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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.
Acquisitions Anonymous - #1 for business buying, selling and operating
A $1.39M Wedding Venue Business — Too Good to Pass Up?
Mills uncovers a quirky wedding venue and horse boarding business for sale on Facebook, and the team dives deep into the pros, cons, and hidden challenges of buying a property-dependent small business.
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This episode breaks down a Facebook-listed wedding venue and horse boarding business in South Carolina. They explore the unique challenges of revenue optimization when your business runs on 52 Saturdays a year, how to value a business tied to real estate, and the pros and cons of seller-financed deals. Plus, they reflect on lifestyle businesses, nights-and-weekends operations, and the quirks of buying directly from owners.
Key Highlights:
- The surprising flexibility of for-sale-by-owner deals
- How real estate value and business value intersect in wedding venues
- The pros and cons of nights-and-weekends businesses
- Revenue optimization strategies for seasonal event spaces
- Why wedding venues might not suit the average searcher
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