Welcome back to another episode of Acquisitions Anonymous! This time, we dive into a fascinating online business for sale – a subscription-based eBook company in Tampa, Florida, with a claimed 35% net margin.
Welcome back to another episode of Acquisitions Anonymous! This time, we dive into a fascinating online business for sale – a subscription-based eBook company in Tampa, Florida, with a claimed 35% net margin. The kicker? The owners say they only put in about an hour a week! 😲
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We're joined by special guest Kameron Little, a senior from the University of South Carolina, for fresh insights on evaluating deals as a young entrepreneur. Together, we discuss red flags, the subscription model, customer acquisition costs, and some eye-raising conversion rates. Could this business be a gold mine or a risky venture with hidden catches?
👀 What’s Inside:
- Deal Overview: $1.5M asking price, $400K in cash flow
- Business model pros & cons
- Customer retention & acquisition analysis
- Kameron’s perspective on young entrepreneurship and the appeal of online businesses
- And… why we have our doubts about the “1-hour workweek” claim!
Stay tuned to hear if we think this eBook venture is worth the investment or just another too-good-to-be-true pitch. Special thanks to Acquisition Lab for supporting today’s episode!
🌟 Interested in Acquiring a Business? 🌟
Our sponsor, Acquisition Lab, provides a proven framework, tools, and community to help you go from business search to close with confidence. Founded by Walker Deibel, author of Buy Then Build, Acquisition Lab offers a vetted program for serious buyers. Check them out at acquisitionlab.com or contact Program Director Chelsea Wood at Chelsea@buythenbuild.com.
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