Is this car spinner business a good side hustle? - Acquisitions Anonymous episode 149

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Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA), and Mills Snell (@thegeneralmills) talk about a Profitable auto display rental company for sale.

We discuss the deal and gain insight into this company’s inner workings. There is some weird stuff about this deal, and we will try to understand where this business sits in the value chain.

We came across some warning signs and potential issues that could affect this business, but in conclusion, Bill shares his innovative strategies and ideas for managing this rental.

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Thanks to our sponsor!

SMBash.com - Join us in Austin, TX, from April 27th - 30th, 2023, for one-on-one interaction with others who focus on buying, operating, and investing in the SMB and Micro-PE space.

SMBash is a live gathering of SMB, Micro-PE, and ETA owners, operators, and investors.

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Show Notes:

(00:00) - Introduction

(00:31) - Our Sponsor is SMBash

(01:54) - Deal & financials: Profitable Auto Display Rental Company for Sale

(02:19) - What does this business do?

(03:53) - What do we think about this deal?

(06:48) - What do we think of this product?

(08:23) - How do Car Dealerships make money on new car sales?

(10:01) - Mike’s rant about Tesla!

(13:43) - Who should buy this deal?

(15:58) - Where does this business sit in the value chain?

(17:36) - How does the tax shield work on this deal?

(18:21) - What do we like about this business?

(21:00) - What is the hidden red flag on the inventory side?

(22:00) - What would Bill’s strategy be for this deal?

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Additional episodes you might enjoy:

#146 - Should we buy 239,000 Domain names?
#145 - Is this design agency a good buy?
#144 - We spot an amazing Business Broker
#142 - Should we buy this Crossfit Gym?
#141 - A very profitable B2B Internet Business in the Petcare Vertical
#140 - Let’s SBA the heck out of this deal - with Special Guest Heather Endresen

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