Acquisitions Anonymous - #1 for business buying, selling and operating
Skincare co's are hot. Do you want to own one?? | 2 Skin Care eCommerce Businesses for sale | Acquisitions Anonymous Episode 73
02 Mar 2022
Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) discuss 2 eCommerce deals in today's episode. An eCommerce skincare product seller & an Amazon FBA eCommerce Brand in the Anti-aging, beauty and skin care segments-----* 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.-----Show Notes:(0:00) Intro(1:10) Cloudbookkeeping.com(2:16) Health & Wellness brand: eCommerce skincare product seller(6:23) The fools Gold of FBA Businesses(7:20) Understanding the value through market knowlegde(8:30) No brand loyalty.(11:15) Amazon FBA as a source of revenue(15:10) Big Client anecdote(16:00) In-n-Out(18:10) Going from eCommerce marketplace to an own domain website & brand value(21:07) Value forward advisory(22:02) Amazon FBA eCommercer Brand in the anti-aging, beauty & skin care segments(23:14) Year established as a red flag(23:49) Private lable product(25:27) Margins, cost structure & scaling up on FBA eCommerce(26:40) Sourcing from India?(28:19) Large inventory thoughts, contradictions in the listing(29:29) Should we be mistrustful of this business?(32:23) The growth is just not possible without a cheat code(33:41) Is it realistic to acquire 1 eCommerce business a year?(34:58) Good businesses transact at great multiples-----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 that include sophisticated reporting, QuickBooks software solutions, and full-service payroll options.Value Forward Advisory is a Minneapolis based company that focuses on the growth and eventual sale of mature companies up $15 million in revenues. They offer Contract CFO, businesses taxes and succession planning. Owner, Zack Ryan, enjoys this podcast and is happy to support it.-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#62 Two Landscaping Businesses for Sale - Mike Loftus CEO Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise 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 [email protected]
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