Acquiring Minds

How a $40k Acquisition Led to a Franchise Empire


Listen Later

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
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

225 ratings


More shows like Acquiring Minds

View all
Built to Sell Radio by John Warrillow

Built to Sell Radio

207 Listeners

Founders by David Senra

Founders

1,774 Listeners

Noah Kagan Presents by Noah Kagan

Noah Kagan Presents

902 Listeners

M&A Science by Kison Patel

M&A Science

124 Listeners

The Fort by Chris Powers

The Fort

477 Listeners

My First Million by Hubspot Media

My First Million

2,601 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,725 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

243 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

30 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

338 Listeners

Action Academy | Replace The Job You Hate With A Life You Love by Brian Luebben

Action Academy | Replace The Job You Hate With A Life You Love

660 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

182 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

113 Listeners

Moneywise by Hampton

Moneywise

636 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

30 Listeners