Buying the Neighborhood Nursery (with $800k in Earnings)

September 16, 2024
Listen in Apple Podcasts appListen in SpotifyListen in Apple Podcasts appListen in SpotifyRSS address of the Acquiring Minds podcast feed
N

ow I don't have a green thumb, but I think I would really enjoying owning the business of today's guest.

Rory Tyer bought a garden center.

He had been a customer of the nursery, and during his search to buy a business, he took a shot at reaching out to its owner.

Well fortunately for Rory, not only was the owner amenable to selling, he was a person of high integrity.

We spend time in the interview unpacking the communication between Rory and the seller, and while there was trust there, Rory still had to do a lot of education.

You know that this is one of the downsides of buying an un-listed business, where the seller hasn't had valuation or deal process explained to them by a broker. That is an awkward role for you as buyer to fill. So lots to learn from how Rory approached this.

And you're going to learn about the business of nurseries.

You may be surprised by how much cash — and peace — they can generate.

Please enjoy this interview with Rory Tyer, owner of South Pleasantburg Nursery in Greenville, South Carolina.

Read MoreStories

Buying the Neighborhood Nursery (with $800k in Earnings)

Rory Tyer bought the nursery where he'd been a loyal customer. Today it generates not just cash for him, but peace.

Key Takeaways

Introduction

Listen to the introduction from the host

ow I don't have a green thumb, but I think I would really enjoying owning the business of today's guest.

Rory Tyer bought a garden center.

He had been a customer of the nursery, and during his search to buy a business, he took a shot at reaching out to its owner.

Well fortunately for Rory, not only was the owner amenable to selling, he was a person of high integrity.

We spend time in the interview unpacking the communication between Rory and the seller, and while there was trust there, Rory still had to do a lot of education.

You know that this is one of the downsides of buying an un-listed business, where the seller hasn't had valuation or deal process explained to them by a broker. That is an awkward role for you as buyer to fill. So lots to learn from how Rory approached this.

And you're going to learn about the business of nurseries.

You may be surprised by how much cash — and peace — they can generate.

Please enjoy this interview with Rory Tyer, owner of South Pleasantburg Nursery in Greenville, South Carolina.

About

Rory Tyer

Rory Tyer
Olivia Rhye
Product Designer

Show Notes

Episode Transcript

Show Transcript
Hide Transcript

Listen instead of watch

Register for the live Q&A
Rory Tyer
on
<date>
Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our policies.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.