How to 4x a Contracting Business in 3 Years
Update: 2025-01-16
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Mike Heath bought a garage door installer from owners who didn't use email. He grew sales fast, but profits came harder.
Topics in Michael’s interview:
- Passing on a commercial cleaning business
- Acquiring a garage door business with silent partners
- Installing an operator on day one
- Messy, unkempt books from the seller
- Hitting a cashflow crisis
- Bringing in a consultant and keeping her on full-time
- Paying off the SBA loan early
- Doubling their gross margin
- Splitting revenue across 3 partners
- Acquiring 2 pool businesses
References and how to contact Michael:
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds
Learn more about Walker Deibel's done-with-you buy-side advisory:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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