Taking a Blue Collar Biz from $900k to $2.4m in Earnings
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Feb 12, 2024
Episode Duration |
01:34:12

Register here for the webinar, How to Raise Equity to Buy a Business

Adam Borcz bought & unlocked growth in a niche-y, 35-year-old blue collar business, almost tripling earnings in 4 years. 

Topics in Adam’s interview:

  • Adam’s experience working for a fundless sponsor
  • Pros & cons of having the federal government as a customer
  • Doubling his work force in a “tough labor market”
  • Why overhead doesn't need to scale with labor force
  • Doing nothing for the first six months as owner
  • Why he invests in traditional search funds
  • Personal risk and work involved in self-funded search
  • Being on the right side of the SBA loan
  • Tying profit sharing to gross profit
  • Adam's decision to hold the business indefinitely

References and how to contact Adam:

Get a complementary pre-acquisition HR & PEO review for your target business:

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

Connect with Acquiring Minds:

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