Mills Wants to Buy a $5M Tourist Trap Business in Florida
In this episode, we look at a retail apparel business in the middle of Florida’s tourist hotspot, WaterSound. They’ve made the most of the busy Highway 30A traffic with three stores and an online shop. But is the $5 million asking price worth, especially with so few fixed assets? We talk about the pros and cons and whether this deal is a hidden gem or another tourist trap. Thanks to this episode's sponsor: Acquisition Lab and their team have been longtime supporters of the pod. Acquisition ...