Acquiring Minds

How a $40k Acquisition Led to a Franchise Empire


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James Temple & his mother acquired a struggling Mathnasium franchise in 2009. Today, they do $7m across 19 locations. 

Topics in James' interview:

  • Buying vs. starting a franchise location
  • Is rolling up easier in a franchise system?
  • Turning around underperforming franchise locations
  • How to assess the risk of a franchise system
  • 3 criticisms of franchises that MBA student always have
  • Numbers behind his first acquisition
  • Growing to 19 franchise locations in 13 years
  • How a 19-unit franchise business is structured & operated
  • Evaluating franchise opportunities from a risk-adjusted perspective
  • Revenue range of Mathnasium franchises
  • Mathnasium fees
  • What exactly do you get from a franchisor for the franchise fee?
  • Passion and purpose — is it necessary?
  • Franchise consultants (and how they are incentivized)
  • How to start investigating opportunities if you're interested in a particular franchise

Links & how to reach James:

  • Mathnasium
  • FDD Exchange
  • LinkedIn

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

  • Oberle Risk Strategies - Search Fund Team

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

  • The Acquisition Lab

Connect with Acquiring Minds:

  • YouTube channel (easy access to all past + future interviews)
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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