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Content provided by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Would You Pay $2M for a 70-Year-Old Sandwich Factory?

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Manage episode 501192193 series 2842765
Content provided by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, the hosts unpack a 70-year-old South Carolina sandwich business supplying gas stations and vending machines—and debate whether its low margins and high complexity make it a hidden gem or a money pit.
Business Listing – https://mergerscorp.com/property/70-years-old-american-producer-and-wholesaler-of-pre-packaged-foods/
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:
OpenPhone – The modern business phone system for small businesses. Get a professional number, manage calls and texts from one app, and separate work from personal life. Try it free at https://www.openphone.com
Verivend – The fastest way to send and receive capital for deals. Verivend simplifies fundraising and LP payments with instant, secure transactions. Learn more at https://www.verivend.com
This episode features a quirky 70-year-old business in South Carolina manufacturing and distributing pre-packaged sandwiches to vending machines, gas stations, and convenience stores. With $5.7M in revenue and $426K in seller discretionary earnings (SDE), the company also owns a 14,000-square-foot facility and employs 42 non-union staff.
Key Highlights:
- Asking price: $2M | Revenue: $5.7M | SDE: $426K
- 70-year-old sandwich business with regional distribution
- 42 non-union employees in a 14,000 sq ft facility
- Potential hidden issues: low EBITDA per employee, unaccounted rent, food safety risks
- Strong debate: Mills gives a thumbs up, Heather “pre-declines” the loan

Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise 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]

  continue reading

427 episodes

Artwork
iconShare
 
Manage episode 501192193 series 2842765
Content provided by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, the hosts unpack a 70-year-old South Carolina sandwich business supplying gas stations and vending machines—and debate whether its low margins and high complexity make it a hidden gem or a money pit.
Business Listing – https://mergerscorp.com/property/70-years-old-american-producer-and-wholesaler-of-pre-packaged-foods/
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:
OpenPhone – The modern business phone system for small businesses. Get a professional number, manage calls and texts from one app, and separate work from personal life. Try it free at https://www.openphone.com
Verivend – The fastest way to send and receive capital for deals. Verivend simplifies fundraising and LP payments with instant, secure transactions. Learn more at https://www.verivend.com
This episode features a quirky 70-year-old business in South Carolina manufacturing and distributing pre-packaged sandwiches to vending machines, gas stations, and convenience stores. With $5.7M in revenue and $426K in seller discretionary earnings (SDE), the company also owns a 14,000-square-foot facility and employs 42 non-union staff.
Key Highlights:
- Asking price: $2M | Revenue: $5.7M | SDE: $426K
- 70-year-old sandwich business with regional distribution
- 42 non-union employees in a 14,000 sq ft facility
- Potential hidden issues: low EBITDA per employee, unaccounted rent, food safety risks
- Strong debate: Mills gives a thumbs up, Heather “pre-declines” the loan

Subscribe to weekly our Newsletter and get curated deals in your inbox
Advertise 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]

  continue reading

427 episodes

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