Is This Hamptons Lighting Business Worth $1.25 Million? - Acquisitions Anonymous 293

Let us know if you enjoyed this episodeIn this episode of Acquisitions Anonymous, Michael, Bill, Heather, and Mills discuss a potential purchase of a landscape and architectural lighting company in the Hamptons valued at $1.25 million with annual revenues of $800,000 and a net cash flow of $375,000. They analyze its strong financials, 40-year history, and wealthy client base while also considering challenges like its dependence on local referrals for new business. Enjoy the show! Check out the listing here: https://synergybb.com/listings/premium-landscape-and-architectural-lighting-company/Thanks to this week's sponsor: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.Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsShow notes:00:00 intro 02:54 Reviewing the deal05:53 Challenges and Costs of Landscape Lighting08:04 Complexity of Lighting Projects09:42 Size and Structure of the Business12:12 Importance of Having a Growth Plan13:30 Risk and Debt in Business Acquisitions17:50 Who should buy this deal? 27:00 Structuring the Acquisition DealAdvertise with us by clicking here 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. For inquiries or suggestions, email us at contact@acquanon.com