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Buy and 3x a Project-Based Business in Just 2 Years

Buy and 3x a Project-Based Business in Just 2 Years

FromAcquiring Minds


Buy and 3x a Project-Based Business in Just 2 Years

FromAcquiring Minds

ratings:
Length:
99 minutes
Released:
Oct 2, 2023
Format:
Podcast episode

Description

In 2021, Johannes Hock bought an artificial turf installer business doing $5m. It's on track to exceed $15m in 2023. Topics in Johannes’s interview:
Comparing opportunities in private equity vs search
Sources of deal flow beyond BizBuySell
Mapping multiples to months for better perspective
Acquiring an artificial turf company
The luxury of finding a business with a GM
How to value and finance a fast-growing business
Tracking data from day one of ownership
How weather affects his cash flow
Unexpected costs of sales commissions
Benefits of having a partner in search
References and how to contact Johannes:
LinkedIn
Twitter
DFW Turf Solutions
Buy Small Sell High
Get a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HR
 Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:
See past + future interviews on the YouTube channel 
Connect with host Will Smith on LinkedIn 
Follow Will on Twitter
Released:
Oct 2, 2023
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.