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

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