Sign up to save your podcasts
Or
Share The Ex-Private Equity Analysts Building a Meineke Empire (25+ locations)
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
The Ex-Private Equity Analysts Building a Meineke Empire (25+ locations)
Get in Contact
For multi-unit owners looking to sell their business: https://www.fdcapitalgroup.com/
Interested in buying a franchise? https://www.frandawgs.com/buy-a-franchise
Get in touch with the host: https://www.linkedin.com/in/patrick-buckley-%F0%9F%8C%AD-89539499/
Get in touch with Jack and Jake:
https://www.linkedin.com/in/jack-foster-098030a8/
https://www.linkedin.com/in/jake-mclaughlin-8a67a4126/
Description
Jack Foster and Jake McLaughlin left careers in investment banking and private equity to build one of the fastest-growing Meineke platforms in the country.
In this episode, we break down:
This is a rare, transparent look at what it actually takes to scale a blue-collar, brick-and-mortar business.
Timestamps
00:00 – Leaving investment banking & private equity for entrepreneurship
02:40 – How prepared were they really to own franchise locations
05:00 – Why they chose partnership instead of going solo
08:10 – Why franchising (and why auto services specifically)
10:20 – Why Meineke stood out vs other auto concepts
11:05 – Meineke unit economics & margins breakdown
13:45 – Why these margins surprised most people
15:00 – How they sourced their very first Meineke acquisition
17:40 – Paying cash vs SBA financing for early deals
18:55 – What makes a Meineke location a “deal killer”
21:00 – The importance of car count & rent discipline
23:10 – Hiring a COO who changed everything
26:00 – Why they moved into their markets after acquisitions
29:30 – Scaling from 5 to 25 locations without breaking operations
32:00 – Buying single stores vs large portfolios
35:10 – How relationships drive their acquisition pipeline
37:30 – What Jack & Jake actually work on day-to-day
40:00 – Are they enjoying the journey? (honest answer)
42:30 – Exit strategy and long-term vision
44:00 – What’s next beyond Meineke
View all episodes
By Patrick Buckley
5
1111 ratings
Get in Contact
For multi-unit owners looking to sell their business: https://www.fdcapitalgroup.com/
Interested in buying a franchise? https://www.frandawgs.com/buy-a-franchise
Get in touch with the host: https://www.linkedin.com/in/patrick-buckley-%F0%9F%8C%AD-89539499/
Get in touch with Jack and Jake:
https://www.linkedin.com/in/jack-foster-098030a8/
https://www.linkedin.com/in/jake-mclaughlin-8a67a4126/
Description
Jack Foster and Jake McLaughlin left careers in investment banking and private equity to build one of the fastest-growing Meineke platforms in the country.
In this episode, we break down:
This is a rare, transparent look at what it actually takes to scale a blue-collar, brick-and-mortar business.
Timestamps
00:00 – Leaving investment banking & private equity for entrepreneurship
02:40 – How prepared were they really to own franchise locations
05:00 – Why they chose partnership instead of going solo
08:10 – Why franchising (and why auto services specifically)
10:20 – Why Meineke stood out vs other auto concepts
11:05 – Meineke unit economics & margins breakdown
13:45 – Why these margins surprised most people
15:00 – How they sourced their very first Meineke acquisition
17:40 – Paying cash vs SBA financing for early deals
18:55 – What makes a Meineke location a “deal killer”
21:00 – The importance of car count & rent discipline
23:10 – Hiring a COO who changed everything
26:00 – Why they moved into their markets after acquisitions
29:30 – Scaling from 5 to 25 locations without breaking operations
32:00 – Buying single stores vs large portfolios
35:10 – How relationships drive their acquisition pipeline
37:30 – What Jack & Jake actually work on day-to-day
40:00 – Are they enjoying the journey? (honest answer)
42:30 – Exit strategy and long-term vision
44:00 – What’s next beyond Meineke
More shows like Empires
View all
The Joe Rogan Experience
229,660 Listeners
Odd Lots
1,989 Listeners
Invest Like the Best with Patrick O'Shaughnessy
2,346 Listeners
The ONE Thing
1,111 Listeners
The Compound and Friends
2,171 Listeners
Franchise Secrets Podcast
64 Listeners
My First Million
2,665 Listeners
The Shawn Ryan Show
46,411 Listeners
All-In with Chamath, Jason, Sacks & Friedberg
10,208 Listeners
Acquiring Minds
279 Listeners
Son of a Boy Dad
6,020 Listeners
The Tucker Carlson Show
17,126 Listeners
Prof G Markets
1,474 Listeners
Smart Franchising with Fransmart
11 Listeners
David Senra
228 Listeners