How to Buy a Seasonal Biz: Buy Another for Low Season

Andrew Harbin first bought an awning business, then bought a fencing franchise to keep his crew working through summer. 

Topics in Andrew's interview:

• Should you buy a seasonal business?
• Buying a second business to offset seasonality of first business
• Twitter thread that opened his eyes to building wealth by buying  a business
• Buying a business that is for sale by owner
• Revenue + SDE of the awning business he acquired
• Growth he's achieved in first years of ownership
• How the awning business works (revenue sources, staffing, org chart)
• Buying a $300-400k SDE business
• Why hiring temps for seasonal businesses is unappealing
• Fencing business: buying vs. starting from scratch vs. starting a franchise
• Pros/cons of franchises
• Big Jerry's fencing franchise
• Tips for entrepreneurs considering buying a fencing business
• Nature of stress in SMB vs. corporate
• Loneliness of being a small business owner

Links & how to reach Andrew:

• Twitter thread that turned Andrew on to buying a business
• Venango Awning
• Big Jerry's Fencing
• @ADHarbin

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• Oberle Risk Strategies - Search Fund Team

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