Oak Bank - Whether you’re looking to build, buy or expand your business, let the team at Live Oak Bank be your financial guide. With Live Oak, you get a partner who believes in your success and is willing to take the journey alongside you. We provide small business loans tailored to your goals.Fuel the growth of small businesses across the country; bank with Live Oak Bank.You can contact Heather Endresen, Director & Founder at heather.endresen@liveoak.bank. Mention this podcast in the subject line and ask her about office hours to get in touch.*Live Oak Bank is the #1 SBA 7(A) Lender. The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2021.-----Show Notes:(00:00) - Introduction(00:45) - Our Sponsor is Live Oak Bank(01:53) - Deal & financials: Mobile Pump Out Business (06:10) - What is included in the deal? What are they selling?(08:07) - Is there pricing power here?(08:58) - When do they make the bucks?(10:38) - What is Bill’s first move when he buys the Business?(11:35) - Would we buy this for our kids?(15:28) - How do you double revenues in a Mobile Pump Out Business?(16:10) - What’s a Funny yet Interesting Strategy for this Business?(17:00) - What is the Cookie Company war in Utah?(19:00) - Who’d buy this?-----Additional episodes you might enjoy:#131 People are getting rich with Med Spas. Will we?#130 Should we buy this Vegas Wedding Chapel Chain?#128 Who should buy this $4.4m EBITDA, cashflow machine?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 Bill D’Alessandro (@BillDA), we discuss a very profitable Spa And Beauty Center located in Clark County, Las Vegas, Nevada. We will find out how a business like this works and what’s interesting about this kind of enterprise.Moreover, we will be unlocking vital information on how this business is winning and how they strategize to keep their customers coming back. Comparing this to the previous episode’s Las Vegas Wedding Chapel Chain, we will find out which one is better for Bill. Also, we will know if Michael already had an experience in Med Spa!-----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(00:36) - Our Sponsor is Cloudbookkeeping(02:03) - Deal & Financials: Very Profitable Spa And Beauty Center (03:26) - How does this business work?(08:04) - Has Michael already tried Med Spa?(09:10) - What is so interesting about this business’s customer base?(12:35) - What secret is Michael sharing?(14:53) - What do we like about this deal? Why is the Cost Of Goods Sold (COGS) so low?  (16:20) - Is there a retail operation behind the main business?(17:58) - What is the moat and strategy for this business? Why are these guys winning?(20:32) - How do these guys sell their services?(22:24) - Are there hidden capital expenditures?(23:21) - How to get your employees to overperform?-----Additional episodes you might enjoy:#130 Should we buy this Vegas Wedding Chapel Chain?#128 Who should buy this $4.4m EBITDA, cashflow machine?-----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://landing-newsletter.acquanon.com/-----Michael Girdley (@Girdley) and  Bill D’Alessandro (@BillDA) discuss a Wedding Chapel Chain in Downtown, Las Vegas.We talk about: Upselling opportunities & the important things we need to understand regarding this kind of business and responsibility. We will also see what their day-to-day challenges could be and how they can overcome these to get the business running smoothly. Lastly, we will find out if we are ready to hit Vegas dressed as Ministers.-----Thanks to our sponsor: NearHere's the deal. Remote hiring is expensive and hard. Near makes remote hiring simple and affordable.-> smart, English-speaking talent in your time zone-> save 30-70% on salary per hire-> no money up front, low-cost hiring, zero-risk-> dedicated recruiters & ~16k pre-vetted candidates-> Accounting/Finance, Sales/Marketing, Ops/VAs, Software Eng"Near is a cheat-code for any US company looking to stay competitive in the hiring market." - Sumner Vanderhoof, CEO of PropensityJoin 250+ happy customers (including @Girdley)Schedule a quick call today to get started-----Show Notes:(00:00) - Introduction(00:31) - Our Sponsor is Near(01:38) - Deal & financials: Las Vegas Wedding Chapel Chain(04:44) - Are we ready to hit Vegas dressed as Ministers?(06:08) - Which are the up-selling opportunities?(10:27) - What is the Bull-Case for this Business & Our guess on the Average Ticket?(10:40) - What is the most vital to understand in this kind of business?(12:12) - How does upselling work in this business?(17:29) - Is this business’ moat sustainable?(18:45) - What’s the story behind the strong EBITDA margins?(20:26) - What could be the day-to-day Operation Challenges?(22:10) - Is this Business affected by Covid Bump?(25:53) - What’s our Million Dollar Idea for this Business?-----Additional episodes you might enjoy:#128 Who should buy this $4.4m EBITDA, cashflow machine?#127 Should we buy this Exhibit House?#125 Should we buy a CBD shop?#124 How much would we pay for this Water Safety and Compliance Co?-----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://landing-newsletter.acquanon.com/-----Michael Girdley (@Girdley) and Dave Housley (@housleyd), talk about a Cooking Oil Filtration Service located in Rally, North Carolina. Aside from determining how this works, we’ll also talk about how this business can be more on the helpful side for fast food deals or more on the harmful side for customers. Together with Dave, we will find out if this kind of enterprise is highly economical or threatening and unsafe as it compromises food safety. Most importantly, let’s find out if this deal is worth it.-----Thanks to our sponsor!Live Oak Bank - Whether you’re looking to build, buy or expand your business, let the team at Live Oak Bank be your financial guide. With Live Oak, you get a partner who believes in your success and is willing to take the journey alongside you. We provide small business loans tailored to your goals.Fuel the growth of small businesses across the country; bank with Live Oak Bank.You can contact Heather Endresen, Director & Founder at heather.endresen@liveoak.bank. Mention this podcast in the subject line and ask her about office hours to get in touch.*Live Oak Bank is the #1 SBA 7(A) Lender. The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2021.-----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.-----Show Notes: (00:00) - Introduction(00:49) - Our Sponsor is LiveOakBank.com/aa(01:57) - Deal & financials: Cooking Oil Filtration Service (02:10) - Checking in With Dave(03:47) - Deal & financials: Cooking Oil Filtration Service.(05:00) - How Does This Work? What is the secret power of cooking oil?(11:22) - How do Green customers behave in a nutshell(12:17) - This is a franchise?! How is this so Adverse?(15:54) - What’s wrong with the American diet?  (18:16) - What is the Olive Garden Effect?(19:21) - Do we like this Deal?-----Additional episodes you might enjoy:#128 Who should buy this $4.4m EBITDA, cashflow machine?#127 Should we buy this Exhibit House?#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://landing-newsletter.acquanon.com/-----Michael Girdley (@Girdley) is joined by special Co-Host Dave Housley (@housleyd) to talk about a 33-Year Old Tank Manufacturer in Texas. We’ll discover the common opportunities in this kind of business and evaluate how well connected a Company Listing is to the business as it provides useful information to consumers that tell them about the service choices, as well as comparing features, benefits, and prices. Together we will find out who would be the right buyer and most importantly, how reliable this Tank Manufacturer is.-----Thanks to our sponsor: NearHere's the deal. Remote hiring is expensive and hard. Near makes remote hiring simple and affordable.-> smart, English-speaking talent in your time zone-> save 30-70% on salary per hire-> no money up front, low-cost hiring, zero-risk-> dedicated recruiters & ~16k pre-vetted candidates-> Accounting/Finance, Sales/Marketing, Ops/VAs, Software Eng"Near is a cheat-code for any US company looking to stay competitive in the hiring market." - Sumner Vanderhoof, CEO of PropensityJoin 250+ happy customers (including @Girdley)Schedule a quick call today to get started-----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.-----Show Notes: (00:00) - Introduction(00:50) - Our Sponsor is Near(01:57) - Deal & financials: 33-Year-Old Tank Manufacturer in Texas (02:54) - What’s the background of this deal?(07:27) - What are the competition and demand for new ones?(08:21) - What is so interesting about this deal?(11:13) - How did the Business grow during the Pandemic?(14:08) - Why should you have a great copy in your listing?(17:29) - What else should we investigate if we wanted to buy this?(18:35) - What are the common opportunities in this kind of business? Who’d be the right buyer?(25:22) - How could you finance this deal? What would be a winner structure? -----Additional episodes you might enjoy:#125 Should we buy a CBD shop?#124 How much would wSubscribe 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://landing-newsletter.acquanon.com/-----Michael Girdley (@Girdley) Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills), we talk about a profitable exhibit house with recurring revenue in Houston. We’ll talk about how this works and how a business like this differentiates itself from other businesses. In addition, we will also be discussing how this business can face continuous changes in the business world, especially after the pandemic because as we all know, this major event in the world changed everything. Most importantly, you will find out if this deal is worth it.-----Thanks to our sponsor!MoreNow.co: We help you hire exceptional manager and director-level talent that costs 80% less than US-based staff.Tap into one of the world’s most talented labor pools - The PhilippinesGo to morenow.co/aa and fill out the form. Or email hire@morenow.co. Mention this pod for 15% of your first hire. -----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.-----Show Notes:(00:00) - Introduction(00:40) - Our Sponsor is Morenow.co(01:44) - Deal & financials: A profitable exhibit house with recurring revenue (03:16) - What’s the history of this deal?(06:01) - How does an exhibit house work?(07:20) - How does a business like this differentiate itself?(12:26) - What are the options the business has in dealing with the constant changes in the business world?(13:45) - What are the long-term trends for this business?(16:18) - Michael’s advice in making a Deal.(18:10) - How do you find the right Broker?(19:45) - Do we like this Deal?(23:04) - We’re getting our checkbooks ready!-----Additional episodes you might enjoy:#125 Should we buy a CBD shop?#124 How much would we pay for this Water Safety and Compliance Co?#122 ATMs are a sick business. Cash is King!  #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://landing-newsletter.acquanon.com/-----Michael Girdley (@Girdley) Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) talk about a top-rated lead generation portfolio of sites for the mortgage loan industry in Missouri, Columbia.We’ll see if this is a good or a bad deal. Together we will dissect the website and see if this is safe and worth trying.-----Thanks to our sponsor!Live Oak Bank - Whether you’re looking to build, buy or expand your business, let the team at Live Oak Bank be your financial guide. With Live Oak, you get a partner who believes in your success and is willing to take the journey alongside you. We provide small business loans tailored to your goals.Fuel the growth of small businesses across the country; bank with Live Oak Bank.You can contact Heather Endresen, Director & Founder at heather.endresen@liveoak.bank. Mention this podcast in the subject line and ask her about office hours to get in touch.*Live Oak Bank is the #1 SBA 7(A) Lender. The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2021.-----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.-----Show Notes:(0:00) - Introduction(0:35) - Our Sponsor is Liveoakbank.com(1:55) - Deal & financials: A Mortgage loan lead generator site (2:25) - What’s the story of this deal?(5:09) - How does this deal work and what’s the value they’re selling?(7:43) - Why is this deal unbelievable?(9:42) - How does this business generate leads?(10:41) - What stands out in this listing? Girdley’s expert take.(13:18) - Why does this deal deserve a shot?(14:34) - What are this deal’s competitive advantage and target market?(19:55) - Is there a reason to believe this is not defensible? (23:55) - What’s interesting about website properties? (25:23) - What is debt collection?-----Additional episodes you might enjoy:#125 Should we buy a CBD shop?#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://landing-newsletter.acquanon.com/-----Michael Girdley (@Girdley) Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) talk about an established herbal and CBD shop in Central Texas. We go deep diving into this hidden gem and have you think about whether or not we like this deal.We’ll uncover the likelihood of having a lawyer as the broker (How to go around that), RE considerations & the Girdley technique to buy a business in ANY market.-----Thanks to our sponsor!MoreNow.co: We help you hire exceptional manager and director-level talent that costs 80% less than US-based staff.Tap into one of the world’s most talented labor pools - The PhilippinesGo to morenow.co/aa and fill out the form. Or email hire@morenow.co. Mention this pod for 15% of your first hire. ----- 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.-----Show Notes:(00:00) - Introduction(00:22) - Our Sponsor is MoreNow.co(01:27) - HOT LISTING PRICE DROP!(01:48) - Deal & financials: Established herbal and CBD shop in Central Texas(02:40) - Is this deal a hidden gem?(04:59) - Why would you sign a lease where a competitor is?(06:22) - OK, pros and cons of this deal from Bill’s view.(07:23) - What are the perks of being a lawyer in the State of Texas?(11:00) - What is the place of this business in the value chain? What is going on with CBD retail?(14:34) -What’s going on with CBD eCommerce on Social Media and Big Platforms? How does that impact your CAC?(16:40) - Is this business sellable at all? How could you make this work?(19:28) - The “Boomer” wealth transfer: Real vs. Zombie businesses(23:15) - How to buy a business in ANY market? The @Girdley technique!(26:26) - What is the bull case for this deal? -----Additional episodes you might enjoy:#122 ATMs are a sick business. Cash is King!  #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