How a $40k Acquisition Led to a Franchise Empire

James Temple & his mother acquired a struggling Mathnasium franchise in 2009. Today, they do $7m across 19 locations. Topics in James' interview:Buying vs. starting a franchise locationIs rolling up easier in a franchise system?Turning around underperforming franchise locationsHow to assess the risk of a franchise system3 criticisms of franchises that MBA student always haveNumbers behind his first acquisitionGrowing to 19 franchise locations in 13 yearsHow a 19-unit franchise business is structured & operatedEvaluating franchise opportunities from a risk-adjusted perspectiveRevenue range of Mathnasium franchisesMathnasium feesWhat exactly do you get from a franchisor for the franchise fee?Passion and purpose — is it necessary?Franchise consultants (and how they are incentivized)How to start investigating opportunities if you're interested in a particular franchiseLinks & how to reach James:MathnasiumFDD ExchangeLinkedInGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:YouTube channel (easy access to all past + future interviews)Connect with host Will Smith on LinkedInFollow Will on Twitter

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