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Can you grow a business in a shrinking market? – Acquisitions Anonymous Episode 83

Can you grow a business in a shrinking market? – Acquisitions Anonymous Episode 83

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


Can you grow a business in a shrinking market? – Acquisitions Anonymous Episode 83

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

ratings:
Length:
41 minutes
Released:
Apr 6, 2022
Format:
Podcast episode

Description

This is an encore episode of our original episode 24.Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) are joined by John Wilson (@WilsonCompanies) as a special guest! We talk about the septic service business & pool services: Barriers of entry, payroll exposure, growth potentials, synergies, and much more!Deals:-$5mm pool services and lifeguard staffing co-$2mm septic services businessGreat episode. Enjoy!-----* 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.-----Show Notes:(0:00) Intro(1:20) John's current businesses(5:05) A lifeguard Staffing Co(8:03) Are those 2 businesses together?(9:55) Why are they selling?(10:58) What are the risks from the buyer's side?(14:59) The advantage of the staffing company & growth potential(21:28) A septic company for sale(23:47) What do we like? Growth opportunities?(25:41) How did you find this deal? What do you find valuable?(30:46) How are you structuring this deal?(31:53) How does the depreciation work with trucks?(32:49) What are your next steps when thinking about integration and synergies?(35:44) How do you consolidate a business when growth is flat?(37:33) Why are usually plumbing and septic companies bound together?-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping#66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO#42 $900k Moving and Storage Company / $500k Rural Mini-Storage#61 Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity
Released:
Apr 6, 2022
Format:
Podcast episode

Titles in the series (100)

Learnings about small business acquisitions and operations.Hosted by Bill D'Alessandro, Mills Snell & Michael Girdley Support this podcast: https://anchor.fm/dealtalk/support