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 location
• Is rolling up easier in a franchise system?
• Turning around underperforming franchise locations
• How to assess the risk of a franchise system
• 3 criticisms of franchises that MBA student always have
• Numbers behind his first acquisition
• Growing to 19 franchise locations in 13 years
• How a 19-unit franchise business is structured & operated
• Evaluating franchise opportunities from a risk-adjusted perspective
• Revenue range of Mathnasium franchises
• Mathnasium fees
• What 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 franchise

Links & how to reach James:

• Mathnasium
• FDD Exchange
• LinkedIn

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

• Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

Connect with Acquiring Minds:

• YouTube channel (easy access to all past + future interviews)
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter