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cover of episode A Neighborhood Coffee Shop: Good or Terrible? - Acquisitions Anonymous Episode 117

A Neighborhood Coffee Shop: Good or Terrible? - Acquisitions Anonymous Episode 117

2022/8/24
logo of podcast Acquisitions Anonymous - #1 for business buying, selling and operating

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

Shownotes Transcript

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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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

#)

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