In this episode the hosts dissect a bankruptcy‑sale opportunity involving dolphin‑habitat real estate in the Riviera Maya, Mexico — and explore whether the outsized risk of “ditch‑risk” is worth the potential payoff.

Business Listing – https://www.keen-summit.com/project/bankruptcy-sale-dolphin-aquariums-real-estate/

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!

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 focuses on a unique acquisition opportunity: a debtor’s assets in bankruptcy that include three parcels in the Riviera Maya (near Cancun) — one developed property with a ~71,000 ft² dolphin habitat, and two undeveloped commercial‐zoned lots adjacent to a major luxury outlet mall and the Cancun airport. The listing is marketed via the bankruptcy court (in Delaware) on behalf of the debtor Leisure Investment Holdings LLC.

Key Highlights:
- Opportunity: Three parcels in Riviera Maya (Mexico) including a dolphin habitat (~71k ft²) & commercial‐zoned land near major outlet mall & airport.
- Structure: Bankruptcy court‐administered sale; buyer must navigate liens, foreclosure history, foreign title risk.
- Industry risk: “Experience” business with captive dolphins is under regulatory/social pressure; decline in captive marine attractions cited.
- Foreign/operational risk: Real estate in Mexico + tourism zone + previous failing business = high risk of security, regulatory, title issues (“ditch‐risk”).
- Redevelopment potential: If the marine attraction is jettisoned, land could be repositioned for resort, wedding venue, outlet‐adjacent commercial use—but competition and local developer awareness likely high.

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In this episode the hosts dissect a $19 million “painting‑on‑demand” e‑commerce business making ~$15 million in sales and ~$3.67 million in earnings, and debate whether the price tag is justified given a crowded market and uncertain moat.

Business Listing – https://mailchi.mp/websiteclosers/new-deal-alert-online-art-gallery-ecommerce-brand-handmade-paintings-collection-strong-repeat-order-rate-3600-48-star-reviews2?e=42dc999128

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

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.

The business under review is a niche e‑commerce company in the custom hand‑painted art space: a made‑to‑order model with no inventory, ~$15 million in revenue (~$14.963 million) and ~$3.67 million earnings, asking price ~$19 million. The owners claim high average order value (~$1,500), ~20% repeat customer rate, ~30% net margins, and growth since 2020.

Key Highlights:
- Asking Price: ~$19 million for revenue ~$14.96 million and earnings ~$3.67 million.
- Business Model: custom hand‑painted art on demand, average order value ~$1,500, ~20% repeat customers, claimed ~30% net margin.
- Operational Setup: no inventory, contractor‑based production, D2C Shopify site, paid media + email automation driving growth.
- Risks: Extremely crowded market (many “print on demand” or custom art providers), potential rising customer acquisition cost, young business with limited track record.
- Strategic Questions: Does it have a compelling moat (exclusive artist network, unique IP, proprietary customer funnel)? Could a larger buyer replicate or disrupt the model? What happens if ad costs or competitor entry escalate?

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In this episode the hosts dissect a $23 million asking‑price acquisition of a Miami‑based specialty contractor with $41 M revenue, $4.7 M EBITDA, a $52 M backlog—and dig into its contract structure, accounting risks and deal suitability.

Business Listing Link – https://businessesforsale.nuwireinvestor.com/business-opportunity/specialty-contractor-with-long-term-contracts-and-62mm-backlog/2395873/?J=AN

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.

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 episode, the team reviews a specialty contractor serving healthcare and aviation clients in Miami‑Dade County, founded in 2007, with ~$41 M in revenue, ~$4.7 M in EBITDA, and a contracted backlog of ~$52 M. The asking price of ~$23 M implies about a 4.9× EBITDA multiple. The business claims that 80‑85% of revenue comes from renewable 3‑5 year institutional contracts with government and institutional clients, and emphasizes a capital‑light model with only ~$100k in equipment and ~53 employees.

Key Highlights:
- Revenue ~$41‑45 M, EBITDA ~$4.7 M (~10% margin) with backlog ~$52 M.
- Asking price ~$23 M → ~4.9× EBITDA, which is reasonable compared to many contractor deals.
- Contract structure: 80‑85% from 3‑5 year renewable institutional contracts (government, healthcare, aviation) which reduce reliance on open bidding.
- Accounting/diligence risks: low equipment/FF&E (~$100k) suggests perhaps subcontract model or specialized niche; retainage, WIP, deferred revenue and billing practices must be scrutinized.
- Buyer fit & financing: likely better for an industry‑experienced buyer; banks/lenders will want low leverage and proven transition plan given the contract complexity and possible change‑of‑control risk.

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In this episode the hosts dig into a $2.7 million EdTech business serving architects—$450K revenue, ~$227K profit, ~30 % growth—yet debate whether its 11.9× profit asking price makes any sense.

Business Listing – https://app.acquire.com/startup/aUdw7lekR1TbMTB7h3oH00Of2KH2/9zqyExayXzwGmnlz6QWA?utm_medium=email&_hsenc=p2ANqtz-98r-wxCcPABDrP80rGNweSlNs2VkMvwGKxMByTIVyTIen9tvlCC_HRGTYrJ1hp08w7BlWcQs_9_6gkpNUKm734YYgaCg&_hsmi=386717396&utm_content=386717396&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:
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

We review a niche online education platform founded for architectural and design professionals—offering 200+ live and on‑demand courses covering parametric design, BIM, 3D printing, AI tools. The business is bootstrapped since 2018, running at ~50% net profit margins, trailing‑12‑months revenue around $450K and profit ~$227K. The seller is asking ~$2.7M (≈11.9× profit, ~6× revenue) based on ~30% growth year over year.

Key Highlights:
- Revenue ~$450K, net profit ~$227K (~50% margin) and ~30% growth.
- Asking price ~$2.7M = ~11.9× profit, ~6× revenue.
- Model: 200+ courses, ~5,000 students, mix of B2C subscriptions + B2B licensing, niche vertical (architects/design).
- Risk areas: low recurring revenue (~25%), ticket size ~$90/student (so high volume required), valuation seems disconnected from scale.
- Consensus: a buyer could step in, launch sales team, expand market (vocational high schools, related professions) — but at this price overpay‑risk is high.

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In this episode, the hosts dissect a $17.5M electrolyte powder Amazon FBA brand with 86% margins and 20K subscribers—debating whether it’s a goldmine or a marketing death spiral in disguise.

Business Listing – https://quietlight.com/listings/16065383/

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

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

The team breaks down a high-flying $17.5 million revenue, $2.5 million SDE electrolyte supplement business listed on Quiet Light. The company pivoted from motivational water bottles to consumable electrolyte powders in 2021, riding the hydration craze straight to 65% YoY growth. But despite 86% gross margins and 20,000+ Amazon Subscribe & Save customers, the hosts raise red flags.

Key Highlights:
- $17.5M revenue, $2.5M SDE, 86% gross margins
- 99% of revenue from Amazon, ~20,000 active Subscribe & Save users
- Pivoted from motivational water bottles to consumables in 2021
- Faces high CAC, thin net margin (~15%) despite massive top-line
- Hosts warn: DTC/shopify expansion is not a “free” growth lever—may backfire on Amazon rankings

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In this episode, the Acquisitions Anonymous crew breaks down a freshly listed $1.9M indoor pickleball club in Houston, debating whether it’s a sports goldmine or a post‑trend trap.

Business Listing – https://www.bizbuysell.com/business-opportunity/pickleball-club/2414949/

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!

The hosts dive into a just‑listed $1.9 million Houston indoor pickleball facility boasting $400K in cashflow and a prime 15‑year below‑market lease. With 51,000 square feet, 18 courts, and multiple recurring revenue streams—including memberships and court reservations—the business claims to be “profitable from day one.”

Key Highlights:
- $1.9M asking price with $400K reported cashflow — business established only in 2024
- 15-year below-market lease for 51,000 sq ft facility with 18 courts
- Multiple revenue streams: memberships, court rentals, open play, potential food & beverage
- Moat discussion: location, community engagement, “first mover” indoor advantage
- Risk analysis: is pickleball peaking or still rising? Is the growth sustainable or a fad?

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In this episode of Acquisitions Anonymous, the hosts dig into a $4.4 M e‑commerce business in the diabetes sensor accessory space and debate whether its 41% net margin, Australian base, and licensing opportunity make it a smart buy—or a risky startup in disguise.

Business Listing – https://websiteproperties.com/websites/13755-sticking-with-success-great-business-opportunity-in-the-growing-diabetes-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

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

The team explores a listing for a home‑based Australian business selling branded adhesive patches for continuous glucose monitors (CGMs) — the listing claims approximately US $3.5 M in trailing 12‑month revenue (converted from AUD) and US $1.46 M in cash‑flow (~41 % net margin). The business model includes Amazon FBA plus a couple of major U.S. pharmacy accounts, with the owner working ~10 hours/week.

Key Highlights:
- Asking price ~US $4.4 M, trailing cash‑flow US $1.46 M (≈41 % net margin)
- Business based in Australia, selling (via Amazon + pharmacies) consumable patches for CGMs — a growing diabetes adjacent market
- Opportunity for U.S. expansion + licensing of characters/brands to build a moat
- Risks: Australian entity, potential Amazon seller‑migration issues, unclear SBA financing, low barrier to entry in consumables
- Strategic path: Use Aussie cash‑flow to buy and build U.S. subsidiary, invest heavily in influencer / TikTok, build brand/licensing to protect margin

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In this episode the hosts critique a $4.28 million asking price for a Signal Security Franchise business in San Antonio earning ~$773K revenue—arguing it’s overpriced, under‑differentiated and risky.

Business Listing – https://www.bizbuysell.com/business-opportunity/san-antonio-tx-highly-profitable-security-business-for-sale/2350661/

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 episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D’Alessandro and Connor Groce dig into a franchise‐for‐sale opportunity in the private security industry: a Signal Security franchise in San Antonio asking $4.28 million with $773K in gross revenue. They walk through the business model (commercial security staffing), margins, branding claims, franchise structure and red flags.

Key Highlights:
- Asking price: $4.28 million for a franchise security services business in San Antonio, with ~$773 K gross revenue.
- Model: Commercial security staffing (e.g., apartment complexes, offices) relying on contract revenue and hourly staff.
- Margin concerns: Advertised ~39% gross margin but likely much lower net profit—owners estimate very low take‑home.
- Franchise platform issues: Website more focused on selling franchise opportunities than showing service revenue or client success; raises questions about sustainability & support.
- Operational risks: Staffing, liability issues, tech disruption (surveillance & automation), brand reputation, risk of employee negligence or incident triggering legal/insurance exposure.
- Verdict: Thumbs down across hosts; valuation too aggressive for the business model and risk profile.

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