Acquisitions Anonymous - #1 for business buying, selling and operating - This Horse Training School Built a Massive Social Media Following - Now It's For Sale?!

Episode Date: September 16, 2025

In this episode, the hosts dive into a highly profitable farrier school in Idaho with strong margins, lifestyle perks, and a YouTube-famous founder—but its future hinges on whether the influencer be...hind it stays involved.Business Listing – https://www.bizbuysell.com/business-opportunity/equestrian-industry-school/2397257/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 is the only platform purpose-built for independent sponsors and private market investors who want to move faster and eliminate friction. From raising capital to returning it, Verivend combines investment management and secure, instant payments—all in one place. Capital calls, deployments, and distributions work like Venmo: one-click, real-time transfers with no transaction limits and automatic reconciliation. Whether you’re raising a single deal or managing a full fund, Verivend gives you the speed and confidence to execute. Explore Verivend at https://www.verivend.com.Heron Finance – build a personalized private credit portfolio for steady monthly income—without the market rollercoaster. In minutes, take a quiz, see your custom plan, and invest in 12+ top-tier funds from managers like Ares, Apollo, and KKR, overseeing $1T+ with loss rates under 0.5%. Higher returns than bonds, lower volatility than stocks—start earning today at https://www.heronfinance.comThis week’s deal is a unique one: a farrier school located on a scenic 25-acre horse property in Idaho, listed for $3.5M including $2.2M worth of real estate. With annual revenue of $1.1M and seller cash flow around $477K, this school trains students in the highly specialized trade of hoof care and horse shoeing—critical, recurring services in the equestrian world.Key Highlights:- Asking Price: $3.5M (includes $2.2M real estate, $250K FF&E, $49K inventory)- Location: Rural Idaho, on a 25-acre fully equipped horse facility- Revenue: $1.1M | Cash Flow: ~$477K- Business Model: Farrier training school + influencer-driven top-of-funnel- Risk Factor: Brand heavily tied to YouTube-famous founder still active in MexicoSubscribe to weekly our Newsletter and get curated deals in your inboxAdvertise 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

Transcript
Discussion (0)
Starting point is 00:00:00 Welcome back, everybody, to another episode of Acquisitions Anonymous. I'm Mill Snell, one of your co-host. Me, Bill, Michael, and Heather have probably the most exciting deal episode we've ever done today. We were excited before the episode, before we hit record, before we even looked at it, because it was an equestrian-related business. And Heather, this was right up her alley. So we knew she was going to bring some amazing insight to it. As we talked about the deal, though, we started to like it even more and more and more. and we are actually going to go down the path and pursue it a little bit because it's such a compelling deal. It's a question and related. It's in Idaho. It's a school of some sort. And we get into all the details in the episode. It's a reasonably priced company relative to the cash flow. It's got some interesting kind of founder, kind of influencer type dynamics and they want to transition the business for some personal reasons. We get into all the details. We love this deal so much. I can't wait for you to listen. You'll hear the excitement. And we're definitely going to pursue it. So stick around after a quick word from our sponsors and hope you
Starting point is 00:01:03 enjoy the episode. Well, said Acquisition Anonymous. Hello, another episode of Acquisitions Anonymous. We don't have 100% years anymore. And thumbs downing on just the plus inventory. Hey, founders and business owners, building your company is complicated enough. Your investments shouldn't be. That's where Heron Finance comes in. Heron builds you a personalized private credit portfolio designed to deliver monthly passive income without the roller coaster ride of public markets. Here's how Heron works in three steps.
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Starting point is 00:02:16 and loss rates under 0.5%. That's added peace of mind backed by data. Ready to make your money work as hard as you do, start earning passive income from private credit today at Heron, finance.com. This is a paid ad and not financial investing or tax advice. Private credit is subject to credit, liquidity, and interest rate risk. Past performance does not guarantee future results. The information in this ad is for informational purposes only. Oh, guys, there is, you know, every day of the week has its name. Today, we're changing the name of today to Heather Day,
Starting point is 00:02:50 based on the deal that we have. Yeah. Yes. In a very rare situation, we have known we were doing this deal for three days because Heather sent it to us. When it hit the chat, I mean, I could just feel the excitement building. Yeah, we have to do this one. And it is, I hope somebody buys it. I'm so excited about this one. Heather, that's you. You are the boss.
Starting point is 00:03:13 That's what we're talking about. I wish I did. You have three partners who are willing to go in and help support you. Well, I like the picture here. There are four of us and there is one horse for each of us in the photo. That's right. Which one am I? I'm the short one.
Starting point is 00:03:28 Can I be the angry grumpy horse on the far right? Yeah, that's here for sure. Cool. Okay, is the beautiful mayor in the middle in charge. That's what we're talking about. And then one of these is like, you know, I think, you know, Gerds, you're probably like the large horse in the middle that does all the work. That pulls all the weight.
Starting point is 00:03:51 That's true. That's true. The people on YouTube, this makes a lot of sense. The people who are audio only are like, what is the deal? They will have had the benefit of the intro that we're going to record after this, so they do know this is an equestrian school. They told us what they told us they want more banter. Well, here you go. Sometimes you get what you asked for.
Starting point is 00:04:11 All right. Let me read you the steel. All right. Here it is. All right. So this is on Bizby Sell, our future favorite advertiser. It is an equestrian industry school located in Idaho. The picture, Heather, since you're a horse person, has four, I would say, very attractive horses.
Starting point is 00:04:28 Are these like a, I mean, do different horses have different breeds? Or can you tell any? Oh, there's lots of breeds. I can't tell from this picture what they are, though. I can't. I don't know. The asking price for this is a mere $3.5 million US dollars. Cash flow is about $500,000, $477,000.
Starting point is 00:04:49 And it does $1.1 million in revenue. So it looks like it's doing about a 45% STE profit margin bill. Pretty good. Yeah. It includes $2.2 million, in their opinion, of real estate. Does it include or does it operate on? Oh, I'm sorry. It just says real estate is $2.2 million. I actually haven't read this deal. I just looked at the picture.
Starting point is 00:05:11 So it's a very goodly move. Okay. Founded on a passion for all things, Cowboy and preserving a way of life, this equestrian school in Idaho has become the pinnacle of its genre in the world. Demand is extremely high, and tuition deposits are backlog several years. the school was established in 2018 and offers several courses ranging for three weeks to 36 weeks and operates year-round for great cash flow. Local horse owners line up daily with horses for these students to perfect their trade and create a secondary source of income. It looks like a scene from Yellowstone, but this thriving business is highly profitable while sustaining a lifestyle
Starting point is 00:05:44 opportunity as well. The owner runs the business remotely from Southern California. I mean, I'm sorry, from Mexico, Heather. Soon to be Southern California. Which is similar, yes. For seven to eight months of the year. So let me just pause there. So Heather, can you explain what this business does? Because this thing about the second income thing doesn't make sense to me. Yes, what that means, it's kind of like they're borrowing horses from the neighborhood.
Starting point is 00:06:10 They're not keeping their own horses. So do you have enough horses for all their students? They're paying their neighbors to use their horses. So the neighbors are bringing in extra horses so that they can have enough for, I guess it depends on how many students at a time. But it almost sounds like with these margins, maybe they don't own any of their own horses. They're just always kind of renting the neighborhood horses. So, Heather, I had a hypothesis here, though.
Starting point is 00:06:34 So the way this is written, it says local horse owners line up daily with horses for these students to perfect their trade and create a secondary source of income. I read that as the students are performing a service on the neighborhood horses. Like maybe they were reshoeing them or grooming them or training. them or something like I was reading it as like you know how like a barber school like you can get a discounted haircut from the people who are learning to cut hair I read it as sort of like that is that a business model you've seen well you definitely wouldn't pay students to train your horse I mean this is kind of the way horses work if you're going to have pay for training it's going to be a professional trainer because it has to be done a very certain way and very consistently so but it is possible that
Starting point is 00:07:22 like they're grooming and doing something with their hooves or, you know, could be stuff like that for sure that they could be performing a service. And, you know, the neighborhood horse owners are paying for it or and or getting that for free and just sort of lending their horses in because their horses get exercised or whatever. So not really clear, but it's what it's telling me is they don't own their own herd of horses for this, which is really good for the margins. That's the expensive part. is the ownership and the veterinary bills and all, you know,
Starting point is 00:07:56 so if they're able to use other people's horses to run their business from, I think that's a big plus. And also that probably makes it more reasonable to run it remotely, right? Because if you own the horses, they live there all the time. Yeah, you could never do that remotely. Yeah. Let me tell you a bit more about this deal. It has $49,000 worth of inventory.
Starting point is 00:08:17 I guess those are a couple horses. I have no idea. How much does a horse cost, by the way? Heather, like if I want to just go down. That's a loaded question. I want to go down to the horse store. How much does art cost, right? The horse store.
Starting point is 00:08:27 Yeah, that's like how much does art cost. I mean, you know, there's giveaway horses and there's, you know, 50,000 $100,000 sport horses, you know, that do whatever sport, whether it's Western or English, you know, depending on how well they're trained. So it's, it's all about what you're going to use them for and how well trained they are. And of course, how they look, you know, are they pretty? Are they tall? What color? All those things. And also how well trained are they, right?
Starting point is 00:08:54 The training is the big one. Yeah. You're going to pay the most for training. And if you're planning on showing or doing something competitive, then it's all about the horse's competitive show record. You know, how much has it done? How well has it been doing? So the price is very greatly. And it just, it's all over the board.
Starting point is 00:09:16 All right. So inventory is included, whatever that inventory may be, maybe feed or maybe a couple of horses or something. combination thereof. The real estate is owned and included in the asking price. Okay. It's getting better. The furniture's fixtures and equipment are about a quarter million dollars, also included in the asking price, and the facilities are located on 25 acres. That's included in the deal. This beautiful property boasts a nearly 7,000 square foot three-level custom home. It currently serves as boarding and classroom area for the 20-plus students per class cycle. There are also two smaller homes on the property occupied by instructors. A large, heated 5,000 square foot custom barn serves as the main
Starting point is 00:09:56 student training area, complete with a gracious tack room and stables. There is a large riding area and three acre pasture for grazing horses as well. A pivot line and pump easily irrigate the nearly 20 acres of additional pee. It just says pee. I don't know what you is. Prou pasture. Okay. First of all, the intangibles are priceless. The business itself boasts great margins and has the ability to double its student body if desired by building additional boarding on large property. The custom home could easily be returned to a single family dwelling, and there is a constant influx of students, and the nearly 740,000 followers on Facebook alone make it easy to market to others. The Facebook page is included in the sale.
Starting point is 00:10:35 Additional instructors are easily attainable from graduating student body seeking further accreditation. The ideal buyer could be a businessman. It says business man, but I'm going to change it. The ideal buyer could be a businesswoman from Southern California. who wants to establish, who wants an established business with lots of room for expansion and time to spend with horses
Starting point is 00:10:55 and get paid for it. It could also be someone who wants to experience a magnificent horse property with a large custom home and a highly productive business opportunity at the same time. It would be truly a great place
Starting point is 00:11:04 to raise a family away from the complexities of big city life in Southern California. The owner will provide assistance to the new owner as to the intricacies of running the business
Starting point is 00:11:13 after the sale. He can also do frequent appearances via Zoom and on location in the future. The owner lives most of the year out of the country and wants to focus his efforts and it stops. Wow. That's pretty cool. I love this.
Starting point is 00:11:27 And I Googled and found it. You did? I was trying to do that while he was reading it. We're not doing that anymore. I know. But I love it. We're not dogs and deals. I love it even more after finding it.
Starting point is 00:11:41 Really? Because we were, I think, Bill, you were closer to hitting the nail on the head with what they do. This is the title equestrian industry school is like the real kicker here because this is not just like a boarding place where, you know, the neighbors bring their horses and they teach like kids how to ride. It's a very, very specific equestrian skill. And y'all, the tuition on this ranges from $4,900 to $20,000. Wow. That's a three six-week program, right? It is on the high end.
Starting point is 00:12:19 Yes. So, Bill, it's very similar to what you're talking about with the barber school where, hey, I need this service provided for my horse. And they bring it to the school. And then you have people who are becoming certified in something. And, you know, you get a deal on the service. Wow. Now I know what the service is. Yeah.
Starting point is 00:12:39 Just from what you said. Yeah. So that is totally. Bill was right. You were right. And that is great. even better business model. Heather, I love that. Say that again. Bill was right. Are you recording this for your wife? No good. Yes. It hasn't heard that recently. Okay. Now, Heather, the big question to me is like,
Starting point is 00:12:58 is Idaho like the mecca of equestrian? No, not really. But I mean, I think what Idaho is is a place where you've got a lot of land and good conditions. You know, it's not, it's probably not too cold in the winter, although they do have a heated barn. So that tells you it does get cold. Um, he's they've got to have heat. It's probably just a good place to have, you know, the property is not too expensive there. But, man, I love it even more after what you said. And after what Michael read, the fact that the residents where they board people, the students, is included as well as it's not just dirt and, you know, writing a barn and writing arenas,
Starting point is 00:13:37 but it's a house and a pool. I mean, that's a lot. Oh, I'm sorry, not a pool. You know, an area is highly agrarian. whenever you look at the satellite imagery and all you see is circles from the irrigation system, just like for miles and miles and miles. This area is, yeah, very agrarian-based. So if you buy their supposition that the real estate is worth $2.2 million, which whenever a seller throws in their real estate and claims a value out, you always got to just be like, okay,
Starting point is 00:14:11 are they inflating this? But if you buy that and you say, stand alone, if they're was to sell this place as a ranch to somebody that could get $2.2 million for it, regardless of what business was going on. If you buy that, inherent value in that, the asking price for this is the difference between 3.5 and 2.2 million, 1.3 million. So that means they are basically charging,
Starting point is 00:14:33 asking for two and a half times seller cash flow for a business that is currently being run remotely. Yeah, pretty nice. I like it. I just checked the flights. You can get from Charlotte to this area, area. And it's actually not bad. Like under 300 bucks, Bill, round trip. Wow. Maybe I should bail on buying the new house that I'm about to buy and fed by this. Yes. And move on
Starting point is 00:14:57 correct. Let's do both. That's right. Let's do the house. So, Heather, can I guess, is it a fairier school? Yeah, that's what it's got to be. It's got to be a fairier school. So they are, instead of cutting hair for people, they are cutting or trimming hooves for horse owners and maybe doing and learning shoeing probably. Which needs to happen. How, frequently, does a horse need to be re-chewater? About every six weeks, if they're wearing shoes, because they won't wear their hooves down. If they're not wearing shoes, they might wear their hooves down, depending on what kind of surface they're working on. And it could be less frequently.
Starting point is 00:15:30 But they've got to be trimmed and shaped, and there's an angle. I mean, like, the school is pretty technical on this. I mean, it is intense, and you'll see lots of horse owners suddenly requiring corrective shoeing. right so like the horse is having a problem a tendon problem just like an athlete would now it needs a special angle a special pad under the shoe all kinds of expensive stuff that horse owners will spend on so their horse can be sound basically so it's really technical and that's the one part i worry about with this because he says uh you know his transition the transition the owner's willing to give um he made a few comments about that but it makes me think that this that this seller is really a master fair you know, that he's maybe well known and he probably, you know, Mexico has a very big equestrian tradition as well. So he probably does the same thing or, you know, has a business down there, different parts, different times of the year. So that would be my only drawback is if you're not, if you don't have that technical skill and you don't have a name in that industry, would that be
Starting point is 00:16:34 hard for you to step into this business? Well, so that was the thing that made me a little nervous. So it started in 2018, which is, I guess is getting to be a while ago at this point. But it says, it has, it's confusing because in one place here it says 740,000 followers on Facebook alone. And then another place that says 228,000 followers on Facebook. So I don't know which it is. But is it? And then there's this, it mentions the owner who lives in Mexico. And is this an influencer? Like a fairier influencer? Probably. So the 200 bill is on their YouTube. And then the 100 or the 700 140 is on. On the website, it says that the owner and his wife are,
Starting point is 00:17:23 they're visionary creators and owners of the largest horse hoof care YouTube and Facebook channels on the internet. There you go. They're an influencer business. I've watched a lot of these channels. This is shockingly good content. Yeah. Like, have you guys, Mills or Bill, have you watched any of this? Heather already has, so I'm not asking her.
Starting point is 00:17:45 I haven't. I couldn't believe my friend who is not a horse person was telling me about how she's obsessed with watching. I'm like, what? Are you crazy? And then I realize it's everybody. There's a bunch of them. My favorite is actually this guy that's Welsh. His name is the Hoof GP.
Starting point is 00:18:00 So he's got like this kind of Welsh brogue to him. And he like drives around the Welsh countryside. And every episode, it makes for great content because it's like an eight minute kind of rise and fall. Okay, like I'm showing up. What's going to be my call to action? this particular horse is lame or this, and he does cows, right, because it's Welsh farmland in the UK.
Starting point is 00:18:20 But he, you know, and then it's like, okay, well, then I get this horse and here are this cow, and like she stepped on a nail, like, now she can't walk. What do we have to do? Oh, my gosh, now I get in and I, you know, like she's got a blood pus pustule inside the hoof, like, and it starts spraying everywhere, and then the horse does better and, like, resolution happens.
Starting point is 00:18:40 It is perfect hero's journey, social media content, and it's very visual. So I could, anyway, I could teach somebody how to be a great social media creator for this. It is not that difficult. Well, it seems like they've already figured it out. Yeah, yeah. So this has a lot of potential just from what you just said. It's popular for people to just watch the videos.
Starting point is 00:19:01 I think you need to buy it, though, with some kind of licensing agreement to the seller. You know, you've got to have them continue to influence the business. They've got to probably come do some clinics, certain number per year. year so that you can still advertise that that person is still coming to the school. I don't think you can buy it outright and that seller can just walk away. I think you really have to have them involved. Yeah, I worry a little bit that people are coming here to learn from a famous master craftsman and that that is why this school has cachet. Okay, I think though, I'm worried about the same thing, except that they have, you know, six to 36 or three to 36 week courses.
Starting point is 00:19:43 and he lives in Mexico. So I wonder is, are there, the website doesn't really list a ton of staff. There is a staff page and the husband and wife are two of the three people. But I'm wondering are there kind of third party, you know, kind of educators or something like that who are here if they're talking about the business being run remotely. This is a hands-on thing. I don't think it's, I don't think like the primary delivery mechanism is him in Mexico on Zoom and people in Idaho, you know, And he's like, you're doing it wrong.
Starting point is 00:20:14 Hey, everyone. I just want to tell you that this episode is brought to you by Varevend, which is the only platform purpose built for independent sponsors and private market investors who want to move faster and eliminate friction. Veravend is cool because it combines investment management and secure instant payments into one platform. So that means capital calls, deployments, and distributions. They all work like Venmo.
Starting point is 00:20:36 One-click, real-time transfers with no transaction limits and automatic reconciliation. So from raising capital to recover. returning it, VARAVAN handles it all. Deal marketing, data rooms, K-Y-C and accreditation for your investors, signatures, capital flow, dashboards for your investors, and even fund administration, accounting, and taxes. So whether you're raising a single deal or managing a full fund, VARAVAN gives you the speed and confidence to execute all in one single platform. So you can check it out and learn more at V-I-V-V-E-N-D dot com. Well, he's doing the hard part with any school, the any school, which is how do you fill your top of funnel economically?
Starting point is 00:21:18 And like that, how is he going to solve that? Because unfortunately, education is a tough business because it is not recurring revenue. Right. It's one time you teach somebody and they move on, maybe sell them something in the future. But that's the challenge with every single one of these career schools. It's like taking off your lunch, you're starting an airplane, you're having a concert. It's the same kind of economics. You either need to sell all your seats, or are you going to run out a loss?
Starting point is 00:21:45 And he has solved that problem. Social media is the way they've done it, and you've got to figure out if you're going to own this, how are you going to replace that? So I did find it also, and I put the link in our chat. We're not going to docks it publicly. What's also interesting is I've discovered that they have a Mexico campus. There's a link on the website to check out our Mexico campus, and it looks like they run the same deal in Mexico. They have slightly different curriculum and the cost is different. But I'm guessing
Starting point is 00:22:15 what's happening here. And I actually, I'm going to pitch this is a good thing, that this guy wants to stop going back and forth to Idaho. He needs in Mexico and just wants to chill on the Mexico farm and not worry about Idaho anymore. I think this is actually potentially workable because if he stays in Mexico and keeps making all of the content and he continues doing all of this in Mexico, all you got to do is say you're going to post it on our pages too, and we will run the Idaho franchise, basically, but it's still we have to use your name, it's affiliated with you,
Starting point is 00:22:49 you've got to keep doing it in Mexico, et cetera, and we're going to continue to benefit from your halo and draft on that reputation. It's much worse if he just closes down, stops making content, and rides off in the sunset. But maybe that makes it work. Yeah, I think that does make it work. And I think maybe that's also why a low,
Starting point is 00:23:08 multiple makes sense here because you are dependent on him continuing to do that. If something happens to him, you know, you've got some risk. But if he was agreeable to that, this is, this is probably a very good deal for somebody. In Southern California, who loves horses? Somebody. And I'm pointing to somebody. And that's my, I guess that's my next question. Should somebody who isn't a horse lover get into this business? No, I don't think so because I think you really have to be able to talk the language and understand the kind of people you're marketing to. It's a very unique hobby and a career. This is a fairier school. To be a fairier, that's a very unique career path. I think you need to kind of understand all that and be a part of it. I mean, someone could probably
Starting point is 00:23:54 be okay successful without knowing any of that, but I think you'd be a lot more successful if you come from that background. So Heather, are you just saying that because you want to do the deal? You're doing biased. Without us. Without us. Yeah. You don't want to the audience to make it on front of this? I guess a non-horse person could do it.
Starting point is 00:24:13 So would you consider doing this? Yeah, I would consider doing this. Honestly, especially if you could not be there full time, because it sounds like it's pretty rural, you know, it would be a big change for a lot of people to live somewhere like that. And it doesn't even sound like it's a great, you know, like the house is not set up for you to live in. It's set up for the students to be there.
Starting point is 00:24:33 So if you could drop in, you know, part of the year and run it and have a place to live nearby, well, yeah, yeah, I would. Okay. I think this is has a very, very compelling argument to be the first deal that we do as host. This is much better that crappy deal you were telling me about before we started recording, Mills. Yeah, exactly. This is in the vein of worm farm. Is it not? Kind of, yeah.
Starting point is 00:24:58 I think this is even better than worm form. It's better. This is not, this isn't, I mean, worms aren't going anywhere either. This is not going anywhere, right? No. Like, yes, has the, has the TAM for, you know, for this service decreased? Absolutely over the last 200 years. Is it going to, is it going to decrease over the next 200?
Starting point is 00:25:17 Probably not. Like, there are certain services. There are certain things about this. They're just not going to change. I think the play is that we partner with the founder. He rolls some equity because he loves this. pursuing advanced degrees in Scotland for this. Like this person, they don't want to be out of the business.
Starting point is 00:25:36 They just want to be out of the business part of it. And you enable them to really focus on content, to take the headache off of their plate. I think a big part of the deal is they keep the real estate and you sign a market rate lease, which can't be that expensive. This is one of those cases where the rent relative to the real estate value is, you know, very disparate. and we could rent the property back from him. He continues to own it.
Starting point is 00:26:03 Maybe we have an option to buy it so that we don't lose the ability to operate the school there if we need it. And it probably doesn't, I don't think you ever double or triple this business, but that's fine. It's just a perpetual need. And I think that this is an awesome business. I really want to do it. Yeah, five years in, and you'd have a great return on investment. Yeah. This is a way to buy a horse farm in Idaho for free and expensive.
Starting point is 00:26:28 I mean, you can go there. You could be in SoCal seven or eight months a year. You go to Idaho in the summers, oversee the fair school, hang around with the horses, you pop up there for the weekend. You probably would need to expense a private plane, I would think, because it's kind of a wall area. Yes. Yeah.
Starting point is 00:26:46 And it's perfect. This is a lifestyle business. This is perfect. Weiso is barely taking any of your time, Heather. Right. It's on automatic pilot now. It's already passive. Yeah.
Starting point is 00:26:57 Yeah. Passive, totally. Wow. Yeah, this would be pretty cool. Pretty cool. There's a part of me kind of excited, but also going, what are you talking about, Heather? Stop. Total lifestyle change.
Starting point is 00:27:10 Yeah. Cam ball into it. Pretty cool. Just become a collated for. You can run Vizzo from anywhere from this three-story house that smells like horse. It sounds like heaven. It's right. That is heaven.
Starting point is 00:27:25 Wow. I don't know. This is Heather's Pizza Boat. This is my pizza boat. I love it. I haven't looked up the broker on this, but he's not touching his face. He's not wearing an odd hat or anything that is incriminating. He's got a shirt with buttons on.
Starting point is 00:27:43 Although I would excuse a cowboy hat in this case. Totally. Totally. On the broker. Yeah. Absolutely. But he looks, he looks local. You know, he covers all of Idaho.
Starting point is 00:27:54 And who's going to reach out to him? I know the brokerage. I definitely know the brokerage. I've done deals. You know, my clients have bought businesses from them. I don't know if that was, if it was him. But I'll reach out to him. Yes, do it, Heather. And then we can have, we'll all come visit you in Idaho. You'll come. I'm not saying I'll necessarily become. I'm dead serious. I'm dead serious. I really want to do this. I'm not joking. This isn't just about the content. I really want to do this deal and would absolutely write a check for it. I would too. I mean, yeah. I will bring a shovel and I will pick up horse manure. A rake, a rake, please. Wait, you don't use shovels with horse manure? You use like a pitchfork rake. See, this is why you're perfect for this deal.
Starting point is 00:28:41 I didn't even know that's how they pick up with a shovel and they'd be like, who's this noob? Who's this dork? I will write a check, but I won't do any of that stuff. I will write a check and come out there and enjoy the scenery and watch Michael's shovel shit. That sounds amazing. That's going to be our content channel. Michael Shevling Mnuer. That would be great.
Starting point is 00:29:02 Software entrepreneur, shovel, horse manure. Oh, boy. Oh, boy. All right. You guys want to rate this deal? I'll go first. I'm a double thumbs up for Heather to do this deal. Everybody else, I'm a thumbs down.
Starting point is 00:29:16 Don't do this deal. It's horrible. Me too. I like this. This is great. I mean, you've got to be into horses. If you're not into horses, They will see through you in 10 seconds.
Starting point is 00:29:27 You'll destroy the credibility of this school. Do not do that. But you've got to be a horse person, as Heather is. Yeah. Do it. If there is some way for the founder to stay on, I think this is probably one of the best deals that we've seen. I agree.
Starting point is 00:29:40 That's the key is the deal that we could cut with this founder. If that's solid, then this is a great deal for a horse person like me or another horse person. Yeah. I mean, he basically, this owner needs, he needs to franchise out the corporate store in Idaho is what he's trying to do, right? He's got a location in Mexico and a location in Idaho, and he's got to spin out the franchise in Idaho. So good. All right, everybody. Thanks for, oh, Heather, your three thumbs up.
Starting point is 00:30:10 How many thumbs up? Three, however many I can. Yeah. Four hooves up. Yeah, hoops. So, hey, I found out a fun fact. I was talking to the team yesterday. we get like 60 newsletter subscribers a week just organically.
Starting point is 00:30:26 Yeah. We plug it at the end of every episode. That's pretty awesome. You know, for those of you've tried to grow newsletters that aren't, you know, the gambling information or stock tips, like it's actually really hard to grow a newsletter. It's shocking we're getting that many people. So we'll keep plugging it. But if you guys are listening to this, we send a newsletter, it has the deals we're doing,
Starting point is 00:30:48 it has insights on them, subscribe on our website. website at Q-A-N-O-N-com, A-C-Q-U-A-N-O-N-com, and we would love to email you every week. And tell your friends about this episode, if you thought it was awesome. And yeah, I think that's it. Anything else we want to cover? That's it. I'm running for the phone.
Starting point is 00:31:08 And don't call the broker on this deal, because Heather's going on. Yeah, just wait for me. So actually, I think we could tag team on this tactically, Heather. After you start to talk to them, I'll come in, and I will start to talk to them, and I will be the worst buyer in history, and then I'll make you look really good. They'll be like, oh, Heather looks pretty good now. We will do all the mistakes that Bill has talked about on these episodes.
Starting point is 00:31:28 I will just do them all. I'll just do all the dumb mistakes. This is a good tactic. I like it. I got you. Yeah. Nice. All right.
Starting point is 00:31:35 We'll see everybody next week.

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