Key Points From the Interview
ames Temple occasionally returns to his alma mater, UVA's Darden business school, to teach a class to the business school students about buying franchises.
And guess what: They're skeptical.
Maybe you are too.
I am...or at least, was.
As I hear more and more stories like James' today, I'm really starting to warm to the idea of buying a franchise.
James started in 2009, with a very modest investment alongside his mother.
Today he runs a 19-unit, $7m Mathnasium empire, with locations across Virginia and Maryland.
His story, like my recent guest Doug Johns who acquired the $9m Mr. Rooter franchise business, should make the skeptical among you sit up & pay attention when acquisition entrepreneurs start talking franchises.
Enjoy my conversation with James Temple, one of the top Mathnasium franchisees in the country:
August Felker is a 2-time successful searcher — first with a traditional search fund; the second time around, he did a self-funded search.
Today August runs Oberle Risk Strategies, an insurance firm with a dedicated practice group for searchers and acquisition entrepreneurs like you.
If you've got a business under LOI, Oberle will provide complimentary due diligence on that business's insurance and benefits program. A great, no-risk way to get to know August & team.
They love helping searchers; they've worked with hundreds. Oberle is a specialty insurance brokerage for searchers, by a former searcher.
Check out the Search Fund Team at Oberle.