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

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

January 20, 2023 Bill D'Alessandro, Mills Snell, & Michael Girdley Episode 160
Acquisitions Anonymous - #1 for business buying, selling and operating
Should we buy this drag strip... for the land? - Acquisitions Anonymous episode 160
Show Notes

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 ;-)


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Thanks to our sponsors!


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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?


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