Side Hustle Acquisition to $5m in Revenue
Brendan Guerin was 21 when he and 3 friends bought a dog daycare on the side. Today: 6 Midwest locations.
Register for the webinars:
- Debt Financing Your Deal (SBA & Independent Sponsor) - TOMORROW!! - https://bit.ly/4rRpQaY
- The Small Things That Sink First-Year Owners - Thu, Oct 15 - https://bit.ly/4idBtVx
Topics in Brendan’s interview:
- He bought his first doggy daycare at 21
- The first acquisition was a deliberate starter deal
- Four partners split ownership and responsibilities.
- The $1.1M deal included real estate
- EBITDA margins approached 50% before rent
- Buying real estate protects long-term business control
- Midwest real estate makes their model work
- Covid unexpectedly supercharged dog daycare demand
- Brendan eventually left finance to operate full-time
- Today, Argos spans six Midwest locations
References and how to contact Brendan:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron
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