The Weird & Wonderful World of Vending
Jul 06, 2022•1 hr 47 min
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Episode description
Ujwal Velagapudi acquired a multimillion dollar vending empire with thousands of machines & 7 figures of cash flow.
Themes from Ujwal's interview:
- Big vending businesses vs. small
- Building a big vending business by acquiring small routes
- Economics of vending
- Logistics of vending
- Tiny acquisitions to build confidence & experience
- Differentiating yourself as a buyer on MicroAcquire
- Using phantom equity to hire general manager
- Benefiting from OnlyFans growth
- Working with a dishonest seller
- Buying an online business
- Buying an FBA business
- Buying a small gym
- Buying a historic neighborhood sports bar
- Buying downmarket commercial real estate
- Using Craigslist for acquisition of businesses & real estate
Reach Ujwal at:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Links & mentions:
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