The Appeal of Franchise Buying: $1m EBITDA in 2 Years

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/3zgUbJr

Corey 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 job
• What he likes about Batteries Plus
• Buying an expansion location for $100k cash
• Changing the culture at one location
• Remotely managing Texan teams from Iowa
• An HVAC acquisition that went poorly
• What he learned about making big changes
• Operating an independent business compared to a franchise
• The toll it took to spread himself over multiple industries
• His current role as an investor in small business acquisitions

References and how to contact Corey:

• Webinar cited in the intro: How (and Why) to Choose a Franchise as an Acquisition Entrepreneur
• LinkedIn
• Instagram
• Batteries Plus
• Brian Beers Acquiring Minds interview

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

• Matthias Smith of Pioneer Capital Advisory

Get a complementary pre-acquisition HR & PEO review for your target business:

• Contact [email protected] or visit Aspen HR

Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter