Key Points From the Interview
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.