Passion, Meet EBITDA: The Joy of Buying an Art Gallery
Acquiring Minds
English - November 06, 2023 08:00 - 1 hour - 183 MB - ★★★★★ - 131 ratingsEntrepreneurship Business Investing entrepreneurship entrepreneur online business smb acquire acquisition Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Sean Moore looked at a handful of businesses, but a fine art gallery with over $1m SDE won the art collector's heart.
Topics in Sean’s interview:
Pulling $1M out of his 401k to buy an art galleryHow his gallery brings in $1M in SDEThe ecommerce aspect of the galleryThe additional revenue stream of a frame shopOpportunities to improve the gallery websiteHis peer group that supported his searchChoosing a passion business over a “boring” oneForming a connection with the sellerUsing ROBS for acquisitionsNegotiating earnest money with the sellerReferences and how to contact Sean:
LinkedIn[email protected]Josh LevellFascination St. Fine ArtJeff BaughmanGuesswork InvestingConnect with A-players who can run your business remotely:
More StaffingGet complimentary due diligence on your acquisition's insurance & benefits program:
Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:
See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter