Acquisitions Anonymous

A Profitable Rafting Tour Company - Acquisitions Anonymous Episode 114

August 12, 2022 Bill D'Alessandro, Mills Snell, & Michael Girdley Episode 114
Acquisitions Anonymous
A Profitable Rafting Tour Company - Acquisitions Anonymous Episode 114
Show Notes

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.

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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.



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Show Notes:

(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

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Links:

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