Printing money like crazy! A second ammendment related eCommerce business - Acquisitions Anonymous Episode 115

Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA), talk about a fascinating deal in Tampa, Florida where we enter the world of Firearms and Firearm-related eCommerce and find out whether this was a good or quite scary business. We also deep-dived into second amendment-style businesses that are just printing money and interesting to have in our radars.-----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(00:37) - Our sponsor is Cloudbookkeeping.com(02:04) - Deal financials: Florida firearm accessories and ammo alternatives company(04:20) - The perfect listing doesn’t exist… Does it?(04:52) - Why is this deal a razor’s edge in eCommerce?(06:44) - Is this a “moat-able” business?(07:48) - The seller owns the molds: Is that defensible?(09:00) - Why is this so profitable? Was the business affected during the COVID Bump?(11:44) - How do you avoid getting canceled when you have a 2nd amendment-related business?(14:10) - What’s SDE the trap in this industry?(16:00) - Why does Bill get scared of the compliance risks? Let’s talk about value chain risks in this business(18:57) - What are the best opportunities in this sector? Who should buy this?(19:53) - What is going on in this industry right now? What’s the outlook for the future?(21:55) - What are the good content affiliates for this business?(23:33) - What is the hidden fact about the operation?(24:07) - Check out the best business model ever(26:15) - Where do the margins come from in this business?-----Links:https://businessexits.com/listing/florida-firearm-accessories-and-ammo-alternatives-company/-----Additional episodes you might enjoy:#114 A Profitable Rafting Tour Company#113 Cherry Garcia Ice Cream Royalties#108 A fireworks store and a ski rental business for sale#106 A Pet Product and Saas business for sale - Which one do we like?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]