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Acquiring Minds

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

93 min • 16 september 2024

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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:

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