31 min

A Neighborhood Coffee Shop: Good or Terrible? - Acquisitions Anonymous Episode 117 Acquisitions Anonymous - Learn business as we review businesses for sale

    • Entrepreneurship

Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) talk about a small neighborhood coffee shop in British Columbia, Canada. Could this be a rich man’s trap? We’ll be going deep into figuring out whether we got an outperforming deal or not. You won’t expect who we think should buy this deal. 
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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.
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Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----
Show Notes:
(00:00) - Introduction
(00:26) - Our sponsor is Cloudbookkeeping.com
(02:02) - Deal financials: A Profitable and Delightful Coffee Shop
(06:31) - Do we like it? What does Bill like?
(08:00) - What is scary about this businesses
(10:00) - Is this coffee shop worth the time investment? What is the value-trap concept?
(13:00) - Is this coffee shop outperforming or underperforming in terms of EBITDA?
(14:31) - Would you see an opportunity to optimize or rather leave it and look for a better deal?
(17:13) - What does it mean when there’s a given yield on a particular location of a coffee shop?
(19:13) - What to expect when Girdley is at your board meetings?
(20:20) - Who are the potential buyers? What is the one thing they should negotiate on?
(23:25) - Can you be a hands-off owner with a General Manager for $75,000 a year?
(26:08) - Let’s hear a funny story about a cool scam!
(27:29) - How can we protect ourselves from operation scams?
 
Did you like this episode? Leave us your feedback in the comments!
-----
Additional episodes you might enjoy:
#108 A fireworks store and a ski rental business for sale
#106 A Pet Product and Saas business for sale - Which one do we like?
#105 How to Make Money in the E-Commerce Game - Bill D’Alessandro gives an e-Commerce masterclass - Part 1
#79 What do Investors want? - Dig into an investor’s mind with Bradford Hardin
#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dollar Loaner


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.

Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) talk about a small neighborhood coffee shop in British Columbia, Canada. Could this be a rich man’s trap? We’ll be going deep into figuring out whether we got an outperforming deal or not. You won’t expect who we think should buy this deal. 
-----
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.
-----
Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----
Show Notes:
(00:00) - Introduction
(00:26) - Our sponsor is Cloudbookkeeping.com
(02:02) - Deal financials: A Profitable and Delightful Coffee Shop
(06:31) - Do we like it? What does Bill like?
(08:00) - What is scary about this businesses
(10:00) - Is this coffee shop worth the time investment? What is the value-trap concept?
(13:00) - Is this coffee shop outperforming or underperforming in terms of EBITDA?
(14:31) - Would you see an opportunity to optimize or rather leave it and look for a better deal?
(17:13) - What does it mean when there’s a given yield on a particular location of a coffee shop?
(19:13) - What to expect when Girdley is at your board meetings?
(20:20) - Who are the potential buyers? What is the one thing they should negotiate on?
(23:25) - Can you be a hands-off owner with a General Manager for $75,000 a year?
(26:08) - Let’s hear a funny story about a cool scam!
(27:29) - How can we protect ourselves from operation scams?
 
Did you like this episode? Leave us your feedback in the comments!
-----
Additional episodes you might enjoy:
#108 A fireworks store and a ski rental business for sale
#106 A Pet Product and Saas business for sale - Which one do we like?
#105 How to Make Money in the E-Commerce Game - Bill D’Alessandro gives an e-Commerce masterclass - Part 1
#79 What do Investors want? - Dig into an investor’s mind with Bradford Hardin
#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dollar Loaner


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.

31 min