Is This $895K Baseball Business a Grand Slam or a Strikeout?

Mills Snell (0:00)

Welcome back, everybody, to another episode of Acquisitions Anonymous, presented by Acquisition Lab. I'm Mills Snell, one of your co-hosts. Me, Michael, Heather and Brad from Quiet Light discuss a really interesting business today. It's for sale on loopnet.com, which I have strong opinions of. And it's a really, really fascinating business. It's a licensing deal mixed with an e-commerce opportunity, and it's the intersection of MLB and backyard barbecue. It caught my attention for a bunch of different reasons. We talk about licensing agreement dynamics, the profitability of those, the market they're tied to.

And then we talk about some low-hanging fruit for a business like this, some things that we don't think they're doing, whether or not this business is actually transactable, realistic expectations for the seller, SBA, eligibility for things that have profitability or don't. It's a really fascinating episode. Come in, very excited about this deal. I think you're going to enjoy this episode. Stick around after a quick word from our sponsors. Well said, Acquisitions Anonymous.

Hello, another episode of Acquisitions Anonymous.

Michael Girdley (1:08)

We don't have 100% beers anymore.

Heather Endresen (1:10)

Thumbs downing on just the Plus Inventory line.

Mills Snell (1:14)

Buying a business might be the biggest financial decision of your life. I know it was for me. And most people try to make it alone. Cold emailing brokers, reading financials at midnight, guessing whether the numbers actually hold up.

Acquisition Lab exists so you don't have to. It's the leading community, platform and fund backing serious, vetted acquisition entrepreneurs with a standing board of advisors who've actually done this. People who will talk you out of a bad deal as fast as into a good one. The education and the deal search tools are free, open to everyone before anyone asks you for a dime. The easiest way to feel that is a roundtable. It's a free live conversation where you talk through what you're actually stuck on with other buyers and advisors who've actually been there. Nothing is recorded so it stays in the room.

Sit in on the next one for free at acquisitionlab.com/roundtables and tell them Acquisitions Anonymous sent you.

Michael Girdley (2:12)

One of the biggest risks in entrepreneurship through acquisition is buying a business with fragile systems. Unclear demand or a single owner who holds all the knowledge. Franchising approaches that problem differently. You are buying into an established brand with documented systems, unit level data and repeatable operating playbooks. The hard part is knowing which franchises are actually worth evaluating. That's why Alex Smeresniak, former CEO of 2U Laundry built Franzy. Franzy is a free platform that helps acquisition minded entrepreneurs explore franchise ownership without broker bias. You answer a few questions and Franzy shows you franchise opportunities that align with your capital lifestyle and long term goals. You also get free coaching from people who have actually built and scaled franchise businesses. If you are exploring ETA and want to understand whether franchising fits your acquisition strategy, visit franzy.com. That's franzy.com.

Thanks to them for sponsoring today's episode. We're live. We have Brad today.

Quiet light, Brad.

Mills Snell (3:06)

Not so quiet, Brad. Depends on the day.

Michael Girdley (3:10)

The thing I like about Brad is-

Heather Endresen (3:11)

What's the brand? Quiet today, quiet light.

Michael Girdley (3:13)

Yeah, he's from quiet light to brogrid. But the thing I like about Brad is it just takes him a while to get warmed up. But when he does, his top speed is very high. That's what I appreciate about Brad.

Brad (3:24)

You are not the first person to say that.

Michael Girdley (3:27)

Really? There you go. Really?

Mills Snell (3:28)

All right.

Michael Girdley (3:29)

Did everybody get their vote on today? It's election day as we record this. Mills, how many times did you vote?

Brad (3:34)

I'm getting a sticker.

Mills Snell (3:36)

I took mine off because I thought this might be a little bit...

Brad (3:40)

Defensive.

Mills Snell (3:41)

It might date the episode, which I guess we always say when we're recording too.

Brad (3:46)

I've got an update. I've got an update. The episode has dropped fast.

The RV business.

Michael Girdley (3:54)

What happened? Tell us all about it.

Brad (3:56)

It sold.

Mills Snell (3:57)

No way. That fast?

Brad (3:59)

That fast.

Mills Snell (4:00)

You were like, I'm losing the listing.

Brad (4:03)

I just need you guys to bring me on and let me talk about my deals on the podcast every week.

Mills Snell (4:08)

Did the podcast have anything to do with it selling and you finding a buyer? Because you had like three calls set up that week, you said, I think.