• Buying a Marketing Agency in the Age of AI
    Jan 13 2026

    In this episode the hosts break down a $4.3M SBA‑eligible niche digital marketing agency serving legal clients, exploring its strong growth, high margins, client retainer model, and the risks around leverage and industry uncertainty.

    Business Listing – https://quietlight.com/listings/15442269/

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.

    Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.com

    In this installment of Acquisitions Anonymous, Bill and Michael are joined by Capital Pad co‑founder Travis Jamison to review an eight‑year‑old digital marketing agency focused on lead generation and strategic advertising for legal firms. With nearly $2M in revenue and ~50% year‑over‑year SDE growth, the agency boasts roughly $1M in income at ~50% net margins, 65 active clients on retainer, and no concerning client concentration. The seller has built a team of about 10 people, works only 20 hours a week, and the business is SBA‑eligible — though with a caveat around debt coverage if the new owner wants to draw a salary.

    Key Highlights:
    - Business Size & Growth: ~$2M revenue, ~50% net margins, ~47% year‑over‑year SDE growth.
    - Model: Digital marketing agency specializing in legal firm lead generation and retainers.
    - Client Base: ~65 active clients averaging ~$3,200/mo each with no heavy concentration risk.
    - SBA Notes: Eligible for SBA lending, but high multiple means max leverage might preclude owner salary.
    - Risks Noted: Changing digital marketing landscape, debt coverage concerns, founder dependency on relationships.

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    32 mins
  • Buying a Cold DM Business? Watch This First
    Jan 9 2026

    In this episode the hosts roast an Instagram mass‑DM SaaS deal pitched on Acquire.com, tearing into its tiny revenue, questionable value proposition, platform‑risk exposure, and why it’s probably not worth buying.

    Business Listing – https://app.acquire.com/startup/KyPEOStFQyc5IElJIxbZfkbeWnE3/VRURAPXgQl3oGbimEwyP?utm_medium=email&_hsenc=p2ANqtz-9PQ_NffkgAJrVAnAt7GRNQAS61UOlqqm9Pj6fEzkwirlwcj5NUB6UdXSTHBZs7yK96zJUPq16CTLeJSDcOBm3jGYePVg&_hsmi=394180933&utm_content=394180933&utm_source=hs_email

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.

    Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.com

    This week on Acquisitions Anonymous, the hosts open with some light banter about cold weather vibes and injury stories before diving into a deal that might be right up someone’s wheelhouse: an Instagram mass‑DM automation software targeted at agencies and small businesses. With an asking price of $235,000 — roughly 5.9× profit and 4.6× revenue — the tool claims 25% year‑over‑year growth, 80% margins, and the ability to send “unlimited personalized” DMs at scale. Sounds spicy — until the panel starts slicing it apart.

    Key Highlights:
    - Instagram DM outreach SaaS asking $235,000, with ~$51K TTM revenue.
    - Tiny scale: ~100–250 customers, ~$3.5K/mo revenue, ~$2.7K/mo profit.
    - Competes in a crowded, low‑barrier space with low switching costs.
    - Major platform risk — could be shut down by Instagram at any time.
    - Hosts emphasize better strategies: niche positioning or “done‑for‑you” services.

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    25 mins
  • This Energy Efficiency Business Looks Great… Until You Dig In
    Jan 6 2026

    In this episode the hosts hilariously critique a New England insulation and energy‑efficiency contractor deal, debating subsidy dependency, normalized EBITDA red flags, and whether it’s a business worth owning.

    Business Listing – https://drive.google.com/file/d/1x1fQmCWxkw0Jzbhc-vGwR89oK25r91Lm/view?usp=drive_link

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!

    Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.com

    This week on Acquisitions Anonymous, Michael, Heather, and Mills tackle a unique deal in the home services world — a premier insulation and energy‑efficiency contractor operating in New England with roughly $5.3M in annual sales and a normalized EBITDA of about $671K. The business benefits from utility‑run programs like MassSave and EnergyWise, which drive much of its lead flow, but the panel quickly zeroes in on the risks inherent in those subsidy‑dependent revenue streams and skinny net margins once normalized adjustments are factored in.

    Key Highlights:
    - New England insulation & energy efficiency contractor with $5.3M revenue.
    - Revenue driven heavily by utility subsidy programs (MassSave/EnergyWise).
    - Normalized EBITDA ~ $671K but thin net margins after realistic adjustments.
    - Discussion on dependency risk of government/utility funding.
    - Debate over true profitability once owner labor and capex are normalized.

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

    For inquiries or suggestions, email us at contact@acquanon.com

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    26 mins
  • Best of Acquisitions Anonymous - $3.5 Million Horse School?!
    Jan 2 2026

    In this episode, the hosts break down a high-margin farrier training school in Idaho with strong social media presence, lucrative real estate, and serious lifestyle business appeal.

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.com

    Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.

    This episode covers one of the most compelling lifestyle businesses ever discussed on the show: an equestrian industry school (farrier training) based in Idaho. Priced at $3.5M, including $2.2M worth of real estate, the business generates $477K in annual cash flow on $1.1M in revenue. The school offers technical hoof-care certifications ranging from 3 to 36 weeks and operates year-round.

    Key Highlights:
    - Asking Price: $3.5M including $2.2M real estate
    - EBITDA: ~$477K on $1.1M revenue (~45% margin)
    - 740K+ social followers drive student demand
    - Runs remotely, relies on local horses—no herd ownership
    - Ideal for horse lovers; founder’s brand is crucial to continuity

    Subscribe to weekly our Newsletter and get curated deals in your inbox

    Advertise 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

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    31 mins
  • Best of Acquisitions Anonymous - The $250K Port-A-Potty Business?!
    Dec 30 2025

    In this episode, the hosts dig into a port-a-potty rental company with $4.1M in revenue and a $2M price tag, revealing a capital-heavy, route-based business that's either a blue-collar dream or an operational nightmare.

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.com

    Acquisition Lab – Your fast-track to business ownership. Get hands-on support, world-class resources, and join a top-tier community of acquisition entrepreneurs. Schedule your free consultation at https://www.acquisitionlab.com and mention Acquisitions Anonymous!

    In this gritty episode, the team breaks down a portable toilet rental business based in the southeastern U.S., generating $4.1M in revenue with $1.5M in EBITDA and listed for $2M—less than 1.5x earnings. The business includes over 1,000 units, 5 trucks, and a property with a discharge pond and mobile home.

    Key Highlights:
    - Asking Price: $2M; Revenue: $4.1M; EBITDA: $1.5M
    - Includes 1,000+ toilets, 5 trucks, real estate with discharge pond
    - 60% revenue from recurring construction jobs; 40% from events
    - High capex, driver and routing challenges, regulatory scrutiny
    - Seller likely fatigued; business could scale with better ops and tech

    Subscribe to weekly our Newsletter and get curated deals in your inbox

    Advertise 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

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    33 mins
  • Best of Acquisitions Anonymous - This Mattress Company Has Explosive Growth
    Dec 26 2025

    In this episode, the hosts dissect a fast-growing mattress manufacturer with $43M in revenue and shrinking margins—raising questions about customer acquisition, product differentiation, and whether this red-ocean DTC business is salvageable or doomed.

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Tonnesen Accounting Services - Tonnesen provides full quality of earnings reports trusted by buyers, lenders, and brokers on over $500 million in deals each year. Fast, detailed, and affordable. Visit tonnesenaccountingservices.com or connect with Josh Tonnesen on LinkedIn for a free consult.

    Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.com

    This week, the hosts examine a mattress manufacturing business located in the southern U.S. that scaled rapidly—from $16M in revenue to $43M in just three years—but saw EBITDA fall from $5M to $3.7M in the same period. Despite strong DTC sales through Amazon and Shopify, the business is stuck in a red ocean, with heavy competition, low differentiation, and rising customer acquisition costs.

    Key Highlights:
    - Revenue: $43M; EBITDA: $3.7M (down from $5M in 2020)
    - 3-year revenue growth from $16M to $43M
    - Over 50 branded SKUs and 1,000+ accessories
    - Owners seeking a minority equity partner for expansion
    - Major red flags: undifferentiated product, expensive growth, brutal ad competition

    Subscribe to weekly our Newsletter and get curated deals in your inbox

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    • 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

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    30 mins
  • Best of Acquisitions Anonymous - A Pet Cremation Business?!
    Dec 23 2025

    In this episode, the hosts explore a pet cremation franchise for sale in Miami, unpacking a franchise model with big claims, low margins, and a morbidly niche market.

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Go High Level – The all-in-one sales and marketing platform built for agencies and entrepreneurs. Automate, manage, and grow your business at https://www.gohighlevel.com

    Viso Business Capital — Get the right SBA loan tailored to your acquisition needs with Heather Endresen’s firm. Sign up for a free live Q&A on SBA loans at https://www.visocap.net and click “Zoom Sign Up” in the top-right corner.

    This week’s episode dives into a highly unusual SMB opportunity: a pet crematorium in Miami-Dade County operating under the newly formed Resting Rainbow franchise. Listed at $1.5M, the business claims no competition and potential to hit $3M in revenue. It includes all major equipment (incinerator, walk-in cooler), but reported cash flow sits between $50K and $200K depending on which numbers you believe.

    Key Highlights:
    - Asking Price: $1.5M; EBITDA: $127K (claimed), Cash Flow: $50K
    - Equipment includes incinerator, walk-in cooler, and office assets (FFE: $290K)
    - Franchise fees include 7% royalty and $36K/year marketing
    - Operates with vet partnerships and walk-ins; 74% of revenue from cremations
    - Big risks: unclear brand identity, limited scale, no proven franchise model

    Subscribe to weekly our Newsletter and get curated deals in your inbox

    Advertise 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

    Show More Show Less
    37 mins
  • Best of Acquisitions Anonymous - Episode 185: Pizza Boat For Sale
    Dec 19 2025

    In this episode, the hosts break down a once-in-a-lifetime opportunity to own a floating pizza restaurant in the Virgin Islands—complete with a pizza armada, liquor license, and serious island vibes—all priced at under 1x earnings.

    Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

    💰 Sponsored by:
    Big thanks to GoHighLevel for sponsoring this episode! GoHighLevel is the all-in-one CRM that helps small businesses manage emails, texts, funnels, and more. It’s the Swiss Army Knife for modern operators—and you can try it free for 30 days at https://gohighlevel.com

    This emergency pod highlights a truly unforgettable listing: a fully operational pizza boat, moored in the crystal-clear waters of Christmas Cove, US Virgin Islands. The deal includes three boats, a commercial-grade pizza kitchen, a liquor license, a merch store, and even a 2008 Ford Explorer—all for just $425K, with cash flow reported between $250K–$500K.

    Key Highlights:
    - Asking price: $425,000; Cash flow: $250K–$500K
    - Includes 3 boats, commercial kitchen, liquor license, SUV
    - Located on a protected mooring in Christmas Cove (mooring lease = $1,083/year)
    - Strong social media and TripAdvisor presence; #1 rated restaurant in St. Thomas
    - Potential risks: hurricane exposure, island lifestyle burnout, staff reliability

    Subscribe to weekly our Newsletter and get curated deals in your inbox

    Advertise 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

    Show More Show Less
    32 mins