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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(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?
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