Register here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)

• https://bit.ly/4538koZ

Stephen Quindlen & Paul Westhart have found powerful multipliers that could yield huge returns in an unlikely industry.

Topics in Stephen and Paul’s interview:

• Acquiring auto repair shops
• Retaining talent by adding employee benefits
• Fleet vs. passenger car business
• Almost losing a foreman on day one
• Why they love the Mountain West
• Recruiting California workers to Idaho
• Innovative real estate and business acquisition strategy
• Offering quality service and strong warranties
• Executing the SBA 504’s Green Loan strategy
• Limitations of the SBA 7(a) loan for roll-ups

References and how to contact Stephen and Paul:

• Stephen Quindlen - LinkedIn
• Paul Westhart - LinkedIn
• stephen.quindlen@bluewrench.com
• paul.westhart@bluewrench.com
• Blue Wrench

Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

• Smithlist - Operate & Lead a Business

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

• Matthias Smith of Pioneer Capital Advisory

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Register for the Self-Funded Search Conference, September 13th - 15th in Dallas:

• Self-Funded Search Conference

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Matt Drndak bought a parts business with a plan to grow it. It worked — he's doubled earnings. But it's taken patience.

Topics in Matt’s interview:

• Losing everything in the Great Recession
• His experience in franchises
• Buying an online store for construction equipment parts
• Leveraging service to stand out from competitors
• Determining the value of the inventory
• Serving customers with low computer literacy
• Non-mechanic buying a mechanical parts business
• Capturing the seller’s technical knowledge in YouTube videos
• Doubling revenue in 3 years
• Implementing EOS for future success

References and how to contact Matt:

• LinkedIn
• Twitter
• DHS Equipment

Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

• Smithlist - Operate & Lead a Business

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

• Contact mark@aspenhr.com or visit Aspen HR

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

• The Acquisition Lab

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Summary from Webflow: The first business Colin King bought was tiny & unpleasant but also the crucial first step to buying more & better ones.

Topics in Colin’s interview:

• Finding his first business (and business partner) on Craigslist
• Delivering auto parts in the middle of the night
• Buying a turnaround silk florals business
• When his clothing business doubled in revenue overnight
• Day-to-day logistics of running diverse businesses
• Acquiring remote businesses: bookkeeping and e-learning
• Importance of working capital in seasonal businesses
• Pros and cons of having a diverse portfolio of companies
• Asking advice for the future of his holdco
• Finding and managing talent across diverse businesses

References and how to contact Colin:

• LinkedIn
• Twitter
• colin@circlecitycapitalgroup.com
• Circle City Capital Group

Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

• Smithlist - Operate & Lead a Business

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

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