Buying Franchises: A Primer for Searchers
Acquiring Minds
English - January 24, 2023 08:00 - 1 hour - 127 MB - ★★★★★ - 168 ratingsEntrepreneurship Business Investing entrepreneurship entrepreneur online business smb acquire acquisition Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Buying a $3m Course Business (Whose Founder is the Face)
Next Episode: How to Buy a Salon as an Industry Outsider (and Survive)
Twitter-famous Wolf of Franchises on why & how you should buy existing franchise businesses, including lots of examples.
Themes from the conversation with Wolf:
Pros/cons of acquiring an existing franchise businessWhy buy 1 franchise business (even if SDE is just $100k)Opportunity & perils of rolling up franchisesIf you can grow from 1 to 2 locations, magicHow to assess health of a franchise brandBreaking into mature franchises as an acquisition entrepreneur4 mature franchise brands Wolf likes (plus 1 he hates)Why to avoid food franchisesHow to gauge risk of new franchise brandsAvoid these 2 common mistakes made by franchiseesLinks & how to reach the Wolf:
How a $40k Acquisition Led to a Franchise Empire - interview with James Temple, multi-unit Mathnasium ownerMichael Horowitz (Wingstop multi-unit owner)Brian Beers (Midas multi-unit owner)Lucas Mitchell (Five Guys multi-unit owner)Wisconsin's franchise disclosure document (FDD) search@franchisewolfWolfOfFranchises.comGet complimentary due diligence on your acquisition's insurance & benefits program:
Oberle Risk Strategies - Search Fund TeamLearn 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