The Appeal of Buying a Food Product Business
Pat Lazure explains why Flavor-Crisp, a food product business that uses co-packers, was such a great business to buy.
Topics in Pat’s interview:
- Doing a “spouse-funded” search
- Starting a shear-sharpening business while searching
- Growth, churn, & margins in his shear-sharpening business
- Why he wanted to buy a breading and batter mix company so badly
- Similarities between food businesses & dropshipping businesses
- The role of co-packers in the food industry
- Challenges & risks in his food business
- Psychology of having an SBA loan
- Reflections on owning 2 small businesses
- The value of BizBuySell’s Insight Report
References and how to contact Pat:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with A-players who can run your business remotely:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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