
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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* 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.
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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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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
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