Podknife - How a $40k Acquisition Led to a Franchise Empire by Acquiring Minds

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How a $40k Acquisition Led to a Franchise Empire

Podcast |: Acquiring Minds
Publisher |: Will Smith
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: Oct 11, 2022
Episode Duration |: 01:17:44

Description
iTunes Summary

James Temple & his mother acquired a struggling Mathnasium franchise in 2009. Today, they do $7m across 19 locations.

Topics in James' interview:

Buying vs. starting a franchise location
Is rolling up easier in a franchise system?
Turning around underperforming franchise locations
How to assess the risk of a franchise system
3 criticisms of franchises that MBA student always have
Numbers behind his first acquisition
Growing to 19 franchise locations in 13 years
How a 19-unit franchise business is structured & operated
Evaluating franchise opportunities from a risk-adjusted perspective
Revenue range of Mathnasium franchises
Mathnasium fees
What exactly do you get from a franchisor for the franchise fee?
Passion and purpose — is it necessary?
Franchise consultants (and how they are incentivized)
How to start investigating opportunities if you're interested in a particular franchise

Links & how to reach James:

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

Oberle Risk Strategies - Search Fund Team

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

The Acquisition Lab

Connect with Acquiring Minds:

YouTube channel (easy access to all past + future interviews)
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

James Temple & his mother acquired a struggling Mathnasium franchise in 2009. Today, they do $7m across 19 locations.

Topics in James' interview:

Buying vs. starting a franchise location
Is rolling up easier in a franchise system?
Turning around underperforming franchise locations
How to assess the risk of a franchise system
3 criticisms of franchises that MBA student always have
Numbers behind his first acquisition
Growing to 19 franchise locations in 13 years
How a 19-unit franchise business is structured & operated
Evaluating franchise opportunities from a risk-adjusted perspective
Revenue range of Mathnasium franchises
Mathnasium fees
What exactly do you get from a franchisor for the franchise fee?
Passion and purpose — is it necessary?
Franchise consultants (and how they are incentivized)
How to start investigating opportunities if you're interested in a particular franchise

Links & how to reach James:

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

Oberle Risk Strategies - Search Fund Team

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

The Acquisition Lab

Connect with Acquiring Minds:

YouTube channel (easy access to all past + future interviews)
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

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