Acquiring Minds

Buy, Grow, Exit for a 24x Return in 3.5 Years


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Register for the webinars:

  • Legal Aspects of Debt Financing - Thu Feb 13 - https://bit.ly/414vOtc

  • Using a Sale-Leaseback to Buy a Business - Thu Feb 20 - https://bit.ly/42I4dPY

Former guest Chris Edwards has sold the $1.7m flooring business he bought with $200k of his own money and an SBA loan.

Topics in Chris’s interview:

  • Why he chose to sell his flooring business
  • Deciding not to rebrand
  • Owning and operating in a small, isolated town
  • A countertop acquisition that went south
  • How a holdco is different from running one business
  • Fetal positions and sleepless nights
  • Improving their customer service
  • Why he might build his next business from scratch
  • Losing clients to a former employee
  • Growing EBITDA from $500k to $1.1M

References and how to contact Chris:

  • Twitter
  • LinkedIn
  • [email protected]
  • Chris’s first appearance on Acquiring Minds: How to Survive Acquiring a $3.5m Flooring Business
  • Chris’s second appearance on Acquiring Minds: Would They Do It Again? 1 Year Later with 5 Early Guests

Download the New CEO’s Guide to Human Resources from Aspen HR:

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

  • Matthias Smith of Pioneer Capital Advisory

Get a complimentary IT audit of your target business:

Connect with Acquiring Minds:

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

Credits:

  • Produced by Pam Cameron
  • Edited by Anton Rohozov
...more
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Acquiring MindsBy Will Smith

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