Chris Edwards

Chris Edwards, former owner of Affordable Flooring, shares his remarkable journey of buying, growing, and exiting a business. He discusses the emotional and financial challenges he faced, including sleepless nights and fears after losing clients to a former employee. Highlighting significant revenue growth, he reveals how he transformed EBITDA from $500k to $1.1M and achieved a striking return on investment of $4 million. Chris also reflects on the unique dynamics of operating in a small, isolated town and his decision to sell for new opportunities.

Chris Edwards, a recent acquirer of a flooring business, shares his tumultuous journey through the first six months of ownership. He reflects on the challenges of high stress, integrating new systems, and the emotional toll of leadership transitions. Chris emphasizes the importance of being a 'shock absorber' for your team and the value of gradual change. Despite the hurdles, he projects optimistic profits of $750k this year, revealing the competitive edge that guided his acquisition in the booming flooring industry.

Chris Edwards, a successful entrepreneur who recently sold his thriving flooring business in Steamboat, Colorado, shares his journey of rapid growth, achieving a 50% revenue increase and doubling EBITDA in just 3.5 years. He discusses the challenges of financing an acquisition, navigating operational improvements, and key growth strategies. Chris reflects on the emotional transition post-sale and the resilience required in business ownership. His insights on effective processes and team management offer valuable lessons for aspiring entrepreneurs.