Flower Power: Buying a Rose Distributor Primed for Growth
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Aug 09, 2022
Episode Duration |
01:27:09

Jason Cline left corporate at age 50 to buy a flower distribution business (in cash). SDE is up 3x after just one year. 

Topics in Jason's interview:

  • Pivoting from 20+ years in corporate to SMB ownership
  • 3 criteria for what business to buy
  • Buying a business in cash (no SBA loan)
  • The business of flower distribution
  • Selling to big retailers like 7-Eleven & Circle K
  • How to detect growth potential in a distribution business
  • 2 ways to retain drivers in distribution/route businesses
  • Distribution businesses are really car businesses
  • Scan-based trading
  • 2 key techniques Jason used to transition successfully into the business
  • Working "in" the business for the first 6 months
  • Testing changes
  • The numbers behind flower distribution
  • Ideal size of SDE for target business
  • What's more important than SDE
  • Jason's growth since acquisition and plans for expansion

Reach Jason at:

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

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

Jason Cline left corporate at age 50 to buy a flower distribution business (in cash). SDE is up 3x after just one year.

Jason Cline left corporate at age 50 to buy a flower distribution business (in cash). SDE is up 3x after just one year. 

Topics in Jason's interview:

  • Pivoting from 20+ years in corporate to SMB ownership
  • 3 criteria for what business to buy
  • Buying a business in cash (no SBA loan)
  • The business of flower distribution
  • Selling to big retailers like 7-Eleven & Circle K
  • How to detect growth potential in a distribution business
  • 2 ways to retain drivers in distribution/route businesses
  • Distribution businesses are really car businesses
  • Scan-based trading
  • 2 key techniques Jason used to transition successfully into the business
  • Working "in" the business for the first 6 months
  • Testing changes
  • The numbers behind flower distribution
  • Ideal size of SDE for target business
  • What's more important than SDE
  • Jason's growth since acquisition and plans for expansion

Reach Jason at:

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

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

This episode currently has no reviews.

Submit Review
This episode could use a review!

This episode could use a review! Have anything to say about it? Share your thoughts using the button below.

Submit Review