The Model Works: Reflections of a Plumbing Business Buyer

Doug Johns reflects on his balance sheet, lifestyle, and new identity as business owner after 9 quarters in the seat.

Topics in Doug’s interview:

• His wife's involvement in the business
• Working 60 hours a week
• His experience with ROBS structure and buyout
• Slowdown in home services industry
• Why he loves owning & operating
• When & why to raise your prices
• Moving to a small town in a metro area
• Integration of business into daily life
• Fierce competition in home services
• Great benefit of franchises: in-network peer groups

References and how to contact Doug:

• LinkedIn
• Doug John’s first appearance on Acquiring Minds: Opening Up to Franchises to Buy a Great Business

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