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Alex Smereczniak

๐Ÿ‘ค Speaker
758 total appearances

Appearances Over Time

Podcast Appearances

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

um they loved what we were doing like look we'll be the bank we'll back you guys we don't typically do this but you have two and a half million of pickup and delivery volume that you're gonna bring to this location day one there is almost zero risk of you not paying us wow um so let's go do so they banked and financed all your machines yep

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

and some of the build-out, which they would never do, is because of how much volume we had.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

And they looked at this as, if we do right by them now, and this works, they're going to go open hundreds of these, and we want Electrolux equipment into these locations, not anyone else.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

So we ended up buying.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

You'll appreciate this as a real estate guy.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

I know you do more than that.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

In my heart, that's where I'm at.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

We, our first real estate deal for that laundromat was with McDonald's corporate.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

So I'm 25 negotiating with Chicago McDonald's Chicago office on, and I got fleeced of course.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

Can't put a restaurant into our spot for 20 years.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

Yeah.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

Yeah.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

Okay.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

And again, we had good mentors and support along the way.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

One of the guys that was personally guaranteeing some of the debt was started FastMed Urgent Care, one of the largest standalone urgent care businesses in the country.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

So he had done 400 different commercial businesses.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

Yeah, he's got it.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

So he's like, all right.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

And so they didn't know that he was doing this.

Escaping the Drift with John Gafford
From Startup to Franchise: What Actually Works with Alex Smereczniak

So they were like, who is this kid?