41 min listen
An ecomm business worth another look? - Acquisitions Anonymous 258
FromAcquisitions Anonymous - #1 for business buying, selling and operating
An ecomm business worth another look? - Acquisitions Anonymous 258
FromAcquisitions Anonymous - #1 for business buying, selling and operating
ratings:
Length:
34 minutes
Released:
Dec 29, 2023
Format:
Podcast episode
Description
In this episode of Acquisitions Anonymous, Bill, Heather, and Michael review an e-commerce deal that had been on the pod before. The business had been around for 15 years, making $4.7 million in revenue with a 20% profit margin. The hosts viewed it as a stable opportunity for someone with the right expertise to take over and potentially explore growth opportunities. The business was listed at a reasonable multiple, reflecting the current state of the e-commerce market.Today's listing is found on Quietlight:Quiet Light is a business brokerage firm that helps entrepreneurs buy, value, and sell online businesses. Every Advisor on the team has built, bought, or sold their own online business and is committed to providing relentlessly honest advice and personalized recommendations to help owners succeed. Because they’re entrepreneurs themselves, they don’t only understand how businesses operate but also what it’s truly like to be in your shoes as an owner. With their proven, hands-on process, they’ve accompanied countless others along their buying and selling journeys.Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-------Check out Girdley's new course, How to find a great business to buy. It's chock-full of insights and is perfect for listeners of AA who are looking to start their own search! 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.
Released:
Dec 29, 2023
Format:
Podcast episode
Titles in the series (100)
A $1.1mm funeral home service provider - A $700k custom sign manufacturer and installer - e22 by Acquisitions Anonymous - #1 for business buying, selling and operating