ETA·BRAINa Katyella project

Acquiring Minds

Comfortable Concentration for a $800k SDE Business

Excerpts · 358 segments · ~1:23:12 long

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And do you get the impression that they're hit up by other door to door or people, People selling in person? Yeah. Is this, is this a feature of their day or week?

Because paint is, is but one of many things that they need to, to buy, so.

Correct. Yeah. Paint is probably the biggest expense I think for a body shop maybe, maybe aside from parts. But that's kind of all over the place, you know. You know you can have all different types of.

And that's a whole different business that sells auto parts. So it's like auto parts and then there's like the parts that the body shop consumes. But yeah, it's, it's, it's not uncommon for the owners to get hit up. So yes, in that regard, it's definitely a challenge.

All right, Phil. Well, we're wrapping up, but I have. I do have a few more kind of big picture questions I want to ask you, and I'll just start with how does it feel? How would you. How do you reflect now on your. How many months of ownership?

I think. Yeah, I think a lot of it is enjoying the ride. I think in many ways, it's everything that I thought it was going to be. You know, managing a small business.

I kind of had a feel from it. From real estate and working at this. This steel company. But I really. I. I love going in, you know, every day.

I'm probably working a little bit before the kids get up in the morning, and, you know, so I. I just really. I'm enjoying it. It's. It's been pretty much exactly what I thought I was buying in, in terms of sales and, you know, people. All of that, I think, has been very similar.

I think, you know, the part that I underestimated was, you know, these relationships with these customers, and. And I think that part maybe came very easy to the previous owner. I think managing them has. There's been some challenges there for me, you know.

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