Acquiring Minds How a $40k Acquisition Led to a Franchise Empire
Oct 11, 2022
James Temple, an entrepreneur who acquired a struggling Mathnasium franchise, discusses topics such as buying vs. starting a franchise, turning around underperforming locations, assessing franchise system risks, criticisms of franchises, the numbers behind his first acquisition, growing to 19 locations, evaluating franchise opportunities, revenue range and fees of Mathnasium franchises, passion and purpose in franchise ownership, franchise consultants, and how to start investigating opportunities.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 2min
Exploring the Path to Building a Mathnasium Empire
02:03 • 3min
Acquiring an Existing Location and Territory
05:33 • 8min
An Acquisition of a Small Underperforming Business
13:06 • 2min
From Acquisition to Profitability: Turning Around a Business
15:04 • 19min
Transitioning to an Investor Mindset and Remote Work During COVID-19
33:45 • 10min
The Benefits and Challenges of Franchising
44:10 • 24min
The Purpose of Mathnasium: Changing Trajectories in Math Education
01:08:15 • 10min