Buying the Neighborhood Nursery (with $800k in Earnings)

Register for the webinars:

• Due Diligence Office Hours - Thu Sept 19 - https://bit.ly/4d27MSA

• How Much to Budget for a Self-Funded Search - Fri Sept 20 - https://bit.ly/4gk4XPH

• Legal Office Hours (Deal Structure & Its Tax Implications) - Thu Sept 26 - https://bit.ly/3zl0H1w

• How to Hire an Operator to Replace Yourself - Fri Sept 27 - https://bit.ly/3TuzvEG

Rory Tyer bought the nursery where he'd been a loyal customer. Today it generates not just cash for him, but peace.

Topics in Rory’s interview:

• Searching by driving around
• Advantage of buying in a high-growth area
• Buying a business his kids would be proud of
• Getting a “screaming deal” on a garden center
• Negotiating an unlisted deal
• Explaining deal structure to a seller
• Challenges of staffing a business with seasonality
• Decision to stay closed on Sundays
• Insurance costs tripling after acquisition
• Gardening as the antidote to screen fatigue

References and how to contact Rory:

• Twitter
• LinkedIn
• rory@spnursery.com 
• South Pleasantburg Nursery

Get a free review of your books & financial ops from System Six (a $500 value):

• Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

Get $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th:

• https://www.malaunchpad.com & enter code ACQUIRINGMINDS

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

• Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

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