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Acquisitions Anonymous - #1 for business buying, selling and operating

Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley
Business Acquisition
E-Commerce
SBA Loans
Franchising
Capital Pad
Acquisition Lab
Business Acquisitions
Real Estate
Entrepreneurship
Acquisitions
Christmas Tree Business
Wyoming
Med Spa
North Carolina
EBITDA
Texas
Third-Party Logistics
Small Business Acquisitions
Investment
Small Business

Jump into the world of business acquisitions with hosts Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley. We review real businesses for sale in each episode, providing expert insights, strategies, and tips to make savvy business moves like the pros. Perfect for entrepreneurs, investors, and anyone interested in buying and selling businesses.

PublishesTwice weeklyEpisodes531Founded6 years ago
Number of ListenersCategories
EntrepreneurshipBusinessInvesting

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Artwork for Acquisitions Anonymous

Latest Episodes

In this episode the hosts talk about a $2M Orange County flight school generating roughly $950K in SDE—and how SBA financing plus aircraft depreciation could potentially make the buyer’s effective cash investment close to zero.

Business Listing – ht... more

In this episode the hosts talk about buying two established Beaufort, South Carolina restaurants generating roughly $6.3M in combined revenue for a ~$2.3M asking price—and why the leases, shared management, seasonality, and limited growth potential c... more

YouTube

In this episode, the team analyzes a $20.5 million wholesale aquarium livestock distributor, debating whether its unique logistics, proprietary operations, and recurring customer base justify one of the highest acquisition multiples ever featured on ... more

YouTube

In this episode the hosts debate whether a profitable AI assistant business listed for just 1.5x earnings is an incredible bargain—or a business that's about to be made obsolete by ChatGPT and Claude.

Business Listing – mailchi.mp/websiteclo... more

YouTube

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Recent Guests

Alex Smeresniak
Former CEO of 2U Laundry
Franzy (franchise opportunity platform)
Episode: How One Bowling Alley Made Millions Through COVID
Brad Wayland
Representative from Quiet Light Brokerage
Quiet Light Brokerage
Episode: Would You Buy a Flamethrower Company for $2 Million?
Travis Jamieson
From Capital Pad, co-investment sponsor
Capital Pad
Episode: The Million-Dollar Wine Cave Business Nobody Talks About
Walker Dybul
Founder of Acquisition Lab
Acquisition Lab
Episode: The Million-Dollar Wine Cave Business Nobody Talks About
Kat Ramirez
Broker, CEO and founder of 10xBusinessBroker
10xBusinessBroker
Episode: How Much Is a Portable Toilet Business Worth?
Will McCurdy
CPA, Bedrock Quality of Earnings
Bedrock Quality of Earnings
Episode: Industrial Automation Business for Sale Analysis | $656K SDE Review
Tighe Burke
Special guest co-host with experience in executive recruiting
Episode: Recruiting Business Valuation: Is 3x SDE a Good Deal?
Clint Fiori
Operator of the trailer dealership deal featured on the show
Dealership (Dealonomy listing)
Episode: $11M Trailer Dealership: Great Business or Sketchy Add-Backs?
Alex Merezniak
Founder of Franzy, former CEO of 2U Laundry
Franzy
Episode: This Franchise Cleans Fryer Oil… But Is It Profitable?

Hosts

Bill D'Alessandro
Host of Acquisitions Anonymous with a focus on deal mechanics and real estate considerations in SMB acquisitions.
Mills Snell
Co-host focused on deal underwriting, due diligence, and financing strategies.
Heather Endresen
Co-host with emphasis on SBA financing and negotiation; provides lender and financing perspectives.
Michael Girdley
Host with deep experience in acquisitions, deal structuring, and operational insight.

Reviews

4.8 out of 5 stars from 565 ratings
  • Great value all around

    I love that they’re digging into the details and taught through various pros and cons, including the mindset it takes to be successful in an acquisition. I also liked that they’re not afraid to dig into tricky topics, like valuing an AI business.

    Apple Podcasts
    5
    hanks1415
    United States10 days ago
  • Yay dad!

    Mills is my dad and he has the best time doing this with everybody. It helps prepare him to teach me life lessons on how to own and manage a business.

    Apple Podcasts
    5
    Snell kids
    United States10 months ago
  • Go back to longer format

    I prefer the longer format episodes. I feel like I’m not getting as much of a deep dive as what I’m used to and why I fell in love with this show.

    Apple Podcasts
    4
    Mcb0702
    United Statesa year ago
  • A great listen for those who want to lift the hood on a range of businesses

    Love this podcast - its not often that you get to gatecrash a meeting of business experts to understand if they’ll buy a business and if the bank will finance the purchase. A great mix of opinions, finance info, entrepreneurship and laughs.

    Apple Podcasts
    5
    Kimhollis
    Australiaa year ago
  • Bill Carries

    The concept of this podcast is fantastic and they’ve had some good episodes over the years, but Bill carries everyone else on his back. In terms of both expertise, insights and entertainment value, none of the other 3 even come close. Michael and Heather especially offer nothing of value to the pod and say the same surface level stuff every time “what’s the moat” “who’s the right buyer” “what’s to stop anyone else from doing this” without offering any interesting angles or ideas. Bill should do ... more

    Apple Podcasts
    2
    Hxoygoyvphv
    Canadaa year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Long-time fans appreciate the mix of humor with serious deal analysis.
Listeners praise the practical, entertaining breakdown of deals and real-world insights.
Some critics call out production quirks but still value the actionable content.
Guests and deal perspectives are frequently cited as valuable for buyers and sponsors.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

The Million-Dollar Wine Cave Business Nobody Talks About
Q: Is this wine cave construction business financeable with SBA financing?
It can be financeable if the buyer has a construction background or the ability to obtain a license, but the project-based nature and geographic concentration make lenders cautious; a seller-financed or earn-out structure may be more feasible for a qualified buyer.
How One Bowling Alley Made Millions Through COVID
Q: What are the main financing routes discussed?
A blended SBA approach using 504 and 7A loans, leveraging the building as collateral, potentially with a seller note, and the option to fully or partially finance the enterprise through real estate-backed structures.
How One Bowling Alley Made Millions Through COVID
Q: What makes this opportunity compelling despite high price multiples?
The combination of high cash flow, valuable real estate, and the potential to convert the space into a more modern, possibly franchised concept, supported by favorable real estate financing options that can cushion the buyer against EBITDA declines.
8M Aerospace Deal… 95% Customer Concentration. Buy or Run?
Q: Amazing. How big is their fund?
The fund is around 300 million in assets under management, with a broader setup across the portfolio and a sense of scale that could support larger deals.
This VR Biz Trains Forklift Drivers... and Makes Bank
Q: Does this VR training business have tailwinds or headwinds given technology trends?
Experts note growing interest in VR training and industrial safety but warn that automation and robotics could erode demand over time, so success depends on selecting the right customer segments and leveraging partnerships to scale hardware with software.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About Acquisitions Anonymous

What is Acquisitions Anonymous about and what kind of topics does it cover?

A show focused on buying, financing, and operating small to middle-market businesses, with a rotating panel of experienced operators and deal experts. Episodes dissect real listings, covering deal structure, financing (including SBA/504 loans), due diligence, valuation, and post-close operations. A recurring strength is the practical, numbers-driven breakdown of diverse industries—from carious service businesses to manufacturing and hospitality—often supplemented by broker and sponsor perspectives. Notable is the blend of seasoned hands-on experience with accessible, collaborative banter, plus the occasional guest expert that adds credibility on niche markets and financing options. This mix makes it useful for listeners evaluating acquisiti... more

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Which podcasts are similar to Acquisitions Anonymous?

These podcasts share a similar audience with Acquisitions Anonymous:

1. Acquiring Minds
2. Built to Sell Radio
3. My First Million
4. Moneywise
5. The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

How many episodes of Acquisitions Anonymous are there?

Acquisitions Anonymous launched 6 years ago and published 531 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Acquisitions Anonymous?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

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What guests have appeared on Acquisitions Anonymous?

Recent guests on Acquisitions Anonymous include:

1. Alex Smeresniak
2. Brad Wayland
3. Travis Jamieson
4. Walker Dybul
5. Kat Ramirez
6. Will McCurdy
7. Tighe Burke
8. Clint Fiori

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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