2min chapter

Acquiring Minds cover image

Buying Franchises: A Primer for Searchers

Acquiring Minds

CHAPTER

Introduction

Acquiring Minds is a podcast about buying businesses. This week, Will Smith talks to the "Wolf of franchises" Wolf has deep expertise and network in the world of franchising. He also shares an update on the acquisition lab.

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Speaker 2
You've heard me cover more stories lately about acquisition entrepreneurs buying franchise businesses. In episode 93, I talked to Doug Johns about acquiring a Mr. Ruder franchise doing almost $2 million in EBITDA. In episode 98, I talked to James Temple about his journey buying and building 19 locations in the Matthmazium brand. Well, today's guest isn't an acquisition entrepreneur himself,
Speaker 3
but he has a deep expertise and network in
Speaker 2
the world of franchising. His pseudonym, which is how I'll refer to him, is the Wolf of franchises, or just Wolf. You've probably seen him on Twitter. I invited Wolf on acquiring minds to keep learning about the intersection of franchises in ETA, so acquiring an existing business of a franchise brand instead of the more traditional path of acquiring an independent business. As you'll hear, Wolf's expertise is in full effect,
Speaker 3
this conversation is a great primer for those of us still warming to the world of franchising.
Speaker 2
Enjoy this interview with the one and only Wolf of franchises. Welcome to Acquiring Minds, a podcast about buying businesses. My name is Will Smith. Acquiring an existing business is an awesome opportunity for many entrepreneurs, and on this podcast, I talk to the people who do it. I want to share an update on the acquisition lab. As you know, the lab is a highly vetted, cohort-based accelerator and community for people serious about buying a business. After going through the lab's month-long intensive,
Speaker 3
you have ongoing access to almost daily Q&A sessions with advisors, regular live deal reviews with Walker Dible, author of Bythen Build, potential deal team introductions,
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and a very active Slack group with other searchers on the path.

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