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

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

Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley
Acquisitions Anonymous - #1 for business buying, selling and operating
Latest episode

488 episodes

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

    8M Aerospace Deal… 95% Customer Concentration. Buy or Run?

    2026/04/03 | 27 mins.
    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/xi0KeLAu5yQZPLwgc

    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=template

    HubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr

    💰 Sponsored by:
    HighLevel
    HighLevel 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.com

    Viso Business Capital
    Viso 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.net

    This 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 programs
    Subscribe to  weekly our Newsletter and get curated deals in your inbox

    Advertise with us by clicking here
    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 [email protected]
  • Acquisitions Anonymous - #1 for business buying, selling and operating

    Would You Bet $1.6M of Equity on This California Courier?

    2026/03/31 | 30 mins.
    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!

    Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.com

    This 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 support
    Subscribe to  weekly our Newsletter and get curated deals in your inbox

    Advertise with us by clicking here
    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 [email protected]
  • Acquisitions Anonymous - #1 for business buying, selling and operating

    Sports Bar Franchise for Sale (Florida) – $9.4M Revenue Deal Breakdown

    2026/03/27 | 29 mins.
    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=template

    HubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr

    Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=template

    HubSpot 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!

    Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.com

    This 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 inbox

    Advertise with us by clicking here
    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 [email protected]
  • Acquisitions Anonymous - #1 for business buying, selling and operating

    The “Best Business Ever”? A $6.5M Day Spa Franchise in Dallas

    2026/03/24 | 32 mins.
    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=template

    HubSpot 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.

    Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.com

    In 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 inbox

    Advertise with us by clicking here
    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 [email protected]
  • Acquisitions Anonymous - #1 for business buying, selling and operating

    $37M for Jet Skis?! Inside a Lake Powell Rental Empire

    2026/03/20 | 32 mins.
    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=template

    HubSpot 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.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 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 inbox

    Advertise with us by clicking here
    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 [email protected]

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

Jump into the world of business acquisitions with hosts Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley. We review real businesses for sale in each episode, providing expert insights, strategies, and tips to make savvy business moves like the pros. Perfect for entrepreneurs, investors, and anyone interested in buying and selling businesses.
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