Should we buy this Ambulance company? - Acquisitions Anonymous episode 152

Want to receive this listing in your inbox? Signup for our weekly newsletter:

https://www.getrevue.co/profile/acquanon

-----

Michael Girdley (@Girdley), and Bill D’Alessandro (@BillDA)talk about an established ambulance service. We investigate how this service differs from the conventional ambulances provided by hospitals. We also dig into this business’s location to understand its significance in this location.

We will also determine whether this item passed the Private Equity Test, which customers are the most crucial to this transaction's success, and discuss how the business relationships outside the United States are distinct from those within the country.

-----

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.

-----

Show Notes:

(00:00) - Introduction

(00:20) - Our Sponsor is CloudBookKeeping

(01:48) - Catch up with Mike and Bill

(03:44) - Deals and Financials: Established Ambulance Service

(05:16) - How does this business work?

(06:58) - Where is this business located, and why is it important?

(10:30) - What do we think about the financials?

(12:55) - Why has PE passed on this deal?

(15:54) - Who are the most important clients for this deal?

(16:33) - What is Girdley’s #1 tip to learn about an industry?

(18:12) - What is Bill’s advice for people interested in this deal?

(20:28) - Why does the IRS try to ban country club memberships as business expenses?

(22:06) - How are business relationships outside the US different from inland?

(27:46) - The tricky Costa Rica listing and the “Ditch Risk”

-----

Additional episodes you might enjoy:

#151 - Should we buy this Pot Business Credit Card Processor?
#150 - Let’s buy a medical staffing business
#149 - Is this car spinner business a good side hustle?
#148 - Growth Marketing explained: Shopify Superfood Greens Brand with 40% subscription rate w/ Baller Jesse Pujji
#147 - $9.6M EBITDA Florida Armored ATM Services Business
#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

• Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
• Do you enjoy our content? Rate our show!
• Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.