17 Feb Acquiring Minds: How to Roll Up Legacy Franchises | Brian Beers Interview
Many entrepreneurs searching to buy a business skip the individual franchise locations because the SDE of those businesses is often small, like $100k per year. But Brian Beers explains the opportunity in acquiring a franchise location of that size: gaining a toehold in the franchise network and then acquiring more. The opportunity is mostly available in legacy franchise brands, where there may be a lot of existing franchisees looking to retire and open to highly seller-financed terms. Brian explains how to identify good roll-up franchise opportunities in your local market, deal structures, and opportunities with newer franchise systems. Brian and his brother own more than 30 locations of the Midas franchise that collectively do over $35 million per year in sales.
