Acquiring Minds

How to 4x a Contracting Business in 3 Years


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Mike Heath bought a garage door installer from owners who didn't use email. He grew sales fast, but profits came harder.

Topics in Michael’s interview:

  • Passing on a commercial cleaning business
  • Acquiring a garage door business with silent partners
  • Installing an operator on day one
  • Messy, unkempt books from the seller
  • Hitting a cashflow crisis
  • Bringing in a consultant and keeping her on full-time
  • Paying off the SBA loan early
  • Doubling their gross margin
  • Splitting revenue across 3 partners
  • Acquiring 2 pool businesses

References and how to contact Michael:

  • LinkedIn
  • Stateline Products of Missouri
  • Florida Pool and Spa
  • Pool King Recreation

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

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

  • The Acquisition Lab

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

  • Matthias Smith of Pioneer Capital Advisory

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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