Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills), we talk about an exciting business located outside of Whistler, Canada and near Vancouver for our Summer Episode. It is a whitewater rafting business with a lot of unique things to dig into from COVID impact to the brokers’ presentation.
Thanks to our sponsors!
* Guardian Due Diligence is the diligence solution for first-time buyers and self-funded searchers.
You should be able to acquire a business with the comfort that the numbers are solid and the seller is not fooling you. Your lenders and equity partners want and need the same.
Guardian's Quality of Earnings reports give you this confidence.
(00:00) - Introduction
(00:28) - Our sponsor is Guardian Due Diligence
(01:39) - Deal: A Profitable Rafting tour company
(06:16) - What do we think about the financials?
(09:04) - What to consider as a buyer?
(13:42) - What should you consider for this particular seasonal business?
(16:45) - Is it possible to gain economies of scale here? How?
(19:06) - What is the business size and how does it affect the transactionality?
(19:43) - Is there Covid assistance behind the scenes?
(24:18) - What is something worth noting about this deal
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