ETA·BRAINa Katyella project

Acquiring Minds

Leaving $700s/Yr to Buy an Underperforming Printing Business

Excerpts · 322 segments · ~1:25:26 long

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What started as an accelerator has expanded into a complete ecosystem for acquisition entrepreneurs. Over six years, the lab's 1200 members have acquired over a billion dollars in businesses. The lab puts everything under one roof.

An active community deal Reviews post close. Services and a dedicated fund helping experienced operators buy larger businesses. If you're serious about buying a business, come see why lab members have a 40% success rate.

Learn more in the show notes or@accentlab.com. Acquiringminds okay, tell us about this printing business that you found. Yes.

So shortly after I parted ways with the aerospace seller and deal, I kind of went back to the drawing board and I remembered that a few weeks prior I was on a broker's email chain. I was sent a short, very brief sim, if you'd even call it that, on this printing business. And I remember there was something about it being highly automated and passive.

You know, you see that all the time in these sort of, sorts of marketing materials. But I took a closer look. At first I thought printing, why would I want to get into that industry?

That's, that is a dying, secular decline type of industry and product set. But I looked a little bit closer and it was large format printing. And from Aries, we actually had an investment in a printing and signage franchise concept called Fast Signs.

You've probably seen them, whether or not you've noticed it, you've driven by them before.

Um, and I was able to look around at some of the resources that we had internally, like some consultant marketing decks on the industry and Fast Signs, one of the major risks to their business was a shift to E commerce, which Printmoz, the core business is E commerce oriented, kind of like a small version of Vistaprint, but focused on larger format printing. So banners, signage, decals, window…

So that kind of, you know, made me perk up a little bit and get interest and want to dig in.

Okay, great. So to be clear, Dom, first of all, so Fast Signs is a franchisor, it's a, it's a big franchise system.

And it's, and it's brick and mortar. So you go into your local Fast Signs and order a assign. When you say E commerce focus, you mean the entire industry of printing and signage and large format printing is.

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