Acquisitions Anonymous

An ATM route, cash cow deal in Boston! - Acquisitions Anonymous 116

August 19, 2022 Bill D'Alessandro, Mills Snell, & Michael Girdley Episode 116
Acquisitions Anonymous
An ATM route, cash cow deal in Boston! - Acquisitions Anonymous 116
Show Notes

Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) talk about an ATM Route Deal based in Boston, where we take a deep dive. We also look at a Bitcoin ATM, which is super cool and exciting. We also go along with the learning experience we had with this deal.

-----
Thanks to our sponsor!

Pioneer Capital Advisory operates as a full-service SBA loan consulting business. The firm has established relationships with SBA Preferred Lenders in the space. Their value offering is to take entrepreneurs through the process of application at no cost to the business owner. The firm’s goal is to essentially act as a concierge to the business owner, fully outsourcing the work that they would typically incur with having to apply for an SBA loan. Essentially, the firm will be fully aligned with the entrepreneur on focusing on a successful closing.

If you’re thinking of acquiring a business with an SBA Loan and want to get professional guidance through the process, contact Matthias Smith at matthias.smith@pioneercapitaladvisory.com

—--

  • 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:

(00:00) - Introduction

(00:20) - Our sponsor is Pioneer Capital Advisory

(01:35) - Deal financials: An ATM Route for sale

(04:30) - Let’s go over a site location agreement: What do you need to know?

(07:27) - What are the headwinds for this business?

(09:40) - Bitcoin ATMs: Why do they make so much money?

(14:51) - Back to the deal: What do we like? How does the CapEx look?

(16:58) - Don’t miss out on this unexplored Twitter niche

(18:26) - How does merchant processing work?

(19:55) - Which company plays hide & seek with their financials to hide the fact they’re the best business ever?

(21:24) - Avoid this expensive mistake if you sign anything with options.

-----

Links:

-----

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

#79 What do Investors want? - Dig into an investor’s mind with Bradford Hardin

#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dollar Loaner