This is an encore episode of our original episode 24.
Michael Girdley (@Girdley)) and Mills Snell (@thegeneralmills)) are joined by John Wilson (@WilsonCompanies)) as a special guest! We talk about the septic service business & pool services: Barriers of entry, payroll exposure, growth potentials, synergies, and much more!Deals:-$5mm pool services and lifeguard staffing co-$2mm septic services business Great episode. Enjoy!-----* 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.----- Show Notes:(0:00) Intro(1:20) John's current businesses(5:05) A lifeguard Staffing Co(8:03) Are those 2 businesses together?(9:55) Why are they selling?(10:58) What are the risks from the buyer's side?(14:59) The advantage of the staffing company & growth potential(21:28) A septic company for sale(23:47) What do we like? Growth opportunities?(25:41) How did you find this deal? What do you find valuable?(30:46) How are you structuring this deal?(31:53) How does the depreciation work with trucks?(32:49) What are your next steps when thinking about integration and synergies?(35:44) How do you consolidate a business when growth is flat?(37:33) Why are usually plumbing and septic companies bound together?----- Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#62) Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping#66) Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO#42) $900k Moving and Storage Company / $500k Rural Mini-Storage#61) Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity Subscribe to weekly our Newsletter)** and get curated deals in your inbox**Advertise with us by clicking here)
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