In this episode, the hosts dive into a salon suite franchise deal in the beauty industry — and why they ultimately gave it a thumbs down.

Thank you to this episode's special guest Connor Groce. To connect with Connor head to: https://www.connorgroce.com/

Business Listing - https://www.bizbuysell.com/business-opportunity/roi-immediately-3-salon-suite-franchises-in-the-ny-tri-state-area/2349645/

Sponsors:
🔹 Inzo Technologies - Get a complimentary IT audit for your acquisition with Nick Akers at Inzotechnologies.com.
🔹 Capital Pad - The marketplace for buying small businesses and raising capital. Learn more at CapitalPad.com.

Episode Description:
In this episode, the Acquanon team reviews a deal for three salon suite franchises located across the New York Tri-State area. While the concept of a passive, real estate-light business in the beauty industry sounds appealing, the hosts dig deeper into the financials, occupancy risks, personal guarantees on leases, and the high asking price. They break down why the deal, despite some attractive aspects, ultimately didn't meet their investment criteria.

Key Highlights:

- Overview of the salon suite franchise model
- Why occupancy is critical to profitability
- Risks of relying on weekly-paying, potentially flaky tenants
- The hidden dangers of personal guarantees on leases
- Why the asking price relative to cash flow made the deal unattractive
- Discussion about franchisor support (or lack thereof)
- How fixed costs create revenue durability risks

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For inquiries or suggestions, email us at contact@acquanon.com

In this episode, the hosts dig into a glass business in coastal South Carolina that’s stable, cash-flowing, and comes with real estate—perfect for a buy-and-hold acquisition.

Business Listing - https://www.loopnet.com/biz/business-opportunity/established-glass-business-in-growing-blufton-sc/2345451/

🎯 This episode is sponsored by:

Inzo Technologies – The IT partner made for searchers, by a searcher. Get a complimentary IT audit for your target business at https://www.inzotechnologies.com or email Nick directly at nick@inzotechnologies.com.

Capital Pad – The marketplace connecting acquisition entrepreneurs with capital. Whether you’re looking to raise or invest, visit https://www.capitalpad.com

The hosts evaluate a rare, straightforward acquisition opportunity—a custom glass contractor based in Bluffton, South Carolina. With $500K in cash flow, a strong reputation, and real estate included in the $2.7M asking price, it’s a dream deal for a buyer who wants a stable lifestyle business. They discuss how this company serves residential and commercial clients, the regional growth around Hilton Head, the operational nuances of glass contracting, and why this is one of the more “boring is beautiful” deals they’ve seen. Plus, they break down how scale may or may not make sense in this space and touch on challenges with competition and geographic expansion.

🔑 Key Highlights:

- Overview of a $2.7M glass business with $500K in cash flow
- Includes $700K of real estate and fully equipped vehicles
- Operates in the fast-growing Bluffton/Hilton Head region
- Strong candidate for SBA financing and owner-operator model
- Discussion of the fragmented nature of the glass contracting industry
- Why this isn’t a roll-up play, but a solid buy-and-hold asset
- Comparison of glass contracting vs. other home service industries
- Review strategy, competitive landscape, and geographic challenges

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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!
• Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

For inquiries or suggestions, email us at contact@acquanon.com

This week, the Acquanon crew dives into a $10M revenue sauna and cold plunge e-commerce business — but is the heat already fading on this high-ticket trend?

Sponsors:
💸 This episode is sponsored by Capital Pad — the go-to marketplace for connecting acquisition entrepreneurs with investors. Whether you're buying a business or want to back someone who is, Capital Pad streamlines the entire process. Check them out at https://www.capitalpad.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, Michael, Heather, and Bill analyze a dropshipping business doing $10M in revenue with $1M in EBITDA, focused on premium home saunas and cold plunges. With growing consumer interest in wellness and longevity, the panel debates whether this high-ticket e-commerce model has staying power or if it's already on the downslope of a health fad. They also explore dropshipping risk, marketing moats, and the nuances of buyer psychology when purchases top $5,000. Plus, the team reflects on tariffs, moats, and even Peloton culture in a classic Acquanon blend of laughs and insight.

Key Highlights:

• A breakdown of a $10M sauna/cold plunge e-commerce brand asking 5x EBITDA
• Challenges and risks of dropshipping large, high-ticket items
• Whether this wellness niche is a lasting trend or already peaked
• Insights on customer acquisition for $5K+ products
• Could AI play a role in considered purchases?
• Why SBA lenders might think twice about funding this deal
• Romanticizing capitalism, one sauna sale at a time

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