🌟 [ 26 ]   Buy, Grow, Exit for a 24x Return in 3.5 Years


( 3427 viewed : 74 like : 5 comments ) A guest from one of the earliest Acquiring Minds episodes has completed the cycle. Starting as a corporate refugee at age 30, Chris Edwards bought a flooring business in a small Colorado mountain town. Chris endured the exuberant highs and stomach-churning lows of business ownership for
three and a half years. Last year he decided to put the business back on the market, having doubled EBITDA and grown revenue 50%.
He found a buyer, sold it, and as of recording has
completed his transition commitments as seller. The journey with this business, his first, has officially come to a close. And today we hear all about it. Here he is, former owner of Affordable Flooring in Steamboat Springs, Colorado, Chris Edwards.

❤️ Enjoy this interview? SUBSCRIBE for more: [ 🔗 Click ‼️ ] Chris’s history at Affordable Flooring
00:04:50. Why he decided to sell the business
00:10:37. HIs doubts about hiring an operator
00:14:27. Who he sold to
00:21:20. The holdco fantasy
00:27:35. Speculation about the future
00:32:05. ROI and sale details
00:36:33. Hardest moments of ownership
00:44:45. Possibly starting a business next
00:50:11. Learning and operating the business

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Acquiring Minds is a podcast about buying businesses. Acquiring an existing business is an awesome opportunity for many entrepreneurs, and host Will Smith talks to the people who do it. New episodes 2x per week.

Credits:
Edited by Anton Rohozov
Produced by Pam Cameron

#business #acquisitions #buyingbusiness [ 2025-02-10T08:00:06Z ] :flashminiupdate:2025-10-22

:::: Visit my YouTube channel @ Original Cr. ( [ 🔗 Click ‼️ ] )


[26D] Buy, Grow, Exit for a 24x Return in 3.5 Years [ World ]




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