Acquiring Minds

The Appeal of Buying a Food Product Business


Listen Later

Pat Lazure explains why Flavor-Crisp, a food product business that uses co-packers, was such a great business to buy. 

Topics in Pat’s interview:

  • Doing a “spouse-funded” search
  • Starting a shear-sharpening business while searching
  • Growth, churn, & margins in his shear-sharpening business
  • Why he wanted to buy  a breading and batter mix company so badly
  • Similarities between food businesses & dropshipping businesses
  • The role of co-packers in the food industry
  • Challenges & risks in his food business
  • Psychology of having an SBA loan
  • Reflections on owning 2 small businesses
  • The value of BizBuySell’s Insight Report

References and how to contact Pat:

  • LinkedIn
  • Rock Paper Shears
  • Flavor-Crisp

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

  • The Acquisition Lab

Connect with A-players who can run your business remotely:

  • More Staffing

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • 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

242 ratings


More shows like Acquiring Minds

View all
Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,323 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

212 Listeners

Founders by David Senra

Founders

2,135 Listeners

M&A Science by Kison Patel

M&A Science

135 Listeners

The Sweaty Startup by Nick Huber

The Sweaty Startup

369 Listeners

POWERS by Chris Powers

POWERS

494 Listeners

My First Million by Hubspot Media

My First Million

2,636 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

14 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

247 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

32 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

353 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

206 Listeners

Moneywise by Hampton

Moneywise

650 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

225 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

39 Listeners