Andrew Harbin first bought an awning business, then bought a fencing franchise to keep his crew working through summer.
Topics in Andrew's interview:
- Should you buy a seasonal business?
- Buying a second business to offset seasonality of first business
- Twitter thread that opened his eyes to building wealth by buying a business
- Buying a business that is for sale by owner
- Revenue + SDE of the awning business he acquired
- Growth he's achieved in first years of ownership
- How the awning business works (revenue sources, staffing, org chart)
- Buying a $300-400k SDE business
- Why hiring temps for seasonal businesses is unappealing
- Fencing business: buying vs. starting from scratch vs. starting a franchise
- Pros/cons of franchises
- Big Jerry's fencing franchise
- Tips for entrepreneurs considering buying a fencing business
- Nature of stress in SMB vs. corporate
- Loneliness of being a small business owner
Links & how to reach Andrew:
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:
Andrew Harbin first bought an awning business, then bought a fencing franchise to keep his crew working through summer.
Topics in Andrew's interview:
- Should you buy a seasonal business?
- Buying a second business to offset seasonality of first business
- Twitter thread that opened his eyes to building wealth by buying a business
- Buying a business that is for sale by owner
- Revenue + SDE of the awning business he acquired
- Growth he's achieved in first years of ownership
- How the awning business works (revenue sources, staffing, org chart)
- Buying a $300-400k SDE business
- Why hiring temps for seasonal businesses is unappealing
- Fencing business: buying vs. starting from scratch vs. starting a franchise
- Pros/cons of franchises
- Big Jerry's fencing franchise
- Tips for entrepreneurs considering buying a fencing business
- Nature of stress in SMB vs. corporate
- Loneliness of being a small business owner
Links & how to reach Andrew:
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: