Gentrification: Your Landlord's Gain, Your Business's Pain
Buying an experiential business? Learn how gentrification can make your landlord the big winner, slashing your EBITDA and making financing impossible. Act before renewal.
How One Bowling Alley Made Millions Through COVID
This episode delves into the analysis of a Charlotte-based modern bowling alley and entertainment venue, Queen Park Social, which posted impressive financials including strong resilience through COVID and substantial historical EBITDA. The hosts dissect the BizBuySell listing, discussing the complexities of its recent revenue decline, the high value of the underlying real estate, and the critical role of lease terms in business acquisition. Bill D'Alessandro ultimately proposes a creative financing strategy involving an SBA 504/7A combination loan to acquire both the business and real estate.
Key takeaways
- For experiential businesses tied to specific locations, a short lease term in a gentrifying market is a ticking time bomb that can destroy business value. Read more →
- Even when a business shows recent revenue dips, owning significant underlying real estate can make an acquisition viable. Bill D'Alessandro proposed a clever SBA 504/7A combo loan to acquire Charlotte's Queen Park Social, a modern bowling alley, despite its reported declines. Read more →
- The original entrepreneur behind Charlotte's Queen Park Social created a staggering $20 million in value over eight years by simultaneously building a profitable business and owning appreciating real estate. Read more →
3 articles from this episode
SBA 504/7A Combo: How to Buy a Business with Declining Revenue if it Owns Real Estate
Bill D'Alessandro's strategy to acquire real estate-backed businesses, even with revenue dips, using SBA 504 and 7A loans. Learn how to structure the deal.
Own the Dirt: Founder's $20M Win in Experiential
Queen Park Social generated $20M by owning the real estate in a booming district. Learn how to identify and capture this dual value in your next venture.
More Acquisitions Anonymous episodes
- The Pirate Liquor Store Making $300K a YearJul 12 · 6 articles
- How One Small Factory Built a Business Around Hot Rods and NASCARJul 12 · 4 articles
- They Want $1.6M for a Marching Band Business?!Jul 5 · 3 articles