High Margin & Big Upside in Lice Treatment
Update: 2024-11-25
Description
Derek Croft bought a $1m SDE business with a national footprint in an unusual niche. Just don't call him The Lice King.
Topics in Derek’s interview:
- Leaving Bain to search for a business
- Acquiring LiceDoctors
- Why it’s good for a profitable business to be imperfect
- Personal satisfaction from helping customers
- Payroll emergency on day 2
- Competition in the lice removal industry
- High staff turnover despite good pay
- Speeding up their response time
- Raising public awareness of their service
- His goal to double in 5 years
References and how to contact Derek:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
