Acquisitions Anonymous - #1 for business buying, selling and operating
Is the Smash My Trash Franchise Really Worth $2.9M? - Acquisitions Anonymous 311
Jul 2, 2024
Heather Endresen and Mills Snell evaluate a $2.9M Smash My Trash franchise, discussing numbers, technology, and worth. They analyze challenges in acquiring a franchise, working with lenders, and valuing a business. Debates include route density, proprietary technology, and market viability for potential buyers.
35:47
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Quick takeaways
- Consider the operational efficiency and growth potential when evaluating a franchise acquisition.
- Thoroughly assess the pricing strategy and financial feasibility of the franchise to determine its suitability for purchase.
Deep dives
Franchise Acquisition Discussion: Pros and Cons
The podcast delves into the pros and cons of acquiring a franchise business, particularly focusing on a trash compaction service in Las Vegas. It explores the challenges and benefits of franchise ownership, discussing the ease or difficulty of the first-time acquisition path. The episode highlights working with franchisors, the role of lenders in franchise deals, and the nuances of asset-intensive businesses.
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