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Michael Girdley (@Girdley)) and Bill D’Alessandro (@BillDA)) talk about a profitable Midwest Framing and Art Handling Business. We talk about how this deal works and what it accomplishes.
We dive deep into how to spot a great business broker and how to improve your deal flow.
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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
(01:16) - Our sponsor is Cloudbookkeeping
(02:44) - Deals & Financials: Profitable Midwest Framing and Art Handling Business
(03:31) - What does this company do?
(05:11) - Financial, value & financial performance
(09:16) - What makes this teaser so good?
(11:38) - What is the network risk associated with acquiring this business?
(14:53) - Is this the best brokerage firm ever?
(19:00) - How would we improve our deal flow dramatically?
(26:00) - How would we negotiate this deal?
(27:30) - How much would we pay for this one?
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