The Appeal of Franchise Buying: $1m EBITDA in 2 Years
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Register for the webinars: Legal Office Hours (Deal Structure & Its Tax Implications) - Thu Sept 26 - https://bit.ly/4grubvD How to Hire an Operator to Replace Yourself - Fri Sept 27 - https://bit.ly/3zgUbJrCorey Robinson bought 4 locations in the legacy franchise Batteries Plus. He quickly bought 8 more, growing to $10m/yr. Topics in Corey interview: Leaving the security of his corporate jobWhat he likes about Batteries PlusBuying an expansion location for $100k cashChanging the culture at one locationRemotely managing Texan teams from IowaAn HVAC acquisition that went poorlyWhat he learned about making big changesOperating an independent business compared to a franchiseThe toll it took to spread himself over multiple industriesHis current role as an investor in small business acquisitionsReferences and how to contact Corey: Webinar cited in the intro: How (and Why) to Choose a Franchise as an Acquisition EntrepreneurLinkedInInstagramBatteries PlusBrian Beers Acquiring Minds interviewWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryGet a complementary pre-acquisition HR & PEO review for your target business: Contact [email protected] or visit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with Acquiring Minds: See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
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