Episode
How to Acquire 25 Franchise Units in 2.5 Years
- Podcast
- Acquiring Minds
- Published
- Mar 30, 2026
- Duration seconds
- 6857
- Processing state
not_requested
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Summary
Jack Foster & Jake McLaughlin raised $2.8m to buy 10 Meineke stores. That equity has taken them further than expected. Register for the webinars: Offshore Talent vs. AI for Business Buyers - TOMORROW!! - https://bit.ly/4bAIbTj Quality of Technology (QoT) Report: Protecting Your Acquisition - Thu, Apr 2 - https://bit.ly/4rUHngL Topics in Jack and Jake’s interview: Childhood friends turned business partners Leaving Goldman Sachs, KKR, and Baird for entrepreneurship Why they chose the franchise roll-up model Consolidating units within the Meineke system Applying a first-principles approach to an unfamiliar industry Paying royalties as the price of product-market fit Technician recruiting advantages of a strong franchise brand Why they passed on car washes and quick lube The real timeline of the EV threat to auto repair Buying real estate and using sale-leasebacks for growth capital References and how to contact Jack and Jake: Jack Foster’s LinkedIn Jake McLaughlin’s LinkedIn Meineke Get a free review of your books & financial ops from System Six (a $500 value): Book a call with Tim or [email protected] and mention Acquiring Minds Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact [email protected] Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team Connect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter Edited by Anton Rohozov and produced by Pam Cameron