Businesses That Thrive Through the Pandemic

Transcript

In today’s episode, Andy and Jessica are talking about the businesses that are still doing great through the pandemic. Your hosts are bringing the experts who are delivering their insights in regards to industries such as the swimming pool, janitorial, and auto repair businesses that became three of the most benefited sectors in 2020. Listen to this episode to know what is still selling, but even more, which industries have been more profitable than there were before March 2020.

Key Takeaways

[2:20] Jessica addresses the booming in the construction and the swimming pool business during the pandemic.

[2:48] Andy talks about the opportunity that the janitorial business had because of the pandemic.

[3:39] The auto repair industry has seen a major increase due to the “staycations” and road trips people have started due to the restrictions for traveling abroad.

[6:24] Michael Shea talks about the booming of the pool industry.

[11:48] What is the worth of a swimming pool company?

[17:48] Deal of the week: Michael Shea sold a 50-year-old sign manufacturer at Orlando, listed at $145,000 and sold for $130,000 in the middle of a pandemic.

[21:23] John Woodhull from the janitorial and commercial cleaning services industry.

[21:45] John talks about his background.

[22:41] What are the type of services that the janitorial and commercial cleaning services provide?

[25:47] John talks about the trends in the commercial cleaning industry during the pandemic.

[28:40] Growing your business through acquisition.

[31:18] Suggestions for people considering entering the commercial cleaning industry.

[35:02] John shares how valuation looks right now for commercial cleaning services companies.

[37:54] Listing of the week: Chris “Chip” Redmond (Central Florida) is selling a seven-chair barbershop and two chairs in the back area set for tattooing. Listing Price: $20,000. The owner earned $34,000 last year.

[40:20] Aaron Fox (North Boston) is talking about auto body shops.

[42:31] Aaron talks about the intricacies of the auto body industry.

[45:16] Aaron explains why auto body shops really make a lot of money.

Mentioned in this Episode:

The Deal Board Podcast

United Franchise Group

Transworld Business Advisors

Transworld on Linkedin

Transworld on Facebook

Call us — (888) 711-9018

Email us [email protected]

Call Michael Shea at (321) 287-0349 or visit yourfloridabusinessbroker.com

Call John Woodhull at (720) 339- 7050 or email [email protected]

Contact Chip Redmund at (321)299-6867 or email [email protected]

Call Aaron Fox at (781) 773-8122

Mentioned in This Episode

• The Deal Board Podcast
• Transworld Business Advisors
• Transworld on LinkedIn
• Transworld on Facebook
• United Franchise Group