Leanware

How This Event Ticket Resale Business Generates $1.7M in Cash Flow

Discover the fascinating world of ticket resale as the hosts analyze a unique business generating $1.7 million in cash flow by selling concert and event tickets. Business Listing: https://www.bizbuysell.com/Business-Opportunity/saas-marketplace-entertainment-venue-tickets-in-house-tech-stack/2308898/ Sponsors: Leanware – Shoutout to Leanware for sponsoring this episode! If you need a trusted partner to handle the tech side of your business, check them out at leanware.co/aa. They bring your ideas to life so you can focus on growth! Viso Business Capital – Helping you secure the right SBA loans for business acquisitions. Sign up for a free SBA loan Q&A session at VisoCap.net. Website: https://www.acquanon.com/ Twitter: https://twitter.com/acquanon ✉️ Subscribe to our Newsletter and get more deals like this every week: https://www.acquanon.com/newsletter 🔔 Subscribe to Acquisitions Anonymous: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1 🎧 Listen to our full episodes on your favorite podcast platforms: https://www.acquanon.com/episodes In this episode, the team delves into a thriving ticket resale business with substantial cash flow and an intriguing operational history. They explore the impact of events like Covid-19 on its performance, scrutinize its resilience, and evaluate its potential for future growth. The discussion also highlights the benefits of leveraging SBA loans for business acquisitions and the importance of reliable tech partnerships for entrepreneurs. Key Highlights: - Overview of the ticket resale business model and its profitability. - Discussion of operational challenges during Covid-19. - Insights on evaluating a business's historical performance. - The role of SBA loans in financing business acquisitions. - How tech partnerships like Leanware can drive growth.