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Acquiring Minds
Trailer
Bonus
Episode 179
Season 1
Buy a Franchise Portfolio: How to Choose a Brand
AJ Wasserstein, Peter Mistretta & Mike Horowitz distill the selection of a franchise brand into 10 essential criteria.
Topics in today’s interview with A.J., Michael, and Peter:
Topics in today’s interview with A.J., Michael, and Peter:
- Why you should (and should not) buy into a franchise system
- Likelihood of becoming a billionaire, centi-millionaire, or deca-millionaire by acquiring franchise businesses
- The importance of defining what success looks like to you
- “Blind” evaluation of a franchise system
- How to evaluate a brand & system
- How to evaluate a franchisor
- Assessing demographics of existing franchisee base
- The importance of store-level economics
- Can you even break into the franchise system?
- “X factor” and unmasking a brand after your analysis
References and how to contact A.J., Michael, and Peter:
- A.J.: adam.wasserstein@yale.edu and all his case notes at Yale
- Michael Horowitz
- Peter Mistretta
- Case note this episode is based on: Ten Essential Questions to Consider When Selecting a Franchise Brand for a Search Fund Journey
- Related case note: Exploring Franchisees as a Post-MBA Entrepreneurial Path
- Roark Capital
- Wisconsin FDD Search
- Gregg Flynn of Flynn Restaurant Group
- Barry Dubin of KPB Brands, operator of 1,000+ KFC, Taco Bell, and Arby's restaurants.
Acquiring Minds episodes referred to:
- How to Build a Portfolio of 20 Franchise Locations (Michael Horowitz)
- How a $40k Acquisition Led to a Franchise Empire (James Temple)
- How to Roll Up Legacy Franchises (to $36m/yr) (Brian Beers)
- Opening Up to Franchises to Buy a Great Business (Doug Johns)
Connect with A-players who can run your business remotely:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter