In this episode, Michael and Bill discuss a listing for a water park in Helen, Georgia, which is also a real estate opportunity. The property is being marketed by a commercial real estate broker and priced at $4.5 million, with the real estate valued at $3.7 million and a cash flow of $310,000. Bill points out that the listing is contradictory, as it suggests both valuing the water park and knocking it down for development. They also raise questions about why the owner is selling and suggest potential partnership with a real estate developer as an option.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.-------Check out Girdley's new course, How to find a great business to buy). It's chock-full of insights and is perfect for listeners of AA who are looking to start their own search!
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