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 galleryHow his gallery brings in $1M in SDEThe ecommerce aspect of the galleryThe additional revenue stream of a frame shopOpportunities to improve the gallery websiteHis peer group that supported his searchChoosing a passion business over a “boring” oneForming a connection with the sellerUsing ROBS for acquisitionsNegotiating earnest money with the sellerReferences and how to contact Sean:[email protected] LevellFascination St. Fine ArtJeff BaughmanGuesswork InvestingConnect with A-players who can run your business remotely:More StaffingGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter