How to Sell a Plumbing Business: A Mr. Rooter Franchise Owner's Exit Story with Tony Perez - Ep. 50
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Tony Perez spent 17 years as a mechanical engineer in nuclear power. Then a franchise broker called while he was out fishing. On January 1, 2018, Tony and his wife Heidi bought a Mr. Rooter Plumbing franchise in the Twin Cities. They grew it to more than 50 employees and about 30% growth a year, then successfully sold it while not a single employee quit.
In this episode, Tony walks through the whole journey, from buying the business to growing it and selling it. His business broker, Scott Wiyninger, joins to share what happened behind the scenes of the sale.
Get the Most From Your Life's Work
You spent years building something that runs without you watching every job. Talk with a Sunbelt Business Advisors advisor about what your landscaping company is worth today and what a sale would net you after price, terms, and taxes.
