Welcome to Acquisitions Anonymous!
In this retrospective episode, we take a deep dive into the unique business model of Smash My Trash. Our special guest, Connor Groce, a franchisee of Smash My Trash, joins us to break down the pros, cons, and surprising challenges of owning a franchise in the trash compaction industry. Discover what went right, what went wrong, and if this B2B sales-heavy model is right for you!
[Key Takeaways]
- Why Connor decided to buy an existing Smash My Trash territory
- The unexpected challenges of working with haulers and navigating B2B sales
- Insights on franchise maturity and risks for new franchisees
- Franchise Disclosure Document (FDD): what it is and what it reveals
[Sponsors]
Acquisition Lab:
Thinking about buying a business? Acquisition Lab, founded by Walker Deibel, author of Buy Then Build, offers a cohort-based educational community designed for serious business buyers. Learn more at AcquisitionLab.com or email Chelsea Wood directly at Chelsea@buythenbuild.com.
VISO Business Capital:
Need financing for a business acquisition? VISO Business Capital helps with SBA loans tailored for business acquisitions, offering over 30 different lenders to find you the best funding. Sign up for a free Q&A session at VisoCap.net, then click "Zoom Signup" at the top right.
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