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

Heather and Mills discuss the financial and operational challenges of a breakfast sausage manufacturing company. They explore the complexities of the food production industry and the potential for strategic acquisition. They also touch on local brands, making dog food, and the challenges of running a food production facility. The chapter ends with a discussion on bringing in equity for single owner operators in the food products industry.

Bill, Michael, and Heather discuss a unique e-learning business opportunity about teaching entrepreneurs how to sell books on Amazon. They explore the business's recurring revenue model, impressive growth, and potential expansion into related services. The conversation also touches on the dynamics of the e-learning industry and the challenges of managing a competitive niche.

Heather gives a master class on Med Spas, discussing compliance requirements, types of treatments, business prospects, and the challenges of including $3 million in real estate. She emphasizes the importance of analyzing services, recurring treatments, and potential industry growth. The podcast explores the role of a medical director, affordability, growth, seller financing, financial considerations, and retaining injectors in med spa acquisitions.

In episode 228, Acquisition's Anonymous features Trent Lee (@TrentBizBroker) to share his insights as the broker from the Vegas wedding chapels featured in episode 130.  He joins Heather (@EndresenHeather) and Michael (@girdley) to provide a behind-the-scenes look at the acquisition.  Trent offers some reassurance that Michael and Bill's initial breakdown of the business was pretty solid while sharing some interesting insights around the seller and eventual buyer. To watch the original episode, click here.  Thanks to this episode's sponsors!The Science of Scaling, hosted by Mark Roberge. Mark is a Senior Lecturer at Harvard Business School and in each episode, he interviews the most successful sales leaders in tech to help you learn how to scale a business. Whether that’s how to find outside capital, or what to look for in your first sales hire.Search for “The Science of Scaling” in your favorite podcast app-----------------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.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo 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 episode 227, Acquisition's Anonymous features John Wilson (@WilsonCompanies) for another episode. He joins Heather (@EndresenHeather) and Michael (@girdley) in discussing the potential acquisition of an HVAC and plumbing company in Northwestern Ohio. They analyzed the listing, priced at $980,000 with a cash flow of $235,351 and gross revenue of $1,217,347. They point out that the business seems stagnant, operating in a region with limited growth opportunities, and stress the importance of understanding customer acquisition costs. John and Heather caution against overpaying and highlight the significance of having a clear strategy for growth before acquiring a home service company.Check out the listing here: https://www.bizbuysell.com/Business-Opportunity/northwest-ohio-heating-and-air-and-plu[…]lVnUjVkUU1rVlJjNDB6Z0lGVzc5eW9CNXkxNXBOUm9Db0ZNUUF2RF9Cd0U=Thanks to today's Sponsors!HoldCoConference, the conference exclusively focused on HoldCo Entrepreneurs and Executives. This conference is where Holding Companies meet, learn, scale and grow. From tech to Home Services, Holdco Entrepreneurs from around the globe will be meeting in Cleveland this September 18-20th in Cleveland Ohio.Check out holdcoconf.com for more details.-----------------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.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo 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

Special guest John Wilson joins Acquisition's Anonymous to discuss a $12mm live event company that organizes events like Tough Mudder. Topics include venue costs, revenue channels, bookkeeping solutions, growth during COVID, and potential buyers for event companies.

In Episode 225, Heather (@EndresenHeather) and Michael (@girdley) explore an expert witness prep business. The seller is asking for $6.1 million for a Boston-based business with $4.1 million in revenue and $1.25 million in cash flow. They discuss the risks tied to the business's heavy reliance on the seller's connections and the unpredictable revenue patterns in the industry and debate whether the business can be scaled by expanding its reach beyond the seller's network and hiring sales representatives. You can find the listing here: https://www.bizquest.com/business-for-sale/expert-witness-prep-and-placement-for-law-firms/BW2117764/Thanks to this week's sponsors!Employer Flexible will help you take action to streamline your company’s HR processes. They are the proud provider of flexible and adaptable PEO services. If you’re a small business trying to grow, and you’re struggling with a lack of internal HR, or you’re just dissatisfied with your current HR setup, consider Employer Flexible as your next vendor for HR outsourcing services.Check them out at https://www.employerflexible.com/.------------------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.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo 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 episode 224 of Acquisitions Anonymous,  Michael (@girdley), Heather (@EndresenHeather), and Mills (@thegeneralmills) discuss a metal service center company for sale in Chicago. Initially promising, the deal loses its shine as they uncover pricing issues and nuances that make it less attractive. The seller's high price expectations and demands for inventory payment add complexity. They highlight the challenges of such deals, including lengthy negotiations that can deter potential buyers. Check out the listing here:https://www.bizbuysell.com/Business-Opportunity/Metal-Service-Center-Company-for-Sale/2129568/Thanks to this week's sponsors.Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------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.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo 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 Episode 223, Heather (@EndresenHeather) and Michael (@girdley) explore a unique opportunity involving a company that manufactures sports and military protective gear with a significant patent portfolio. The good: the products have some high-profile endorsements. The bad: $300 million is a steep asking price... and what's the real value of those patents?You can find the  listing here: https://mailchi.mp/websiteclosers/15-year-brand-in-the-sports-military-protective-gear-segments-massive-ip-portfolio-of-100-patents-40-repeat-customer-rate?e=57d56ab794Thanks to this weeks sponsors!Employer Flexible will help you take action to streamline your company’s HR processes. They  are the proud provider of flexible and adaptable PEO services. If you’re a small business trying to grow, and you’re struggling with a lack of internal HR or you’re just dissatisfied with your current HR setup, consider Employer Flexible as your next vendor for HR outsourcing services.Check them out at https://www.employerflexible.com/.------------------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.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo 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

Heather  (@EndresenHeather), and Bill (@BillDA) review one of Bill's favorite types of companies. Rentals! A business that manages rentals for Hollywood movie companies. They wrap up the episode with a conversation around specialized lenders and acquiring a business from your parents.Find the listing here.Thanks to our sponsors!Acquisition Lab. Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.A lot of our listeners tune in each week to our deal reviews, want to get in on buying a business, but don’t know where to start.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------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.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo 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