15 May Acquiring Minds: How to Buy a Pool Cleaning Business and 4x Profits | Ben Bortner Interview
Ben Bortner went for broke as he looked for a business to buy — literally. Crashing with friends, accumulating debt, driving Uber, Ben was a vagabond searcher. But he did find a business to buy, and in a dream location for the avid fly-fisherman: Key West. It was a pool cleaning & maintenance business, and he would go on to grow it 2x top line and 4x bottom line over the next 3 years. He then exited, returning his investors 8x their money. At the end of the interview, we break down the typical structure of a self-funded search deal that raises money from investors. We go through that really slowly, so it’s a good tutorial if you don’t already know how that works.