Acquiring Minds

Buying the Neighborhood Nursery (with $800k in Earnings)


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Rory Tyer bought the nursery where he'd been a loyal customer. Today it generates not just cash for him, but peace.

Topics in Rory’s interview:

  • Searching by driving around
  • Advantage of buying in a high-growth area
  • Buying a business his kids would be proud of
  • Getting a “screaming deal” on a garden center
  • Negotiating an unlisted deal
  • Explaining deal structure to a seller
  • Challenges of staffing a business with seasonality
  • Decision to stay closed on Sundays
  • Insurance costs tripling after acquisition
  • Gardening as the antidote to screen fatigue

References and how to contact Rory:

Get a free review of your books & financial ops from System Six (a $500 value):

Get $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th:

  • https://www.malaunchpad.com & enter code ACQUIRINGMINDS

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

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

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