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- #38 - For Sale: Laundromat with $4M in Gross Revenue
#38 - For Sale: Laundromat with $4M in Gross Revenue
👋 Hey fam!
Welcome to the 80 new people who have joined this week!
In this week’s issue:
🗄️ Traditional business - 1 listing
✍🏽 Content Site - 1 Listing
🛒 eCommerce - 1 listing
🛒 eCommerce - 2 listings
🗄️ Traditional business - 2 listings
🕵🏼♀️ Service - 1 listing
Alright, Let’s explore!
Estimated Reading Time = 5 minutes
🚀 Startup Spotlight
Discover profitable online and traditional businesses.
💰 Asking Price: $2,500,000
Don’t miss this opportunity to purchase THREE REVENUE streams from one active and two passive neighboring businesses that have been family-run for decades. The ideal buyer would want to be the next hands-on-owner.
Type: Traditional Business
✅ Key Highlights
$4,000,000 in Gross Revenue
$550,000 in Cash Flow
Inventory of $1,000,000
Real Estate Value of $1,300,000
Inventory not included in asking price
🚀 Growth Opportunities
SEO: Huge opportunity for a new owner to step in and start ranking for their local region.
New markets: New ownership could easily build upon the current brand / name recognition that was built over the course of 50 years, tapping into new market segments and quickly expanding upon existing customer base.
🚩Cons
Owner responsibility: Current owners looked very hands on. New owner might have to hire out for a manager position and pay them to run both the neighbouring businesses if they wish to be more hands off.
💰 Asking Price: $1,141,975
Generating over $1M in TTM revenue and attracting over 1 million page views in the same period, this profitable pair of authoritative health and wellness websites is primed for growth.
Launched in 2018 and 2019, respectively, the sites have grown steadily from a side hustle into thriving full-time businesses, generating nearly $730K in combined TTM SDE.
Type: Content Site
✅ Key Highlights
$1,141,975 in Gross Revenue
$729,481 in Income
1 million page views in last 12 months
Lean 6 person team
90% revenue comes from affiliate commissions
🚀 Growth Opportunities
Affiliate Commission: Get in touch with bigger brands and work on more aggressive CPA deals. Health niche is a massive space with lots of brands who want to work with more bloggers.
Whitelist: Give access to brands to use your profile to run ads from. Charge them a % of attributed revenue instead of CPA.
🚩Cons
Google Ranking: Google has recently changed their search algorithm which has caused a lot of blogs to lose their organic rankings. During the audit process I’d make sure to look into their MoM growth for both revenue and sessions on site.
In Partnership With eVouch
eVouch is a Shopify app that gets your customers to post Instagram stories about your brand.
I've integrated eVouch into several of my own brands and let me tell you, the results have been nothing short of spectacular. We're talking about customer engagement that has truly disrupted our traditional metrics.
On average, we've seen 3.5% of all customers actively posting stories about their purchases. That's organic reach that you can't put a price on!
What's the secret sauce? The app provides discounts to shoppers to share their experiences through Instagram stories, making it a win-win for both the customer and the brand. Customizable templates make it effortless for your customers to create visually appealing stories that align with your brand's aesthetic.
Don't just take my word for it; experience the eVouch effect for yourself. Trust me, you'll wonder how you ever managed to grow your brand without it.
I don’t have a discount code for it right now but Alonzo told me that all brands who come in through me are eligible for a 1 month free trial (instead of the regular 2 weeks), priority support, and free creative design by their in-house designers.
Feel free to book a call with Alonzo here
💰 Asking Price: $7,000,000
One of the biggest legal cannabis distributors in Europe. They buy directly from farmers and distribute all over EU and UK.
Type: eCom
✅ Key Highlights
$2,000,000 in TTM revenue
$250,000 in TTM profit
$250,000 in revenue last month
$50,000 in profit last month
🚀 Growth Opportunities
Dropshipping to B2B: Implement a dropshipping model for B2B clients to streamline the distribution process. This can reduce operational costs, improve efficiency, and provide a more convenient ordering experience for clients.
Build on existing ecom site: Continuously improve the eCommerce platform's functionality and user experience. Implement features like personalized product recommendations, user reviews, and a seamless checkout process. Optimize the website for mobile devices to capture a growing segment of online shoppers.
🚩Cons
Regulatory Risks and Uncertainties: The legal status of cannabis products can be subject to change, and regulatory uncertainties may pose challenges. Stay vigilant about legal developments, engage legal experts, and have contingency plans in place to adapt to any changes in the regulatory environment.

🤌🏼 Thread Of The Week
A great story about buy-then-build.
Must read around what the process usually looks like and what type of business is suited for buyers.
From the $120k purchase of a tiny business...
...to a multimillion dollar exit to PE.
One of my favorite buy-then-build stories yet:
— Will Smith (@whentheresawill)
11:58 PM • Dec 9, 2021

✍🏽 My Weekly Read
Here’s this week’s #1 FREE favorite newsletter we read to help us be better operators:
Caveminds - Join 10,000+ founders getting actionable, weekly golden nuggets that are tailored to make your business more profitable, efficient, and grow.

🎙️ Work with Acquire Weekly
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If you’re looking to sell a business feel free to reach out and I can introduce you to our brokers and list it on next weeks addition.

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