In this episode of Acquisitions Anonymous, Mills, Heather and Bill reveal a fascinating deal: a 35-year-old online ticket brokering business with a unique twist. The company specializes in the secondary market for highly sought-after event tickets, bragging a devoted clientele and generating substantial revenue. However, the deal comes with its own set of challenges and risks. While the business offers lucrative opportunities, particularly with its affiliate program for travel agents, there are concerns about its transferability, dependence on speculative ticket purchases, and potential legal issues with ticket resale. We explore various angles, highlighting the pros and cons of acquiring such a business and offering insights into the complexities of evaluating and structuring deals in similar markets.

Check out the listing here: https://www.websiteclosers.com/businesses/35-year-online-ticket-brokering-company-secondary-marketplace-for-concert-sporting-event-theater-tickets-sba-pre-qualified-80-000-affiliates/109347/

Thanks to this episode's sponsor:

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Learn how to buy a business.
If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course.
You will learn:
• Build a thesis for the type of business that's right for you‍
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• Maximize your chances of finding great deals

Show Notes:

00:00 Intro

02:30 Heather's business trip

04:18 A Ticket brokering business

10:25 One-man business challenges

11:19 Dropshipping inventory

13:06 Speculation Business

16:47 Travel +events + Affiliates

18:49 Ins and Outs of the Business

22:14 Is this a Pre-qualified business?

24:56 How Mills would run this business

29:36 Final Thoughts

31:48 Thumbs up /Thumbs down

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Buying a $1Million Tickets Brokering Business Deal and Lifetime Masters Golf Tickets - Acquisitions Anonymous 290

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