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

In this episode the hosts evaluate a 75-year-old drive-in restaurant in rural North Carolina generating $370K in cash flow, debating whether the steady profits and real estate make it a great lifestyle business—or a job you can never truly escape.Business Listing – https://www.bizbuysell.com/business-opportunity/own-the-legendary-city-drive-in-the-front-porch-of-spruce-pine-nc/2489437/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter💰 Sponsored by:CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comQuiet Light Brokerage specializes in helping entrepreneurs buy and sell businesses with experienced operators as brokers. They offer a free valuation clarity call to help owners understand what their business is worth and how to increase its value before selling. Learn more at https://quietlight.com/Key Highlights:- $1.3M asking price including real estate valued near $900K- $370K cash flow with potential SBA financing requiring as little as 5% down- 75-year-old local institution with strong community reputation and events revenue- Limited growth upside—business likely to remain stable but not scale dramatically- Biggest risk: dependency on the local town’s population and seasonal demandSubscribe 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]

In this episode the hosts analyze a seemingly simple daycare acquisition that reveals a deeper risk: the business may be viable, but the real estate value and neighborhood demographics could make the daycare itself economically irrational to keep running.Business Listing – https://www.bizbuysell.com/business-opportunity/profitable-child-daycare-center-near-oklahoma-city/2476097/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter💰 Sponsored by:Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.FRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/ This episode breaks down a daycare center near Oklahoma City listed for $1.875M with approximately $600K in revenue and $200K in cash flow, including the real estate. At first glance, the numbers look straightforward—but the conversation quickly shifts to the underlying economics of owning service businesses tied to specific locations. The hosts highlight that much of the purchase price may be driven by land value rather than business performance, making this more of a real estate deal than an operating company.Key Highlights:- Asking Price: $1.875M including real estate; Cash Flow: ~$200K- Licensed capacity for 82 students but currently only 66 enrolled, raising demographic risk concerns- Real estate likely represents the majority of the deal’s value rather than the operating business- Regulatory limits (staff ratios, square footage rules) structurally constrain growth potential- Creative financing idea: buy the business first, lease the property, and negotiate an option to purchase laterSubscribe 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]

In this episode the hosts dissect a Midwest trailer dealership priced at $5–7M and uncover a financial cliffhanger—questionable add-backs and heavy inventory requirements that may be masking weak true profitability.Business Listing – https://mail.mixmax.com/m/R8B9vgpovo59ao3bCWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Capital PadCapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comAcquisition LabAcquisition Lab provides a structured, hands-on program for aspiring business buyers, offering deal support, community, and proven frameworks for sourcing, diligence, and closing acquisitions. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!This episode analyzes a Midwest trailer dealership generating roughly $11.4M in revenue but only $354K in reported EBITDA, with an asking price between $5M and $7M. At first glance, the valuation appears unusually high—around 14x earnings—until the hosts discover additional financial details suggesting the owner may be taking large shareholder distributions that distort the reported profit numbers.Key Highlights:- $11.4M revenue, $354K EBITDA, asking $5M–$7M (≈14x multiple)- Large inventory requirements likely driving valuation and financing complexity- Possible hidden earnings via shareholder distributions- Commodity product with steady demand but limited differentiation- Requires deep diligence on accounting practices and working capitalSubscribe 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]

In this episode the hosts break down a high-margin American manufacturing business selling industrial coating ovens—and explore whether its explosive growth and low multiple signal opportunity or hidden risk.Business Listing – https://Quiet Light.com/listings/18828343/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter💰 Sponsored by:Quiet Light Brokerage specializes in helping entrepreneurs buy and sell businesses with experienced operators as brokers. They offer a free valuation clarity call to help owners understand what their business is worth and how to increase its value before selling. Learn more at https://quietlight.com/FRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/ This episode dives into a fast-growing U.S. manufacturing company that produces powder coating and Cerakote curing ovens used in industries ranging from hobbyist workshops to major industrial players like aerospace and defense contractors. The business generates approximately $4.8 million in revenue and $2.7 million in EBITDA, an eye-catching 57% margin, and is listed for roughly $11 million, or about 4x earnings—a surprisingly modest multiple given the growth trajectory.Key Highlights:- $4.8M revenue / $2.7M EBITDA with ~57% margins- Asking price around $11M (≈4x EBITDA)- Manufacturing facility located in a rural U.S. region requiring on-site leadership- Growth driven primarily by organic search and minimal advertising spend- Financing structure may require SBA + pari passu loan combinationSubscribe 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]

In this episode the hosts evaluate a $1M networking club franchise promising passive income—but debate whether it’s a legitimate community business or just a dressed-up social club selling access.Business Listing – https://www.bizbuysell.com/business-opportunity/ceo-life-an-exclusive-club-for-leaders-los-angeles/2459780/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter💰 Sponsored by:FRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/ Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This week’s deal is a Los Angeles-based chapter of a CEO networking club called “CEO Life,” listed for $1 million with reported $1.4 million in revenue and $576,000 in EBITDA. The business model centers on recurring membership fees from entrepreneurs and executives who attend monthly events, networking sessions, and global trips. The twist: buyers aren’t purchasing a traditional company—they’re buying the rights to operate a local franchise chapter.Key Highlights:- $1M asking price for a networking club franchise established in 2023- Reported $1.4M revenue and $576K EBITDA from recurring membership fees- Business success depends heavily on recruiting and community management skills- Revenue is sensitive to economic downturns and member churn- Major risk: franchisor incentives may prioritize selling franchises over delivering member valueSubscribe 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]

In this episode the hosts analyze a bizarre AI-powered therapeutic bed business with strong profits but questionable positioning, confusing pricing, and a whiff of pseudo-science risk.Business Listing – https://www.bizbuysell.com/business-opportunity/amazing-anti-aging-bed-ai-driven-may-qualify-for-e2-visa/2455345/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter💰 Sponsored by:Quiet Light Brokerage specializes in helping entrepreneurs buy and sell businesses with experienced operators as brokers. They offer a free valuation clarity call to help owners understand what their business is worth and how to increase its value before selling. Learn more at https://quietlight.com/Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!This week’s deal features an unusual medical wellness business selling AI-enabled therapeutic beds to spas and clinics. The company generates roughly $3.2 million in revenue and $1.1 million in EBITDA, with patented technology and a showroom/warehouse operation in Orlando. But the listing raises eyebrows immediately—starting with a $10 million asking price that mysteriously drops to $7 million just a few paragraphs later.Key Highlights:- $3.2M revenue / $1.1M EBITDA with only 7 employees- Asking price confusion: $10M headline vs. $7M later in the listing- Product targets medical spas using patented therapeutic bed technology- Seller motivation: debt payoff rather than retirement or growth strategy- Major risk: unclear product differentiation in an extremely competitive marketSubscribe 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]

In this episode the hosts debate a commercial kitchen oil filtration franchise that most liked for its recurring revenue potential, while one host strongly opposed it due to small market size, customer churn risk, and dependence on struggling restaurants.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comFRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/This episode examines a franchise opportunity in the commercial kitchen services industry: a business that filters and recycles cooking oil for restaurants using proprietary mobile filtration equipment. The concept is simple but operationally intensive—technicians visit restaurants regularly to extend the life of fryer oil, reducing costs for customers while creating recurring service revenue. Entry costs to start a territory are roughly $130K–$150K, and average single-territory operators generate around $300K–$430K in annual revenue across roughly two to three service vans.Key Highlights:- Startup investment roughly $130K–$150K per territory- Average single territory revenue $300K–$430K with 2–3 vans- Estimated 20–25% net margins after normalization- Key risk: reliance on restaurants with high failure and churn rates- Split verdict: most hosts thumbs-up, one strong thumbs-downSubscribe 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]

In this episode the hosts analyze a tiny niche SaaS serving midwives and doulas with 80% margins but conclude the $400K price is too high given zero growth, easy replication risk, and limited market traction.Business Listing – https://app.acquire.com/startup/RTfV2nUkg3XOxCPzFPRUN7GKFAa2/aU5FsXh9pf75NQvT63vk?utm_medium=email&_hsenc=p2ANqtz-__J2ejVpNV5NSbl0JZGv6SN2zobtE4lJuz0guU2Pa_fDdYC8WCuGawNjZ86ZKUmpIGKH8h9919jxo5VypE2V6ZIeXKPw&_hsmi=409176559&utm_content=409176559&utm_source=hs_emailWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Acquisition LabAcquisition Lab is a hands-on training and support community for aspiring business buyers. Members get structured guidance on sourcing deals, performing diligence, and closing acquisitions—plus access to experienced mentors and a network of fellow operators navigating the same journey. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!FRANZYThinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/This episode explores a niche HIPAA-compliant SaaS platform designed for midwives, doulas, and OB-GYN providers to track pregnancy and birth data. The business generates approximately $139K in annual recurring revenue and about $97K in profit, boasting unusually high margins near 80% due to its lean operating structure. The asking price is $400K, representing roughly 4.1x profit or 2.9x revenue.Key Highlights Section:- $139K ARR, $97K profit, asking $400K (~4.1x earnings)- Extremely high margins (~80%) but zero growth since launch- Niche customer base of ~100 midwives and doulas- Major risk: easy product replication using modern AI tools- Falls into a “no-man’s land” size—too big for a hobby, too small for a full-time operatorSubscribe 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]

In this episode the hosts review an Alabama non-emergency medical transportation business priced around $1.0–1.4M and unanimously reject the deal due to unstable earnings, questionable financial reporting, and heavy dependence on government contracts.Business Listing – https://www.dealonomy.com/s/non-emergency-medical-van-transportationWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Viso Business CapitalViso Business Capital helps acquisition entrepreneurs secure the right SBA loan by matching them with lenders that fit their specific deal. With access to over 30 lending partners, they streamline the financing process so buyers can close faster and with better terms. Sign up for a free live Q&A on SBA loans at https://www.visocap.netQuiet Light BrokerageQuiet Light Brokerage specializes in helping entrepreneurs buy and sell businesses with experienced operators as brokers. They offer a free valuation clarity call to help owners understand what their business is worth and how to increase its value before selling. Learn more at https://quietlight.com/This episode analyzes a non-emergency medical transportation (NEMT) company in Alabama generating roughly $3M in revenue and about $376K in seller’s discretionary earnings, with an asking price between $1.0M and $1.4M. The business operates a fleet of specialized vehicles transporting patients to medical appointments under government and institutional contracts, including federal agreements that drive a significant portion of revenue.Key Highlights Section:- $3M revenue, ~$376K SDE, asking $1.0M–$1.4M (~3–4x multiple)- Recent financial volatility, including losses in prior year- Heavy reliance on government or Medicaid-related contracts- Asset-heavy model requiring fleet utilization discipline- Unanimous thumbs-down from hosts due to risk and data quality concernsSubscribe 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]

In this episode the hosts evaluate a Miami-based architectural sign manufacturer generating roughly $1.9M in seller earnings, debating whether its attractive 3.3x multiple hides customer concentration risk and heavy dependence on the retiring owners’ relationships.Business Listing – https://www.bizquest.com/business-for-sale/architectural-sign-manufacturer/BW1920184/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrLooking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:HighLevelHighLevel is an all-in-one CRM platform that helps small businesses manage emails, SMS campaigns, funnels, and customer relationships in one place. It’s designed to simplify operations and automate follow-ups so owners can focus on growth instead of juggling multiple tools. Automate, manage, and grow your business at https://www.gohighlevel.comCapital PadCapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThis episode features a searcher bringing a real deal he’s considering: a Miami-based architectural sign manufacturing company with approximately $6.9M in revenue and $1.9M in seller’s discretionary earnings, listed for $6.3M (about 3.3x SDE). The business specializes in high-end signage for large commercial clients—including cruise lines, hotels, and hospitals—and operates from a 17,000-square-foot facility with separate real estate valued at roughly $4.7M.Key Highlights:- $6.9M revenue, $1.9M SDE, asking $6.3M (~3.3x multiple)- High-end architectural sign manufacturer serving cruise lines and hospitals- Real estate valued at $4.7M sold separately with seller financing- Major diligence risks: customer concentration, project-based revenue, owner dependency- Only one month transition offered—significant operational riskSubscribe 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]

In this episode, the hosts review the franchise disclosure document for Comfort Keepers and debate whether senior in-home care franchising is a scalable wealth builder—or a people-management headache best left to the right operator.Business Listing – https://drive.google.com/file/d/1r5H1kMC9XeqI5RudHPEJGf4iD-7hcNCl/view?usp=sharingWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:FRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThis week, Alex Smereczniak joins the show to walk through something we rarely analyze: a full Franchise Disclosure Document (FDD). The focus is on Comfort Keepers, a non-medical in-home senior care franchise with over 600 units and decades of operating history. The hosts dig into Item 7 (startup costs), Item 19 (unit-level financial performance), and Item 20 (unit openings and closures) to evaluate the system’s health. Startup costs range roughly $100K–$160K, largely working capital. Mature units average well into seven figures in revenue, with top performers exceeding $20M annually. Closures are relatively low, and most franchisees have operated for 7+ years—strong signals for system stability.Key Highlights:- Senior in-home care franchise with 600+ locations and long operating history- Startup cost: ~$100K–$160K; revenue potential into 7 figures- Majority of units operating 7+ years; relatively low closures- Labor-heavy model with 25–100 caregivers per territory- Macro demographic tailwinds: aging population drives demandSubscribe 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]

In this episode the hosts evaluate a niche aerospace and military parts distributor earning $1.9M EBITDA, debating whether its high margins and sticky customers outweigh the risks of extreme customer concentration and geopolitical exposure.Business Listing – https://mail.mixmax.com/m/xi0KeLAu5yQZPLwgcWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:HighLevelHighLevel is an all-in-one CRM platform designed for small businesses that want to manage email, SMS campaigns, funnels, and customer relationships in one place. Think of it as the Swiss Army knife for operations and marketing—helping owners automate follow-ups, streamline communications, and scale growth without juggling multiple tools. Automate, manage, and grow your business at https://www.gohighlevel.comViso Business CapitalViso Business Capital helps buyers secure the right SBA loan structure by working with over 30 lenders to find the best rate and fastest path to closing. Whether you're a first-time buyer or experienced operator, their team helps you navigate financing complexity so you can focus on winning the deal. Sign up for a free live Q&A on SBA loans at https://www.visocap.netThis episode features a specialized aerospace and defense parts distributor generating $8.2M in revenue and approximately $1.9M in adjusted EBITDA, with an asking price of about 4.2x earnings. The company focuses exclusively on exporting U.S.-manufactured military-grade components—such as connectors, switches, and precision hardware—to international defense and aerospace customers. Its lean operating model and compliance infrastructure allow it to maintain unusually high margins for a distributor, approaching 25%.Key Highlights :- $8.2M revenue, $1.9M EBITDA, asking roughly 4.2x multiple- 95% of revenue from five customers—extreme but typical concentration in defense supply chains- High-margin niche distribution business with strong compliance and export capabilities- Significant working capital and inventory requirements likely needed at closing- Growth depends on expanding into new countries or defense programsSubscribe 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]

In this episode the hosts talk about buying a 49-year-old California courier business generating $770K in cash flow—but debate whether the 5x multiple is justified given growth limits, customer concentration risk, and potential regulatory threats to its 1099 driver model.Business Listing – https://www.bizquest.com/business-for-sale/profitable-courier-business-for-sale-in-california/BW2474620/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThis episode dives into a long-standing courier company located on California’s Central Coast serving Ventura, Santa Barbara, and San Luis Obispo counties. The business generates approximately $2.6M in revenue and $770K in seller’s discretionary earnings, with an asking price of $3.85M (5x SDE). Its asset-light model relies on independent contractor drivers using their own vehicles, resulting in strong margins near 30% and minimal capital expenditure requirements.Key Highlights:- $2.6M revenue, $770K SDE, asking $3.85M (5x multiple)- 49-year operating history with 16 years under current ownership- Asset-light model using 1099 drivers and zero vehicle ownership- Major risks: customer concentration, working capital timing, regulatory changes- Likely requires ~$1.6M equity and strong seller transition supportSubscribe 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]

In this episode the hosts break down a $6.5M three-location sports bar franchise in Florida, debating whether strong cash flow and real estate ownership offset the long-term risks of declining alcohol consumption and the brutal realities of running restaurants.Business Listing – https://www.bizbuysell.com/business-opportunity/multi-unit-sports-bar-franchise-generating-strong-revenue/2357645/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrLooking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThis episode explores a three-location sports bar franchise in Sarasota County, Florida, listed for $6.5M with roughly $9.4M in revenue and about $1.5M in seller discretionary earnings. One of the locations includes owned real estate valued at roughly $2.9M, while the other two operate under leases.Key Highlights- $6.5M asking price for three sports bar franchise locations generating $1.5M cash flow.- Approximately $2.9M of the purchase price tied to real estate at one of the locations.- Nearly $3M revenue per unit, which is strong for a casual dining concept.- Discussion about Gen Z drinking less alcohol, creating potential long-term headwinds.- Operating risks include regulation, liability, labor management, and volatile daily traffic.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]

In this episode the hosts analyze a $6.5M two-location luxury day spa franchise in Dallas, debating whether its 20-year track record and $1.4M EBITDA make it a rare franchise opportunity—or just unusually enthusiastic broker marketing.Business Listing – https://www.bizbuysell.com/business-opportunity/two-location-luxury-franchised-day-spa/2459661/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comIn this episode, the hosts examine a two-location luxury day spa franchise in the Dallas–Fort Worth area listed for $6.5M. The business generates roughly $6.4M in annual revenue and about $1.4M in EBITDA, giving it a valuation around 4.6–4.8× earnings—a multiple that seems reasonable for a stable franchise with two decades of operating history.Key Highlights- $6.5M asking price for a two-location luxury day spa franchise in Dallas generating $1.4M EBITDA.- Massive locations with 41 treatment rooms and ~70 employees across both spas.- Business has 20 years of operating history, one of the longest-tenured franchise deals reviewed on the show.- Key diligence items include lease terms, labor model, and recurring membership revenue.- Debate around franchise deal dynamics: outsiders may need to overpay versus existing franchisees.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]

In this episode the hosts analyze a $36M Lake Powell boat and powersports rental empire, debating whether the massive fleet of boats, jet skis, ATVs, and marina access creates an incredible asset yield—or an overpriced operational headache.Business Listing – https://www.boatrentalslakepowell.com/business-for-sale/#:~:text=A%20boat%20rental%20business%20for%20sale%20is,email%20lists%2C%20supplier%20prices%2C%20and%20phone%20systems**Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comViso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This episode dives into a $36.9M boat and powersports rental business on Lake Powell, featuring a massive asset base that includes Mastercraft wake boats, jet skis, ATVs, service vehicles, commercial buildings, and even RV storage. The business rents luxury boats for as much as $2,500 per 8-hour rental and operates across multiple marinas at one of the most popular recreational lakes in the United States.Key Highlights- $36.9M asking price for a Lake Powell recreation rental business with boats, jet skis, ATVs, real estate, and RV storage.- Luxury wake boats rent for ~$2,500 for 8 hours, with delivery packages up to $15K for destination rentals.- Highly asset-heavy business model where ROI depends on fleet utilization and replacement cycles.- Critical dependency on marina access and tourist traffic for lead generation.- Complex accounting considerations including depreciation, resale of equipment, and potential tax recapture.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]

In this episode, the hosts analyze a three-location skincare franchise in Alexandria, VA generating $6.4M in revenue—but debate whether razor-thin margins and franchisor red flags make this a falling knife.Business Listing – https://www.bizbuysell.com/business-opportunity/3-open-and-operating-skin-care-franchises-in-dmv-with-6-4m-in-revenue/2472429/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comGo High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comThis week, the hosts break down a three-location skincare franchise in Alexandria, Virginia (DMV area) generating $6.4M in revenue with $356K in EBITDA. The concept positions itself as a “modern facial studio,” blending spa-quality services with fitness-style memberships. Revenue is driven by three streams: recurring membership dues, à la carte facial services, and high-margin retail skincare products. On paper, it taps into the $100B U.S. skincare market and operates in a high-income region.Key Highlights:- $6.4M revenue across 3 locations; $356K EBITDA (≈5% margin)- $2M asking price — difficult to finance at current earnings- Membership + services + retail model modeled after fitness studios- Corporate-owned franchise locations being sold as a package- Key risk: churn, labor intensity, lease exposure, and unclear store-level rampSubscribe 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]

In this episode, the hosts analyze a $2M revenue mobile dog grooming franchise on Long Island and debate whether strong margins and recurring revenue justify the premium price—especially after franchise fees and fleet CapEx.Business Listing – https://www.bizbuysell.com/business-opportunity/8-years-open-operating-and-profitable-franchisor-s-founding-location/2444631/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!This week, the hosts, and franchise expert Connor Groce break down an intriguing pet services deal: a mobile dog grooming franchise covering all of Long Island, New York. The business generates $2.1M in revenue with a stated $744K EBITDA and is asking $3.2M. It operates 13 fully outfitted grooming vans and serves Nassau and Suffolk counties—no storefront required. As the founding location of the franchise system, it also comes with brand credibility and operational systems built over eight years.Key Highlights:- $2.1M revenue, $744K stated EBITDA, $3.2M asking price- 13 mobile grooming vans serving Long Island territory- Franchise royalty adjustment likely reduces true cash flow- Customer loyalty risk tied to individual groomers- SBA loan likely viable—but franchise approval and bank underwriting matterSubscribe 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]

In this episode, the hosts break down a 30-year-old site prep and grading business in coastal North Carolina, debating whether steady demand and durable relationships outweigh the heavy equipment CapEx risks.Business Listing – https://www.bizbuysell.com/business-opportunity/excavation-grading-and-hauling-business-for-sale/2464393/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.This week, the hosts analyze a $4.2M revenue excavation, grading, and hauling business located near Wilmington, North Carolina. Founded in 1993, the company specializes in land clearing, structural demolition, grading, and material hauling—essentially delivering flat, build-ready dirt lots to developers and builders. The asking price is $3.6M and includes $480K of owner-occupied real estate plus a full fleet: excavators, dozers, dump trucks, trailers, and more.Key Highlights:- $4.2M revenue excavation & site prep company; $3.6M asking price- 30-year operating history with 13 FTEs and significant heavy equipment fleet- Major diligence focus: maintenance CapEx vs. true EBITDA- SBA 12-month seller transition rule creates relationship transfer risk- Strong local moat: equipment proximity limits out-of-state competitionSubscribe 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]

In this episode the hosts break down a one-year-old “digital wellness” SaaS porn-blocking app doing ~$100K in profit from a single YouTube video—and debate whether it’s worth $600K or just a $30K rebuild with better marketing.Business Listing – https://flippa.com/12197961-1-porn-blocker-app-ios-windows-b2c-saas-196k-gross-161k-net-604-subs-10k-mrr-0-57-dispute-all-from-a-single-traffic-source-huge-untapped-growthWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comIn this episode, the hosts break down a fascinating SaaS listing sourced from the University of South Carolina’s entrepreneurship-through-acquisition class. The target? A one-year-old porn-blocking “digital wellness” app based in Michigan generating $180K in gross revenue, ~$8.8K in monthly recurring revenue, and an eye-popping 85% margin—all driven by a single YouTube video.Key Highlights:- $180K gross revenue, ~$8.8K MRR, ~85% margins, ~600 subscribers- 100% of traffic from a single YouTube video (massive concentration risk)- Asking 5.6x multiple despite minimal infrastructure and inconsistent listing details- Easily replicable tech stack? Likely VPN-based content filtering- Major upside via influencer/UGC marketing in health & wellness channelsSubscribe 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]

In this episode the hosts evaluate a $2.1M virtual reality forklift training business generating $600K+ in annual profit and debate whether it’s a durable industrial SaaS opportunity—or a niche hardware rental play facing automation headwinds.Business Listing – https://flippa.com/12243476-8-y-o-virtual-reality-training-and-workplace-development-platformWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comFRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/This week, the hosts review an 8-year-old Georgia-based virtual reality forklift training company listed for $2.14M on Flippa. Founded in 2017, the business generates approximately $50K/month in profit (~$600K annually) with 66% margins and a 3.5x earnings multiple. The company sells VR forklift simulators and software licenses to technical colleges and industrial clients, combining hardware kits with recurring licensing revenue.Key Highlights:- Asking Price: $2.14M (3.5x profit, ~2.3x revenue)- Location: Georgia-based VR forklift simulator company- Strong presence in technical college systems- Hybrid hardware + software model (not pure SaaS)- Major debate: long-term viability vs. automation & robotic forkliftsSubscribe 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]

In this episode, the hosts analyze a $36M Florida-based vertically integrated countertop business with strong EBITDA—but big risks tied to real estate, cyclical new construction, and questionable growth potential.Business Listing – https://www.bizbuysell.com/business-opportunity/premier-vertically-integrated-countertop-manufacturer-and-installer/2375304/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This week’s deal features a $36M listing for a Florida-based, vertically integrated countertop manufacturer and installer doing $19.2M in revenue and $4.8M in EBITDA. The company serves primarily new residential construction customers, operating out of a 45,000-square-foot facility that's under 50% capacity, with real estate included in the asking price.Key Highlights:- $36M asking price, $4.8M EBITDA (~7.5x multiple)- Florida-based countertop fabrication & installation biz- Revenue: $19.2M; facility operating under 50% capacity- Primarily B2B—home builders, no showroom or retail model- Real estate included (45,000 sq ft), inventory only $50KSubscribe 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]

In this episode, the hosts break down a portfolio of eight Scooter’s Coffee franchises in Louisville, KY, debating its $7.5M price tag, real estate mystery, and potential as an operator or add-on play.Business Listing – https://www.bizbuysell.com/business-opportunity/8-scooter-s-coffee-franchises-profitable-turnkey-louisville-ky/2419862/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comCapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThe team dives into a listing for eight Scooter’s Coffee drive-thru franchises in the Louisville, KY metro, generating $7.5M in revenue and $1.09M in NOI—a 15% margin. Offered either as a bundle or individually, the portfolio boasts high-traffic locations, compact footprints, and turn-key staffing. However, the listing omits critical details on lease terms and real estate ownership.Key Highlights:- $7.5M asking price, $1.09M NOI (~7x multiple)- 8 Scooter’s Coffee franchises in Louisville, KY- No real estate included; possible long-term ground leases- Units average 664 sq. ft. with drive-thru-only formats- Offered individually or as a portfolio—raising questions about quality spreadSubscribe 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]

In this episode, the hosts break down a $1M EBITDA smart home and AV integration business in booming Charlotte, NC—debating whether the real opportunity lies in the electrical add-on and attached $3.5M showroom real estate.Business Listing – https://www.bizbuysell.com/business-opportunity/1-00mm-sde-smart-home-and-av-integration-company-in-charlotte/2365518/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:FRANZY - Thinking about buying a franchise instead of an independent business? FRANZY is a free platform built for acquisition-minded entrepreneurs who want to explore franchise ownership without broker bias. FRANZY matches you with franchise opportunities based on your capital, goals, and lifestyle—and includes free coaching from experienced franchise operators. If you're exploring ETA but want a structured, system-driven alternative, check out https://franzy.com/Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!This week, the hosts evaluate a 15-year-old smart home and AV integration company in Charlotte, North Carolina generating $3.6M in revenue and exactly $1M in Seller’s Discretionary Earnings. The asking price? $3.5M (3.5x SDE), plus an additional optional $3.5M for a showroom property not included in the business price.Key Highlights:- $3.6M revenue | $1M SDE | Asking 3.5x multiple- 70% residential / 30% commercial mix- 18 employees including technicians, project managers & leadership- $3.5M optional showroom real estate with structuring upside- Major growth lever: Add licensed electrical services for full-stack installsSubscribe 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]

In this episode, the hosts explore a $5M remote Wyoming ski resort with epic scenery, zero financials, and huge hidden costs—ultimately concluding it's a billionaire’s hobby, not a real business.Business Listing – https://www.land.com/property/230-acres-in-washakie-county-wyoming/24410346/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comViso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This week’s deal is a $5 million ski resort in the remote Bighorn Mountains of Wyoming, complete with a 20,000 sq ft lodge, 35 ski trails, 15 cabins, an RV park, and a single lift facing a pristine alpine lake. But what sounds like a winter wonderland quickly raises red flags: there are no financials listed, no clear cash flow, and heavy CapEx lurking beneath the snow.Key Highlights:- $4.9M price tag for 230 acres in Wyoming with ski and summer amenities- 800 ft vertical drop, 1 ski lift, cabins, bar, restaurant, wedding venue- No stated revenue or EBITDA—possibly breakeven at best- Remote location = staffing, access, and utility maintenance challenges- Hosts suspect it's better for a cult compound or tax-optimized lifestyle than a business investmentSubscribe 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]

In this episode, the hosts break down a highly optimized, $34M freight brokerage specializing in weird, mission-critical loads—one of the best businesses they’ve seen, and totally out of reach for most buyers.Business Listing – https://drive.google.com/file/d/1ir1uPXvP33JxMYO-AkT5Qv3DsjmL2o_j/view?usp=sharingWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThis freight brokerage is one of the biggest—and cleanest—deals Acquisitions Anonymous has ever reviewed. Project Overland is a tech-enabled, non-asset-based logistics company specializing in high-complexity loads: think seafood, distilled spirits, disaster response, and massive equipment rental. With $34.3M in projected 2025 revenue and $5.5M in adjusted EBITDA, the business offers niche expertise in hard-to-serve freight segments.Key Highlights Section:- $34.3M revenue / $8.7M net revenue / $5.5M EBITDA (2025 projections)- Specializes in complex freight: alcohol, seafood, equipment, disaster relief- Non-asset-based with Colombia-based BPO support- Tech-enabled, AI-driven TMS platform- Likely to trade at 7–9x EBITDA to private equity buyersSubscribe 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]

In this episode, the hosts dissect a small Alberta-based distributor of oil and gas measurement tools, revealing a niche but sleepy business that may be just two guys and a warehouse—and whether that’s worth buying.Business Listing – https://dashboard.dealforce.com/deals/profiles/Profile69308.pdfWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comViso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This week's deal is a small, decades-old Canadian distributor of measurement and control equipment for the oil and gas industry, based in rural Alberta. The company does about $2.75M in revenue and $208K in EBITDA (possibly CAD), offering pressure, flow, and temperature monitoring tools—plus parts and calibration support—to over 200 recurring customers across North America.Key Highlights:- Revenue: $2.75M | EBITDA: $208K (2026 estimates)- Location: Rural Alberta, Canada; low customer concentration- Likely just 1-2 operators, mostly parts distribution, not services- Potential upside through long-overdue price increases- Brokered by Generational Equity, with discussion on their practicesSubscribe 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]

In this episode, the hosts dissect a high-revenue, fast-scaling precious metals buyer that might be both a goldmine and a landmine—complete with potential regulatory issues, cash-heavy operations, and lending red flags.Business Listing - https://dashboard.dealforce.com/deals/profiles/Profile69159.pdfWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr💰 Sponsored by:CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comAcquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!The hosts dive into a fascinating Generational Equity listing: a $41M revenue precious metals buyer with projected $6M EBITDA for 2025. With over 15 years in operation and locations across the Eastern U.S., the business buys gold, silver, coins, diamonds, and more directly from consumers, then flips those assets to refineries, retailers, or via eBay. Their proprietary ERP and X-ray fluorescence tech help optimize resale and manage inventory—but the model relies heavily on market prices and velocity.Key Highlights:- Projected 2025 Revenue: $41M; Projected EBITDA: $6M (15% margin)- Operates consumer-facing storefronts buying and flipping precious metals- Uses proprietary ERP and X-ray fluorescence tech for pricing and inventory- Regulatory red flags, cash-heavy business, possible money laundering risks- SBA financing unlikely; creative deal structure or all-equity requiredSubscribe 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]

In this episode, the hosts dive into a Florida-based SaaS company in the real estate sector that's priced to sell—but bleeding revenue.Business Listing – https://app.acquire.com/startup/26wwAQaY24S5C4txn71j2HdqiKu2/x8eRIpHn7PfpSoYsGPTD?utm_medium=email&_hsenc=p2ANqtz-8LEzB2ryhB4m0MQmOHRKit018nnoNJu6uuI2GFxXea-Y3y7JV2S-lwR5fiogyjJ_EmM-ewVsI_rTWlzqw_GqYUfRwwPw&_hsmi=396428624&utm_content=396428624&utm_source=hs_emailWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThis week, Michael Girdley and Bill D’Alessandro break down a SaaS deal out of Florida that’s serving real estate brokerages with back-office automation and e-sign tools. The business is generating $1.4M in revenue and $617K in profit—but it’s shrinking fast, with a -17% annual growth rate.Key Highlights:- Asking price: $2.5M for $617K in profit (4.1x)- Serving real estate brokerages with e-sign and transaction management tools- -17% YoY revenue decline raises red flags- Customer churn sits at 1–3% monthly- Massive TAM but no clear go-to-market engine in placeSubscribe 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]

In this episode, the hosts break down a mysterious $10.5M luxury treehouse Airbnb resort in Ohio and debate whether it’s a dream deal or a distressed dud.Business Listing – https://www.bizbuysell.com/business-real-estate-for-sale/unique-multi-cabin-resort-destination-retreat-and-private-estate/2432905/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comViso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This week, Bill D’Alessandro and Mills Snell examine a $10.5M listing for a luxury treehouse resort in Ohio. Featuring 135 acres of private land, multiple elevated cabins, spa-style amenities, and potential for weddings and corporate retreats, this property blends short-term rental cash flow with serious real estate value—or so it claims.Key Highlights:- Asking price: $10.5M, including 135 forested acres with river frontage- No revenue or EBITDA disclosed—possible sign of distress- Multiple luxury treehouse cabins, marketed as a premium retreat- Significant risk tied to Airbnb dependence, occupancy rates, and seasonality- Hosts debate whether it's a hidden gem or a financial landmineSubscribe 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]

In this episode, the hosts break down a $34M revenue heavy equipment dealership in Western Canada doing $9.2M in EBITDA — a high‑growth, high‑margin, possibly monopolistic business — and question why it’s for sale, if it’s truly a “license to print money,” and whether a U.S. buyer could even touch it.Business Listing – https://dashboard.dealforce.com/deals/profiles/profile66806.pdfWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comAcquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!In this episode, the Acquisitions Anonymous crew — Michael, Bill, Heather, and guest Josh Thomason — explore one of the most eye‑popping deals they've seen: a Western Canada-based industrial equipment dealership with $34M in projected 2025 revenue and $9.2M EBITDA. The business serves over 700 clients across construction, forestry, recycling, and oil field reclamation sectors, offering equipment sales, rentals, parts, transport, fabrication, and even financing. With a 26% CAGR over the past 3 years and 30%+ EBITDA margins, this is not your average dealer — it might be a monopolistic goldmine.Key Highlights:- Heavy equipment dealer with $34M projected revenue and $9.2M EBITDA- Product lines include crushing, screening, conveyors, shredders & wash plants- Strong customer base: 700+ accounts, 84% repeat business, low concentration- Growth: 26% CAGR over 3 years, with diverse income from sales, rentals, and parts- Risks: brand dependence, dealership transferability, cross-border complexity for U.S. buyersSubscribe 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]

In this episode, the hosts dig into a $20M revenue government contracting business that’s veteran-owned and focused on procurement for defense and healthcare — debating contract stickiness, declining revenue, and whether the business is even transferable without the founder’s special status.Business Listing – https://dashboard.dealforce.com/deals/profiles/profile69185.pdfWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comViso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.The hosts break down a fascinating (and complicated) government contracting opportunity: a Southern US-based “consulting” business that’s more accurately a supply chain procurement facilitator with $18M–$20M in revenue and a sticky niche in defense manufacturing support. It operates under a Service Disabled Veteran Owned Small Business (SDVOSB) designation, allowing it to secure federal contracts with competitive advantages — but only if the owner qualifies.Key Highlights:- ~$20M revenue, ~10% margin business with $58M in future contracts- Services include sourcing, procurement, logistics, and staffing for federal clients- SDVOSB status is essential — and may limit who can actually acquire the company- Potential earnings dip in 2025 raises red flags around contract loss or non-recurring revenue- Working capital intensity and transferability challenges make seller financing attractiveSubscribe 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]

In this episode, the hosts dig into a $6.9M luxury transportation company in Dubai featuring Rolls Royce limos, juicy cashflow, and an ultra-regulated moat — but uncover big risks tied to politics, licensing, and the challenges of operating in a tightly networked Emirati ecosystem.Business Listing – https://synergybb.com/listings/established-and-synergistic-luxury-transport-operations-uae/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comThe hosts take on one of the more exotic deals ever featured on Acquisitions Anonymous: a pair of sister companies offering luxury limo services in Dubai. With $3.5M in annual revenue and $1.5M in net cashflow, the $6.9M asking price reflects a 4.6× multiple. The fleet includes Rolls Royces, the clientele includes embassies and ultra-high-net-worth individuals, and the operational moat includes tight regulation, driver visa restrictions, and limited market entry for competitors.Key Highlights:- Price & Performance: $6.9M ask, $3.5M revenue, $1.5M net cashflow (~4.6× multiple)- Moat: RTA licensing, driver visa control, and regulatory barriers create high exclusivity- Fleet: Includes luxury vehicles like Rolls Royce limos; possible asset-backed financing play- Risk Factors: Insider-only licenses, regulatory uncertainty, and transition instability- Solution Pitch: Keep founders onboard with a minority rollover to maintain licensing edgeSubscribe 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]

In this episode the hosts break down a $4.3M SBA‑eligible niche digital marketing agency serving legal clients, exploring its strong growth, high margins, client retainer model, and the risks around leverage and industry uncertainty.Business Listing – https://quietlight.com/listings/15442269/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comIn this installment of Acquisitions Anonymous, Bill and Michael are joined by Capital Pad co‑founder Travis Jamison to review an eight‑year‑old digital marketing agency focused on lead generation and strategic advertising for legal firms. With nearly $2M in revenue and ~50% year‑over‑year SDE growth, the agency boasts roughly $1M in income at ~50% net margins, 65 active clients on retainer, and no concerning client concentration. The seller has built a team of about 10 people, works only 20 hours a week, and the business is SBA‑eligible — though with a caveat around debt coverage if the new owner wants to draw a salary.Key Highlights:- Business Size & Growth: ~$2M revenue, ~50% net margins, ~47% year‑over‑year SDE growth.- Model: Digital marketing agency specializing in legal firm lead generation and retainers.- Client Base: ~65 active clients averaging ~$3,200/mo each with no heavy concentration risk.- SBA Notes: Eligible for SBA lending, but high multiple means max leverage might preclude owner salary.- Risks Noted: Changing digital marketing landscape, debt coverage concerns, founder dependency on relationships.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]

In this episode the hosts roast an Instagram mass‑DM SaaS deal pitched on Acquire.com, tearing into its tiny revenue, questionable value proposition, platform‑risk exposure, and why it’s probably not worth buying.Business Listing – https://app.acquire.com/startup/KyPEOStFQyc5IElJIxbZfkbeWnE3/VRURAPXgQl3oGbimEwyP?utm_medium=email&_hsenc=p2ANqtz-9PQ_NffkgAJrVAnAt7GRNQAS61UOlqqm9Pj6fEzkwirlwcj5NUB6UdXSTHBZs7yK96zJUPq16CTLeJSDcOBm3jGYePVg&_hsmi=394180933&utm_content=394180933&utm_source=hs_emailWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comThis week on Acquisitions Anonymous, the hosts open with some light banter about cold weather vibes and injury stories before diving into a deal that might be right up someone’s wheelhouse: an Instagram mass‑DM automation software targeted at agencies and small businesses. With an asking price of $235,000 — roughly 5.9× profit and 4.6× revenue — the tool claims 25% year‑over‑year growth, 80% margins, and the ability to send “unlimited personalized” DMs at scale. Sounds spicy — until the panel starts slicing it apart.Key Highlights:- Instagram DM outreach SaaS asking $235,000, with ~$51K TTM revenue.- Tiny scale: ~100–250 customers, ~$3.5K/mo revenue, ~$2.7K/mo profit.- Competes in a crowded, low‑barrier space with low switching costs.- Major platform risk — could be shut down by Instagram at any time.- Hosts emphasize better strategies: niche positioning or “done‑for‑you” services.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]

In this episode the hosts hilariously critique a New England insulation and energy‑efficiency contractor deal, debating subsidy dependency, normalized EBITDA red flags, and whether it’s a business worth owning.Business Listing – https://drive.google.com/file/d/1x1fQmCWxkw0Jzbhc-vGwR89oK25r91Lm/view?usp=drive_linkWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.comThis week on Acquisitions Anonymous, Michael, Heather, and Mills tackle a unique deal in the home services world — a premier insulation and energy‑efficiency contractor operating in New England with roughly $5.3M in annual sales and a normalized EBITDA of about $671K. The business benefits from utility‑run programs like MassSave and EnergyWise, which drive much of its lead flow, but the panel quickly zeroes in on the risks inherent in those subsidy‑dependent revenue streams and skinny net margins once normalized adjustments are factored in.Key Highlights:- New England insulation & energy efficiency contractor with $5.3M revenue.- Revenue driven heavily by utility subsidy programs (MassSave/EnergyWise).- Normalized EBITDA ~ $671K but thin net margins after realistic adjustments.- Discussion on dependency risk of government/utility funding.- Debate over true profitability once owner labor and capex are normalized.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]

In this episode, the hosts break down a high-margin farrier training school in Idaho with strong social media presence, lucrative real estate, and serious lifestyle business appeal.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comTonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.This episode covers one of the most compelling lifestyle businesses ever discussed on the show: an equestrian industry school (farrier training) based in Idaho. Priced at $3.5M, including $2.2M worth of real estate, the business generates $477K in annual cash flow on $1.1M in revenue. The school offers technical hoof-care certifications ranging from 3 to 36 weeks and operates year-round.Key Highlights:- Asking Price: $3.5M including $2.2M real estate- EBITDA: ~$477K on $1.1M revenue (~45% margin)- 740K+ social followers drive student demand- Runs remotely, relies on local horses—no herd ownership- Ideal for horse lovers; founder’s brand is crucial to continuitySubscribe 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]

In this episode, the hosts dig into a port-a-potty rental company with $4.1M in revenue and a $2M price tag, revealing a capital-heavy, route-based business that's either a blue-collar dream or an operational nightmare.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comAcquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!In this gritty episode, the team breaks down a portable toilet rental business based in the southeastern U.S., generating $4.1M in revenue with $1.5M in EBITDA and listed for $2M—less than 1.5x earnings. The business includes over 1,000 units, 5 trucks, and a property with a discharge pond and mobile home.Key Highlights:- Asking Price: $2M; Revenue: $4.1M; EBITDA: $1.5M- Includes 1,000+ toilets, 5 trucks, real estate with discharge pond- 60% revenue from recurring construction jobs; 40% from events- High capex, driver and routing challenges, regulatory scrutiny- Seller likely fatigued; business could scale with better ops and techSubscribe 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]

In this episode, the hosts dissect a fast-growing mattress manufacturer with $43M in revenue and shrinking margins—raising questions about customer acquisition, product differentiation, and whether this red-ocean DTC business is salvageable or doomed.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comThis week, the hosts examine a mattress manufacturing business located in the southern U.S. that scaled rapidly—from $16M in revenue to $43M in just three years—but saw EBITDA fall from $5M to $3.7M in the same period. Despite strong DTC sales through Amazon and Shopify, the business is stuck in a red ocean, with heavy competition, low differentiation, and rising customer acquisition costs.Key Highlights:- Revenue: $43M; EBITDA: $3.7M (down from $5M in 2020)- 3-year revenue growth from $16M to $43M- Over 50 branded SKUs and 1,000+ accessories- Owners seeking a minority equity partner for expansion- Major red flags: undifferentiated product, expensive growth, brutal ad competitionSubscribe 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]

In this episode, the hosts explore a pet cremation franchise for sale in Miami, unpacking a franchise model with big claims, low margins, and a morbidly niche market.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comViso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.This week’s episode dives into a highly unusual SMB opportunity: a pet crematorium in Miami-Dade County operating under the newly formed Resting Rainbow franchise. Listed at $1.5M, the business claims no competition and potential to hit $3M in revenue. It includes all major equipment (incinerator, walk-in cooler), but reported cash flow sits between $50K and $200K depending on which numbers you believe.Key Highlights:- Asking Price: $1.5M; EBITDA: $127K (claimed), Cash Flow: $50K- Equipment includes incinerator, walk-in cooler, and office assets (FFE: $290K)- Franchise fees include 7% royalty and $36K/year marketing- Operates with vet partnerships and walk-ins; 74% of revenue from cremations- Big risks: unclear brand identity, limited scale, no proven franchise modelSubscribe 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]

In this episode, the hosts break down a once-in-a-lifetime opportunity to own a floating pizza restaurant in the Virgin Islands—complete with a pizza armada, liquor license, and serious island vibes—all priced at under 1x earnings.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Big thanks to GoHighLevel for sponsoring this episode! GoHighLevel is the all-in-one CRM that helps small businesses manage emails, texts, funnels, and more. It’s the Swiss Army Knife for modern operators—and you can try it free for 30 days at https://gohighlevel.comThis emergency pod highlights a truly unforgettable listing: a fully operational pizza boat, moored in the crystal-clear waters of Christmas Cove, US Virgin Islands. The deal includes three boats, a commercial-grade pizza kitchen, a liquor license, a merch store, and even a 2008 Ford Explorer—all for just $425K, with cash flow reported between $250K–$500K.Key Highlights:- Asking price: $425,000; Cash flow: $250K–$500K- Includes 3 boats, commercial kitchen, liquor license, SUV- Located on a protected mooring in Christmas Cove (mooring lease = $1,083/year)- Strong social media and TripAdvisor presence; #1 rated restaurant in St. Thomas- Potential risks: hurricane exposure, island lifestyle burnout, staff reliabilitySubscribe 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]

In this episode, the hosts break down an absurdly profitable worm farm in rural California that claims $1.5M in cash flow and may be one of the best deals they've ever seen—if it's real.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comIn one of the most entertaining and surprising episodes of Acquisitions Anonymous, the full host crew digs into a worm farm listed for $1.8M with a jaw-dropping $1.5M in purported cash flow. Based in rural Durham, California, this business sells worms, worm castings, and premium soil blends, while also running an educational foundation and e-commerce operation with absurdly high average order values.Key Highlights:- Asking Price: $1.8M with claimed $1.5M in cash flow- Located on 10 leased acres in rural Northern California- Includes $1.35M in inventory and $400K in equipment- Educational non-profit and e-commerce add extra revenue streams- Potential risks: Lease structure, inflated financials, niche operationsSubscribe 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]

In this episode the hosts dive into a $4.5M, 12‑bed Los Angeles drug and alcohol rehab facility deal with $4M revenue and $1M SDE, unpacking utilization trends, regulatory risks (MSO/CPOM), and why it might not be a compelling acquisition as‑is.Business Listing – https://www.bizbuysell.com/business-opportunity/drug-and-alcohol-rehabilitation-facilities/2447669/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comTonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.In this episode of Acquisitions Anonymous, Bill D’Alessandro, Heather Endresen, Mills Snell, and Chelsea Wood break down a mid‑market drug and alcohol rehabilitation business in Los Angeles County listed for $4.5M with about $4M in annual revenue and $1M in SDE. The business operates two licensed detox and residential facilities with 12 beds, offers a spectrum of evidence‑based therapies (CBT, DBT, EMDR, family therapy), and maintains Joint Commission accreditation and DHCS licensing. While the model appears scalable with high‑margin services, the panel highlights concerning utilization trends and forecasting assumptions baked into the seller’s projections.Key Highlights:- Deal Specifics: 12‑bed rehab facility in LA County, $4M revenue, $1M SDE, $4.5M asking price.- Utilization Trends: Declining from ~78% to ~53% with optimistic future forecast that seems questionable.- Regulatory Risk: Corporate practice of medicine/state licensure complexity in California (MSO workaround concerns).- Payer Mix & Revenue Drivers: High average daily revenue per patient but mixed insurance/private pay impacts lender appetite.- Consensus Verdict: Thumbs down for this deal — regulatory friction, utilization risks, and mid‑market performance dampen attractiveness.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]

Interested in buying a franchise? Check out Connor's website here: https://connorgroce.com/landerCome to HoldCo Conference for business owners, Feb 9-11 → https://links.girdley.com/hcc-ytIn this rerun episode, the hosts revisit a $65K Utah Christmas tree lot deal and debate whether this nostalgic seasonal hustle is worth the location headaches and short sales window.Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Subscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletterConnect with us on Social Media:Twitter: https://twitter.com/acquanonLinkedIn: https://www.linkedin.com/company/acquanon👋 Follow the HostsMichael Girdley – Entrepreneur & investor. Twitter: https://twitter.com/girdleyBill D’Alessandro – CEO of Elements Brands. Twitter: https://twitter.com/BillDAHeather Endresen – SBA lending expert & advisor. Twitter: https://twitter.com/EndresenHeatherMills Snell – Small business investor & advisor. Twitter: https://twitter.com/thegeneralmillsWe’re bringing back a listener favorite: a seasonal Christmas tree lot in Southern Utah County listed for $65K, with $29K in cash flow on $85K in revenue. It includes $2K in equipment, $1,750 in inventory, and seller financing at 5%.With 10+ years in business and a loyal customer base, it sounds promising—until you find out there's no guaranteed location or lease. That one detail sparks a lively debate on whether this is a low-risk side hustle or a logistically doomed venture.Michael, Bill, and Heather break down the seasonal business model, the importance of location in retail, and whether this business is worth buying—or just replicating from scratch.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]

In this episode the hosts dig into a $7.1 M cash‑price listing for a specialty pharmacy in Beverly Hills — evaluating its 1.49 M EBITDA, market position and regulatory complexity to see whether it’s a viable acquisition.Business Listing – https://www.bizbuysell.com/business-opportunity/specialty-medical-pharmacy-in-prime-southern-california-location/2445305/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comThis episode of Acquisitions Anonymous breaks down a real‑world potential buy of a specialty (medical) pharmacy based in Beverly Hills, California. The listing claims a 2025 expected revenue of about $6.2 M with $1.49 M in EBITDA/SDE, monthly rent around $9,167, and an asking price of $7.1 M — roughly 4.75× trailing earnings. The sellers are motivated by acute health issues and retirement, which introduces urgency. The hosts explore both the upside — a long‑established business in a wealthy market, high margins, and niche specialty‑pharmacy demand — and the downsides: regulatory/licensure hurdles, dependence on skilled pharmacists, insurance/payer access challenges, and the uncertainty of consistency in earnings.Key Highlights:- Asking price: $7.1 M cash, with stated EBITDA/SDE of $1.49 M → ~4.75× multiple.- Business profile: Long‑established (since ~1980), located in affluent Beverly Hills, servicing specialty prescriptions (potentially high‑cost biologics, pain, immunology, chemo) rather than typical retail offerings. - Opportunity: High margins (claimed ~25%) — above what might be expected for a typical low‑margin compounding pharmacy. - Risks: Regulatory/licensure risk under the California pharmacy law: any change in ownership or control requires approval by the board before the transaction can close. - Execution risk: Because the seller is reportedly ill and likely a “forced seller,” there may be pressure to close quickly — which compresses time for due diligence on payer contracts, referral sources, license transfers, and underlying quality-of-earnings.  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]

In this episode the hosts walk through evaluating a potential acquisition of a Houston‑area elevator services company, debating whether a 7.5× EBITDA asking price can pencil out given the financing constraints and growth challenges.Business Listing - https://www.bizbuysell.com/business-opportunity/strong-cash-flow-elevator-services-business-houston-texas/2439153/?J=bot&bn=114637964&bd=20251110&utm_source=bizbuysell&utm_medium=emailsite&utm_campaign=htmlbotWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.comAcquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!This episode dives into a deal on an established elevator services business based in Houston (with a secondary branch in San Antonio), generating about $5.2 million in revenue and roughly $1.4 million in EBITDA — putting the asking price at roughly $11 million (≈ 7.5× EBITDA). The business offers elevator maintenance, modernization, repair, and installation to commercial, industrial, and institutional clients, with 23 technicians, a fleet of service vehicles, and long‑standing maintenance contracts, giving it recurring cash flow and limited customer concentration.Key Highlights:- Asking price: $11 M, with $5.2 M revenue → $1.4 M EBITDA (~27% margin)- Business: 22‑year established elevator services firm in Houston + San Antonio with 23‑employee workforce, service fleet, maintenance contracts, and recurring client base- Key strengths: Stable recurring revenue, high margin, regulatory/regional barriers to entry, limited customer concentration, clean financials- Main challenges: Growth seems limited, financing is tricky — too big for SBA standard threshold, too small for traditional debt; likely need large equity injection (~40–50%)- Industry context: Elevator service/maintenance is a niche with stable demand, but the value creation upside may rely on consolidation, scale, or roll-up strategy rather than organic growthSubscribe 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]

In this episode the hosts dissect a bankruptcy‑sale opportunity involving dolphin‑habitat real estate in the Riviera Maya, Mexico — and explore whether the outsized risk of “ditch‑risk” is worth the potential payoff.Business Listing – https://www.keen-summit.com/project/bankruptcy-sale-dolphin-aquariums-real-estate/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.This episode focuses on a unique acquisition opportunity: a debtor’s assets in bankruptcy that include three parcels in the Riviera Maya (near Cancun) — one developed property with a ~71,000 ft² dolphin habitat, and two undeveloped commercial‐zoned lots adjacent to a major luxury outlet mall and the Cancun airport. The listing is marketed via the bankruptcy court (in Delaware) on behalf of the debtor Leisure Investment Holdings LLC.Key Highlights:- Opportunity: Three parcels in Riviera Maya (Mexico) including a dolphin habitat (~71k ft²) & commercial‐zoned land near major outlet mall & airport.- Structure: Bankruptcy court‐administered sale; buyer must navigate liens, foreclosure history, foreign title risk.- Industry risk: “Experience” business with captive dolphins is under regulatory/social pressure; decline in captive marine attractions cited.- Foreign/operational risk: Real estate in Mexico + tourism zone + previous failing business = high risk of security, regulatory, title issues (“ditch‐risk”).- Redevelopment potential: If the marine attraction is jettisoned, land could be repositioned for resort, wedding venue, outlet‐adjacent commercial use—but competition and local developer awareness likely high.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]

In this episode the hosts dissect a $19 million “painting‑on‑demand” e‑commerce business making ~$15 million in sales and ~$3.67 million in earnings, and debate whether the price tag is justified given a crowded market and uncertain moat.Business Listing – https://mailchi.mp/websiteclosers/new-deal-alert-online-art-gallery-ecommerce-brand-handmade-paintings-collection-strong-repeat-order-rate-3600-48-star-reviews2?e=42dc999128Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comTonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.The business under review is a niche e‑commerce company in the custom hand‑painted art space: a made‑to‑order model with no inventory, ~$15 million in revenue (~$14.963 million) and ~$3.67 million earnings, asking price ~$19 million. The owners claim high average order value (~$1,500), ~20% repeat customer rate, ~30% net margins, and growth since 2020.Key Highlights:- Asking Price: ~$19 million for revenue ~$14.96 million and earnings ~$3.67 million.- Business Model: custom hand‑painted art on demand, average order value ~$1,500, ~20% repeat customers, claimed ~30% net margin.- Operational Setup: no inventory, contractor‑based production, D2C Shopify site, paid media + email automation driving growth.- Risks: Extremely crowded market (many “print on demand” or custom art providers), potential rising customer acquisition cost, young business with limited track record.- Strategic Questions: Does it have a compelling moat (exclusive artist network, unique IP, proprietary customer funnel)? Could a larger buyer replicate or disrupt the model? What happens if ad costs or competitor entry escalate?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]

In this episode the hosts dissect a $23 million asking‑price acquisition of a Miami‑based specialty contractor with $41 M revenue, $4.7 M EBITDA, a $52 M backlog—and dig into its contract structure, accounting risks and deal suitability.Business Listing Link – https://businessesforsale.nuwireinvestor.com/business-opportunity/specialty-contractor-with-long-term-contracts-and-62mm-backlog/2395873/?J=ANWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!In this episode, the team reviews a specialty contractor serving healthcare and aviation clients in Miami‑Dade County, founded in 2007, with ~$41 M in revenue, ~$4.7 M in EBITDA, and a contracted backlog of ~$52 M. The asking price of ~$23 M implies about a 4.9× EBITDA multiple. The business claims that 80‑85% of revenue comes from renewable 3‑5 year institutional contracts with government and institutional clients, and emphasizes a capital‑light model with only ~$100k in equipment and ~53 employees.Key Highlights:- Revenue ~$41‑45 M, EBITDA ~$4.7 M (~10% margin) with backlog ~$52 M.- Asking price ~$23 M → ~4.9× EBITDA, which is reasonable compared to many contractor deals.- Contract structure: 80‑85% from 3‑5 year renewable institutional contracts (government, healthcare, aviation) which reduce reliance on open bidding.- Accounting/diligence risks: low equipment/FF&E (~$100k) suggests perhaps subcontract model or specialized niche; retainage, WIP, deferred revenue and billing practices must be scrutinized.- Buyer fit & financing: likely better for an industry‑experienced buyer; banks/lenders will want low leverage and proven transition plan given the contract complexity and possible change‑of‑control risk.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]

In this episode the hosts dig into a $2.7 million EdTech business serving architects—$450K revenue, ~$227K profit, ~30 % growth—yet debate whether its 11.9× profit asking price makes any sense.Business Listing – https://app.acquire.com/startup/aUdw7lekR1TbMTB7h3oH00Of2KH2/9zqyExayXzwGmnlz6QWA?utm_medium=email&_hsenc=p2ANqtz-98r-wxCcPABDrP80rGNweSlNs2VkMvwGKxMByTIVyTIen9tvlCC_HRGTYrJ1hp08w7BlWcQs_9_6gkpNUKm734YYgaCg&_hsmi=386717396&utm_content=386717396&utm_source=hs_emailWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comWe review a niche online education platform founded for architectural and design professionals—offering 200+ live and on‑demand courses covering parametric design, BIM, 3D printing, AI tools. The business is bootstrapped since 2018, running at ~50% net profit margins, trailing‑12‑months revenue around $450K and profit ~$227K. The seller is asking ~$2.7M (≈11.9× profit, ~6× revenue) based on ~30% growth year over year.Key Highlights:- Revenue ~$450K, net profit ~$227K (~50% margin) and ~30% growth.- Asking price ~$2.7M = ~11.9× profit, ~6× revenue.- Model: 200+ courses, ~5,000 students, mix of B2C subscriptions + B2B licensing, niche vertical (architects/design).- Risk areas: low recurring revenue (~25%), ticket size ~$90/student (so high volume required), valuation seems disconnected from scale.- Consensus: a buyer could step in, launch sales team, expand market (vocational high schools, related professions) — but at this price overpay‑risk is high.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]