On this episode of Acquisitions Anonymous, Michael pitches Heather on buying a winery.
This listing is for San Martino Winery and Vineyards in LaVon, Texas, priced at $3.1 million, including real estate valued at $1.7 million. While the business has a strong social club aspect and positive Google reviews, it generates just $150,000 in annual cash flow. The ideal buyer would need a significant net worth and a passion for wine and hospitality, as this business prioritizes lifestyle over profits.
Thanks to this week's sponsors.Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.
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In this episode, the hosts dissect a $25M listing for an ultra-premium executive networking platform with jaw-dropping EBITDA—and even more jaw-dropping red flags.
The hosts break down a Wyoming ski resort open just 40 days a year, calling it an amazing local novelty — but likely worth zero as an investment.
Michael and Heather break down a $1.35M aerial ropes course adventure park for sale in the Colorado mountains, questioning if it's a business or just an expensive hobby gone wrong.