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Buying the Neighborhood Nursery (with $800k in Earnings)

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Manage episode 440148317 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Register for the webinars:

Rory Tyer bought the nursery where he'd been a loyal customer. Today it generates not just cash for him, but peace.

Topics in Rory’s interview:

  • Searching by driving around
  • Advantage of buying in a high-growth area
  • Buying a business his kids would be proud of
  • Getting a “screaming deal” on a garden center
  • Negotiating an unlisted deal
  • Explaining deal structure to a seller
  • Challenges of staffing a business with seasonality
  • Decision to stay closed on Sundays
  • Insurance costs tripling after acquisition
  • Gardening as the antidote to screen fatigue

References and how to contact Rory:

Get a free review of your books & financial ops from System Six (a $500 value):

Get $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

  continue reading

306 episodes

Artwork
iconShare
 
Manage episode 440148317 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Register for the webinars:

Rory Tyer bought the nursery where he'd been a loyal customer. Today it generates not just cash for him, but peace.

Topics in Rory’s interview:

  • Searching by driving around
  • Advantage of buying in a high-growth area
  • Buying a business his kids would be proud of
  • Getting a “screaming deal” on a garden center
  • Negotiating an unlisted deal
  • Explaining deal structure to a seller
  • Challenges of staffing a business with seasonality
  • Decision to stay closed on Sundays
  • Insurance costs tripling after acquisition
  • Gardening as the antidote to screen fatigue

References and how to contact Rory:

Get a free review of your books & financial ops from System Six (a $500 value):

Get $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

  continue reading

306 episodes

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