In this episode, the hosts dissect a $25M listing for an ultra-premium executive networking platform with jaw-dropping EBITDA—and even more jaw-dropping red flags.

Business Listing – https://www.websiteclosers.com/businesses/prestigious-networking-platform-for-entrepreneurs-business-owners-high-net-worth-individuals-6x-growth-trends-in-2025-34-us-chapters-scaling-to-100/114587/

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 Verivend — Designed for independent sponsors and private investors, Verivend eliminates friction in capital movement. From capital calls to distributions, manage your entire investment process with instant, secure payments and automated reconciliation—no transaction limits. It’s like Venmo for dealmakers. Learn more at https://www.verivend.com

🧠 Powered by Acquisition Lab — Founded by Harvard MBA Walker Deibel, Acquisition Lab is your blueprint for buying a business. Get expert guidance, world-class resources, and a community of serious buyers to help you navigate search, diligence, and acquisition with confidence. Apply now at https://www.acquisitionlab.com

This week, the team analyzes a high-flying luxury executive networking platform seeking $25M for a business doing $6.4M in cash flow on $8.9M in revenue—all built since 2023. With tiered memberships ranging from $3,750 to $30,000, and claims of 62% net margins and explosive 6X growth projections, the deal promises plenty—but also raises some eyebrows.

Key Highlights:
- Asking price: $25M, Cash Flow: $6.4M, Revenue: $8.9M
- Founded in 2023 with only 4 employees
- Explosive growth claims: 6X revenue by 2025
- Tiered memberships: $3,750–$30,000 annually
- Major churn/transition risk and potential dependence on influencer/celebrity appeal

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In this episode, the hosts break down an overpriced, confusingly diversified urgent care and med spa hybrid in Orange County, exploring why it's unlikely to trade at the asking price.

Business Listing – https://www.bizbuysell.com/Business-Opportunity/urgent-care-for-kids-and-adults-full-service-plus-med-spa-3405-sqft/2323118/

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.

Sponsors:

This episode is sponsored by OpenPhone — the modern phone system built for founders and operators. OpenPhone lets you create dedicated business numbers that work right from your existing phone or desktop. You get features like auto-replies, shared inboxes, call recording, integrations with tools like Slack and HubSpot—and best of all, you look way more professional.

We use OpenPhone here at Acquisitions Anonymous. It keeps our personal lives separate, our teams in sync, and our deals moving fast.

Head to https://www.openphone.com/aapod for more info.

Verivend – Simplify your capital calls and LP payments with Verivend’s frictionless, secure platform. No more wires, no more hassle. Learn more at https://www.verivend.com

The hosts dive into a peculiar $8M listing for a hybrid urgent care and med spa based in South Orange County, California. Pulling in $3.5M in gross revenue with $1.5M in seller’s discretionary earnings, the business claims to offer everything from urgent care and COVID testing

Key Highlights:
- $3.5M revenue, $1.5M SDE, asking $8M (5x+ multiple)
- Located in affluent South Orange County, CA
- Services range from urgent care to med spa and STD testing
- Owner is “very semi-absentee” and willing to stay on
- Hosts question valuation, mixed identity, and transaction viability

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• Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
• Do you enjoy our content? Rate our show!
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For inquiries or suggestions, email us at contact@acquanon.com

The hosts break down a Wyoming ski resort open just 40 days a year, calling it an amazing local novelty — but likely worth zero as an investment.

Business Listing – https://beartoothbasin.com/for-sale

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.

💼 This episode is sponsored by Verivend — the platform built for independent sponsors and private market investors to move faster and cut out friction. From raising to returning capital, Verivend streamlines investment management with instant, secure payments and automatic reconciliation. It’s like Venmo for capital calls, deployments, and distributions — all with no transaction limits. Learn more at https://www.verivend.com.

🧠 Powered by Acquisition Lab — founded by Harvard MBA Walker Deibel, the Lab helps aspiring business buyers navigate search, diligence, and acquisition with expert support and community. Head to https://www.acquisitionlab.com

In this episode, the team tackles one of the quirkiest deals ever sent in by a listener — a tiny ski area in Wyoming and Montana that only operates during the summer. Tucked away off a seasonal mountain highway, this resort offers about 40 days of skiing each year. With two high-speed lifts running on diesel generators, capped daily tickets at just 100 skiers, and pricing of $50 a day, the business might top out at $200K in annual revenue under perfect conditions.

Key Highlights:
- Located on a seasonal highway with a 20-year forest service permit over 90 acres
- Open only ~40 days a year, with capped daily revenue of ~$5K
- Includes two high-speed lifts, three snowcats, seven trailers, and all tools
- Powered entirely by portable diesel generators — no built infrastructure
- Raises the question: why just $50 tickets for such a unique experience?
- Everyone agrees it’s a super cool concept, just not a business that cash flows

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 contact@acquanon.com