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Submit ReviewThis is an encore episode of our original episode 24.
Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) are joined by John Wilson (@WilsonCompanies) as a special guest! We talk about the septic service business & pool services: Barriers of entry, payroll exposure, growth potentials, synergies, and much more!Deals:-$5mm pool services and lifeguard staffing co-$2mm septic services business
Show Notes:(0:00) Intro(1:20) John's current businesses(5:05) A lifeguard Staffing Co(8:03) Are those 2 businesses together?(9:55) Why are they selling?(10:58) What are the risks from the buyer's side?(14:59) The advantage of the staffing company & growth potential(21:28) A septic company for sale(23:47) What do we like? Growth opportunities?(25:41) How did you find this deal? What do you find valuable?(30:46) How are you structuring this deal?(31:53) How does the depreciation work with trucks?(32:49) What are your next steps when thinking about integration and synergies?(35:44) How do you consolidate a business when growth is flat?(37:33) Why are usually plumbing and septic companies bound together?-----
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