Key Points From the Interview
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.
The numbers, including the exact dollar amount he generated during his ownership & exit.
The aforementioned rollercoaster of owning a small business, and how toward the end of his tenure he found himself perpetually grumpy.
His reflections on buying a business vs. starting one from scratch.
And much more.
Chris provides a window into what the full journey of business acquisition can be, for better and worse.
For more context, also listen to his other two appearances, episodes 19 and 100, from 2021 and 2022, respectively:
- How to Survive Acquiring a $3.5m Flooring Business
- Would They Do It Again? 1 Year Later with 5 Early Guests
Here he is, former owner of Affordable Flooring in Steamboat Springs, Colorado, Chris Edwards.
