Mark Supperstone saw an advert in the Financial Times to buy a Bakery out of administration.

The Bakery had a £12 million turnover but was losing £200K a year.

Mark met the administrator at the Bakery on a Friday. He liked the business and made an offer on the spot. An offer that the administrator immediately accepted. So he bought a £12 million business in a day!

The turnaround to get the business to break even took a couple of months.

Mark and his team did a lot of advertising to drive sales.

9 months later, Mark sold the business for a huge profit.

That sounds like a simple success story. But...

Everything that could go wrong. Did go wrong with this deal.

What problems did they have?

And how did they get around them?

That's exactly what you'll discover in this podcast. 
Mark also reveals:

• How he de-risked the acquisition
• Where he found his next deal
• How he identifies value in a business
• What he looks for in a team to run the business day to day
• How Mark motivates the team running the business day to day

 

 

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Disclaimer: Nothing in this podcast should be construed as legal, financial, tax or business advice. The information is for entertainment only and you should always engage suitably qualified professional advisors. Jonathan Jay, the guest presenters and The Dealmaker's Academy Ltd do not take any responsibility for your actions and decisions as a result of this podcast.