Acquiring Minds

Buying a Platform with an SBA Loan

Jan 22, 2026
Jacob VosWinkel, owner of Floors Galore, shares his transition from finance to acquisition entrepreneurship, detailing his successful purchase of a flooring business in Jacksonville. He discusses searching for opportunities in smaller markets, the importance of a diversified revenue mix, and his innovative approach to raising $1 million quickly from investors. Jacob highlights the growth strategies he's implemented, achieving a 50% growth rate in just two years, and reflects on the benefits and challenges of scaling in the flooring industry.
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ADVICE

Search Tertiary Markets Aggressively

  • Be geographically open and search tertiary markets to find better-priced, growable deals.
  • Use simple web-scraping and broad broker outreach to catch listings others miss and gain a timing advantage.
ADVICE

Automate Listing Alerts With A Scraper

  • Automate deal alerts beyond marketplace filters by hiring a low-cost scraper to catch listings same day.
  • Spend a few hundred dollars to gain a consistent competitive edge over passive alerts.
ANECDOTE

Bought A Builder-Heavy Flooring Store

  • The acquired flooring store was ~85% new-construction with some retail and a 30% customer concentration.
  • Jacob saw opportunity to diversify customers and expand geographically after purchase.
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