DiscoverAcquiring MindsTiming is Everything: Buying a $30m Tutoring Business
Timing is Everything: Buying a $30m Tutoring Business

Timing is Everything: Buying a $30m Tutoring Business

Update: 2025-11-03
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Description

Both buyer Jared Lenner and seller Dave Serwitz share their perspectives on the acquisition of a 20-year-old business.

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Topics in Jared & Dave’s interview:

  • Jared buying Dave’s tutoring business
  • Dave’s motivation to sell
  • Choosing to work with Search Fund Accelerator
  • Their agreement to “assume positive intent”
  • Why Dave didn’t sell to private equity
  • How the in-person business survived Covid
  • Bookkeeper quit right after transition
  • “Other people’s money is scarier than a PG”
  • Competing with AI in the future
  • How it feels to sell your company

References and how to contact Jared & Dave:

Get a free review of your books & financial ops from System Six (a $500 value):

Download the New CEO’s Guide to Human Resources from Aspen HR:

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Connect with Acquiring Minds:
See past + future interviews on the YouTube channel

Edited by Anton Rohozov
Produced by Pam Cameron

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Timing is Everything: Buying a $30m Tutoring Business

Timing is Everything: Buying a $30m Tutoring Business

Will Smith