Private EquityAcquisitions Anonymous
Mills Snell and Heather Endresen analyze the acquisition of a 54-year-old Northern California high-performance exhaust component manufacturer. They delve into the complexities of SBA financing for asset-heavy businesses…
- The real value might be in acquiring decades-old, asset-heavy B2B manufacturers, not just venture-backed startups. Read →
- When acquiring an asset-heavy business, sellers often value inventory and FF&E at their original cost, ignoring depreciation and replacement value. For instance, in one deal, Mill… Read →
- Purchase Price Allocation (PPA) is more than an accounting detail; it’s a direct lever for post-acquisition cash flow, allowing faster depreciation or amortization if structured c… Read →
Private EquityAcquisitions Anonymous
This episode delves into the analysis of a unique pirate-themed liquor store in Anchorage, Alaska, boasting $306K in Seller's Discretionary Earnings. The hosts examine the business's impressive growth under its current…
- A pirate-themed liquor store in Anchorage, Alaska, the Captain Sparrow Liquor Store, pulls in $306,000 in Seller's Discretionary Earnings (SDE) on $2.55 million in gross revenue,… Read →
- Sirius Fujimoto, owner of Captain Sparrow Liquor in Anchorage, Alaska, doubled the revenue and Seller's Discretionary Earnings (SDE) of an 80-year-old business in just six years,… Read →
- Alaska's retail liquor license quota system, limiting one license per 3,000 residents in a census area, creates an ironclad barrier to entry for new competitors. This makes existi… Read →
Private EquityAcquisitions Anonymous
This episode analyzes a high-priced marching band equipment manufacturing business for sale, scrutinizing its valuation against its niche market and operational specifics. The hosts explore broader inefficiencies within…
- Brokers Set Fantasy Valuations: Many business brokers, particularly franchises like Transworld Business Advisors, inflate asking prices (e.g., promising 8-9x multiples) to secure… Read →
- Niche businesses often carry 'fantasy valuations': This particular marching band equipment manufacturer, despite claiming $200,000 in Seller's Discretionary Earnings (SDE), had an… Read →
- Heather Endresen reveals why SBA lenders often disregard buyers' Quality of Earnings reports, focusing only on tax returns. Learn how this friction impacts deals. Read →
Private EquityAcquisitions Anonymous
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 hi…
- 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 →
- 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… Read →
- 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 owni… Read →