Twitter-famous Wolf of Franchises on why & how you should buy existing franchise businesses, including lots of examples. Themes from the conversation with Wolf:Pros/cons of acquiring an existing franchise businessWhy buy 1 franchise business (even if SDE is just $100k)Opportunity & perils of rolling up franchisesIf you can grow from 1 to 2 locations, magicHow to assess health of a franchise brandBreaking into mature franchises as an acquisition entrepreneur4 mature franchise brands Wolf likes (plus 1 he hates)Why to avoid food franchisesHow to gauge risk of new franchise brandsAvoid these 2 common mistakes made by franchiseesLinks & how to reach the Wolf:How a $40k Acquisition Led to a Franchise Empire - interview with James Temple, multi-unit Mathnasium ownerMichael Horowitz (Wingstop multi-unit owner)Brian Beers (Midas multi-unit owner)Lucas Mitchell (Five Guys multi-unit owner)Wisconsin's franchise disclosure document (FDD) search@franchisewolfWolfOfFranchises.comGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

Michael Horowitz, a savvy entrepreneur, transformed his career by acquiring and scaling 20 Wingstop locations before making a successful exit. He discusses the lucrative opportunities in franchise ownership and why it remains under-discussed among small business owners. Listeners will learn about the importance of choosing the right franchisor, the financial metrics that signal success, and insights on navigating franchise agreements. Horowitz also emphasizes the value of brand recognition and the benefits of structured support for first-time franchisees.

Michael Horowitz, who sold a roll-up of 20 Wingstop franchise locations, discusses the pros/cons of franchising, choosing a brand, debt usage, and challenges of managing multiple locations. He also shares insights on transitioning from finance to managing fast-food employees and the appeal of food franchises.