Podknife - How to Buy a Neighborhood Institution by Acquiring Minds

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How to Buy a Neighborhood Institution

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 |: Mar 02, 2023
Episode Duration |: 01:01:17

Andrew Sieve saw his life implode after COVID. Buying a highly profitable 40-year-old restaurant turned things around.

Topics in Andrew’s interview:

Andrew’s family history of owning and operating restaurants
Why he prefers smaller restaurants
The tragedies of 2020 that led to him exiting his family’s business
Moving from Minneapolis to Colorado to start over
How a chance meeting led to him buying a restaurant
How they achieved a smooth transition
What factors make restaurants difficult businesses
The risks in acquiring an institutional legacy restaurant
How he funded his acquisition through a community bank
His vision for the next 5 years

Links and how to contact Andrew:

Connect with A-players who can run your business remotely:

More Staffing

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

Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

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