• One Year Into a Garage Door Business with $350k SDE

  • Sep 19 2024
  • Length: 1 hr and 19 mins
  • Podcast

One Year Into a Garage Door Business with $350k SDE

  • Summary

  • Register for the webinars:

    • Due Diligence Office Hours - Thu Sept 19 - https://bit.ly/3B2oF29

    • How Much to Budget for a Self-Funded Search - Fri Sept 20 - https://bit.ly/4e4FWpV

    • Legal Office Hours (Deal Structure & Its Tax Implications) - Thu Sept 26 - https://bit.ly/4emLEn1

    • How to Hire an Operator to Replace Yourself - Fri Sept 27 - https://bit.ly/3ZrbCl1

    It was a revelation when Brittney Orellano heard about buying businesses. 6 months later, she'd done it herself.

    Topics in Brittney’s interview:

    • Running a property management business while acquiring
    • Winning over the employees after transition
    • Unexpected costs of maintaining equipment
    • Cashflow problems led to layoffs in off-season
    • Getting used to project-based revenue
    • Putting an extra out-of-pocket $30k into the business
    • Using local service ads on Google through slow season
    • Being inspired by Codie Sanchez and Tommy Mello
    • Comparing startups with acquired businesses
    • Owning and operating a business with her husband

    References and how to contact Brittney:

    • LinkedIn
    • brittney@rcgdg.com
    • Tommy Mello
    • Codie Sanchez

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

    • The Acquisition Lab

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

    • Contact mark@aspenhr.com or visit Aspen HR

    Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

    • Matthias Smith of Pioneer Capital Advisory

    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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