Key Points From the Interview
hen we think blue collar businesses, we think logistics, tools and trucks, route planning.
We think messy.
We think 10-20% net margins.
We don't generally think lean, or automated.
Well today's guest bought a blue collar business that seems to defy the stereotype.
Carley Mitus acquired a home inspection business doing about $800k in revenue, $380k in SDE.
So yes, great margins.
Now the business was very small, just 3ish inspectors.
So if it grows as she hopes, those margins will come down and the complexity will go up.
But what she has today is a business where orders come in, they're dispatched out by a remote scheduler, cash converts in a day, and she pays her inspectors by job, and quite well, all while generating thick margins.
That simplicity is one of the things that attracted her to the business.
And it made me wonder what other blue collar industries could operate on a such clean model, and how — and if — such a model scales.
See what you think.
Here she is, Carley Mitus, owner of Insight Home Inspection Services.
[00:00:00 - 00:02:30]
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