Acquiring Minds

Passion, Meet EBITDA: The Joy of Buying an Art Gallery


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Sean Moore looked at a handful of businesses, but a fine art gallery with over $1m SDE won the art collector's heart. 

Topics in Sean’s interview:

  • Pulling $1M out of his 401k to buy an art gallery
  • How his gallery brings in $1M in SDE
  • The ecommerce aspect of the gallery
  • The additional revenue stream of a frame shop
  • Opportunities to improve the gallery website
  • His peer group that supported his search
  • Choosing a passion business over a “boring” one
  • Forming a connection with the seller
  • Using ROBS for acquisitions
  • Negotiating earnest money with the seller

References and how to contact Sean:

  • LinkedIn
  • [email protected]
  • Josh Levell
  • Fascination St. Fine Art
  • Jeff Baughman
  • Guesswork Investing

Connect with A-players who can run your business remotely:

  • More Staffing

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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