{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The SMB Deal Hunter Podcast","title":"From Tech CEO to a $400K/yr Franchise (in 11 Months)","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/386a7e69\"></iframe>","width":"100%","height":180,"duration":2157,"description":"Want help buying a business? https://smbdealhunter.link/pro-yt\nSubscribe to the SMB Deal Hunter newsletter (265,000+ subscribers): https://join.smbdealhunter.xyz/\nIn this episode, Chris breaks down why a tech CEO in his late 50s bought 2 territories of a hydraulic hose repair franchise, how he walked away from a $9M-a-year company at the 11th hour, and what it takes to launch a franchise from scratch.\n◼️ The 4 banks that backed out of that deal, and why he walked even after the price dropped by $2M\n◼️ Why he turned down 3 territories of a different franchise within 48 hours of visiting them\n◼️ How he checked a franchise's real numbers when it wasn't allowed to show him its financials\n◼️ What his $120K bought, and how it got him over the bar for an SBA loan\n◼️ His 10-year plan to grow from 2 territories to ideally 3 or 4, then renew or sell\nFollow Helen:\nTwitter: https://x.com/HelenGuo_\nLinkedIn: https://www.linkedin.com/in/helen-guo-06674523/","thumbnail_url":"https://img.transistorcdn.com/Ip8VYvVHcoJHaY9Kig3G0657tlc8W7tE_65VKMhQgKc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZGJh/YTEwNmZhZTcyYWJk/OWU0OGM3MDM2Mzcy/MmUxNy5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}