Business Buying Academy
Sieva Kozinsky takes a close look at buying businesses. Learn lessons directly from Sieva's friends, and entrepreneurs who have bought and sold multi-million dollar businesses in non-sexy industries.
Business Buying Academy
Building a $150 Million Auto Shop Empire - Logan Leslie
I chatted with Logan Leslie, CEO of Northern Rock. He owns dozens of automotive shops across the Southeast with more than $150 million + in annual revenue. Logan chatted with me about why he started a holding company, how he did his first deal, and dozens of other lessons from building his empire.
Here are some of my favorite parts:
3:53 A message from Vesto
4:55 Why start a holding company?
9:47 Why the automotive industry?
15:08 First acquisition lessons
24:02 How he funded his first deal
29:32 How to fund your second deal (and beyond)
39:46 Sale leasebacks
44:16 Keep the old owner of the business around?
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