Is this $20mm Marina in Florida a good deal? - Acquisitions Anonymous Episode 120

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 on a full-service Marina located around the Sarasota area, Florida. We dug deep into the financials, and particulars and found some pretty fun insights about this deal. Find out if this is a good buy for you or if you should scroll past this deal.Subscribe to our channel!----- 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 Philippines Go to morenow.co/aa and fill out the form. Or email [email protected]. Mention this pod for 15% of your first hire. -----Acquisitions Anonymous episode 120Show Notes:(00:00) - Introduction(00:32) - Deal & financials: A Marina in Florida(03:03) - They have a Tiki Bar!(06:20) - What are our thoughts about the margins? Is there a risk associated with the revenue sources?(09:39) - What is going on with PE-backed capital in this niche?(10:28) - Is this $2M in cash flow real? How did they get to this number?(12:07) - Where do all the cash flow and revenue come from?(15:33) -Who’s selling this? What can we infer from that?(17:02) - Our sponsor is Morenow!(18:52) -How complicated is it to run a marina?(20:05) -Who would buy this? Where is the value?(25:12) - What do we like about this?(25:33) - Are you up for Michael’s Challenge?(26:05) -Leave us a review on your favorite podcast platform!Did you like this episode? Leave us your feedback in the comments!-----Links:Subscribe to the podcast if you’d like to listen instead:https://podcasts.apple.com/us/podcast/acquisitions-anonymous/id1533153678https://open.spotify.com/show/4rbeAODKXwwEOxf905He22 Looking to become a sponsor? Write us an email at [email protected] Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.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 [email protected]