Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) talk about a Unique Family Amusement Waterpark & Campground Facility in the United States.
We discussed this deal but also dug into how to value the real estate involved in a transaction, how that relates to the business's overall value, and how to value and manage cash flow in a seasonal business. High CapEx businesses and financial metrics don’t get along well, so we also shed some light on what to analyze when looking at one of these.
Company: Unique Family Amusement Waterpark & Campground Facility
Location: United States
Stated Financials: 2022 Sales $ 7,900,000 | 2022 EBITDA $ 2,183,000
Asking Price: Find out in our newsletter ;-)
Thanks to our sponsors!
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.
(00:00) - Introduction
(00:42) - Our Sponsor is CloudBookKeeping.com
(02:26) - What is going on with the Twitter algo?!
(04:45) - Deal & financials: Unique Family Amusement Waterpark & Campground Facility
(06:00) - What is interesting about this deal?
(08:19) - Is this an asset sale or a business sale?
(11:54) - Why is this acquisition so financially feasible?
(13:18) - How does bonus depreciation work?
(13:51) - What is the EBITDA trap with this high CapEx business?
(22:41) - Is the Real Estate of this deal worth the price?
(26:41) - Where is the primary value of this deal?
(28:47) - Do you think we raise money in this podcast?
Additional episodes you might enjoy:
#158 - $1.2mm revenue Court Maintenance Company for Sale!
#157 - Make a $1mm/yr with a Language School
#156 - 60% Profit Margin Amazon Online Community for Sale
#155 - A $3mm profit-a-year water delivery business!
#154 - A Truck Driver School for sale in Texas
#152 - Should we buy this Ambulance company?
#150 - Let’s buy a medical staffing business
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji