2 Smash My Trash Franchises for sale - Acquisitions Anonymous Episode 119

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://landing-newsletter.acquanon.com/-----Michael Girdley (@Girdley), and Mills Snell (@thegeneralmills) talk about a deal named 2 Smash my trash franchises from Hennepin County, Minnesota wherein we get to know what this is all about and whether we loved or smashed the description and financials.-----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.-----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(00:25) - Deal & financials: 2 Smash My Trash Franchises(00:55) - So what kind of Deal is this?(03:34) - The first Red Flag: What is suspicious about this Deal?(04:56) - Why does the Smash Truck look so cool?(06:36) - What does the operation look like for this business?(07:12) - What are the inclusions on the Bonus Material?(08:00) - Any first impressions on the deal?(11:42) - What are the requirements for a franchisee?(12:51) - Regulatory risks & understanding of a “CYA” document(15:54) - Competition risks, lobbyists, and crossings you want to stay away from.(17:37) - Our sponsor is Cloudbookkeeping.com(19:11) - Second Red Flag in the listing: What is inconsistent with this story?(20:12) - What are the dangers of having a big competitor ready to launch lawsuits?(22:30) - Let’s discuss the unit economics of this business: Customer, value proposition & competition.(26:42) - What is going to play a big role in the performance of a Franchise? What could the overhead structure look like?(27:33) - What is the fundamental problem with franchise incentives?-----Additional episodes you might enjoy:#118 Should we get wet with a water park?#117 A Neighborhood Coffee Shop: Good or Terrible?#105 How to Make Money in the E-Commerce Game - Bill D’Alessandro gives an e-Commerce masterclass - Part 1#79 What do Investors want? - Dig into an investor’s mind with Bradford Hardin#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dollar LoanerSubscribe 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 [email protected]