Please login or sign up to post and edit reviews.
A $3mm profit a year water delivery business! - Acquisitions Anonymous episode 155
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Jan 04, 2023
Episode Duration |
00:31:05

Want to receive this listing in your inbox? Signup for our weekly newsletter:

https://www.getrevue.co/profile/acquanon

-----

Michael Girdley (@Girdley), and Mills Snell (@thegeneralmills) talk about a deal we liked: A Drinking Water Delivery Service based in Texas.We dig into how this business operates, potential challenges on the customer side, head & tail winds, and Location based risks.How do Power Law returns work for PE and our day-to-day? What are our thoughts on the Capital Expenditure budget for this company? Learn more about this deal as you listen to this episode.Company: Drinking Water Delivery Service

Location:TX

Stated Financials:$3M - SDE   |   $5M - FF&E   |   $6.5M Gross Revenue

Asking Price:$18M

-----

Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.

-----Show Notes:

(00:00) - Introduction

(01:17) - Our Sponsor is CloudBookkeeping

(02:44) - Catch up with Mike and Mills

(03:52) - Deal & financials: TX Drinking Water Delivery Service - $3M SDE

(07:02) - What does this company do?

(08:26) - What is the customer base risk associated with this deal?

(10:54) - How do we think about CapEx for this business?

(13:32) - What is the catch with Oil Field companies?

(15:32) - How do Power Law return work for PE and our day-to-day?

(21:05) - What is the location risk associated with this deal?

(22:58) - What’s so interesting about the cemetery business?

(23:47) - We’re looking for $3 to $5M in SDE/EBITDA businesses, send ‘em over!

(26:21) - How stable can this business be on a day-to-day basis?-----Additional episodes you might enjoy:

#153 - Will Bill buy this company for Girdley’s Christmas present?#152 - Should we buy this Ambulance company?#151 - Should we buy this Pot Business Credit Card Processor?#150 - Let’s buy a medical staffing business#149 - Is this car spinner business a good side hustle?#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji

  • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
  • Do you enjoy our content? Rate our show!
  • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

For inquiries or suggestions, email us at contact@acquanon.com

This episode currently has no reviews.

Submit Review
This episode could use a review!

This episode could use a review! Have anything to say about it? Share your thoughts using the button below.

Submit Review