Should we buy this drag strip... for the land? - Acquisitions Anonymous episode 160

Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) talk about a Unique Family Amusement Waterpark & Campground Facility in the United States.

We discussed this deal but also dug into how to value the real estate involved in a transaction, how that relates to the business's overall value, and how to value and manage cash flow in a seasonal business. High CapEx businesses and financial metrics don’t get along well, so we also shed some light on what to analyze when looking at one of these.

Company:                  Unique Family Amusement Waterpark & Campground Facility

Location:                    United States

Stated Financials:      2022 Sales   $ 7,900,000   |   2022 EBITDA   $ 2,183,000

Asking Price:             Find out in our newsletter ;-)

-----

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.

-----

Show Notes:

(00:00) - Introduction

(00:42) - Our Sponsor is CloudBookKeeping.com

(02:26) - What is going on with the Twitter algo?!

(04:45) - Deal & financials: Unique Family Amusement Waterpark & Campground Facility

(06:00) - What is interesting about this deal?

(08:19) - Is this an asset sale or a business sale?

(11:54) - Why is this acquisition so financially feasible?

(13:18) - How does bonus depreciation work?

(13:51) - What is the EBITDA trap with this high CapEx business?

(22:41) - Is the Real Estate of this deal worth the price?

(26:41) - Where is the primary value of this deal?

(28:47) - Do you think we raise money in this podcast?

-----

Additional episodes you might enjoy:

#158 - $1.2mm revenue Court Maintenance Company for Sale!
#157 - Make a $1mm/yr with a Language School
#156 - 60% Profit Margin Amazon Online Community for Sale
#155 - A $3mm profit-a-year water delivery business!
#154 - A Truck Driver School for sale in Texas
#152 - Should we buy this Ambulance company?
#150 - Let’s buy a medical staffing business
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji

Subscribe to weekly our Newsletter and get curated deals in your inbox

Advertise with us by clicking here

• 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.

For inquiries or suggestions, email us at contact@acquanon.com