Our Story: Part 3

Transcript

Andy and Jessica want to share with the listeners the third part of the series that tells Transworld Business Advisors’ story, from its very beginnings, the process of growth, until today. Andy and Jessica are starting this episode going back to 2010, the time when Transworld became a franchise, based on the idea of partnership and transforming into a multinational company with hundreds of offices around the world.

Key Takeaways

[4:53] Deal of the week: Lonnie Woodruff (Central Oregon) sold a large absentee e-commerce business for $2.95 million. The buyer came from California and is in the tech world. It was a cash deal.

[6:49] Ray Titus and Bill Luce talk about what was going on in their lives before being introduced to Transworld back in 2009.

[7:26] Bill has always been intrigued by business brokers.

[10:01] The moment Ray, Bill, and Andy found out they were going to be the perfect partners.

[12:17] A unique partnership that complements each other very well.

[13:04] They decided Transworld was going to be the name.

[14:52] Did they expect the company to get as big as it is today?

[17:47] What were the milestones for Transworld that showed it was going to be a success?

[19:58] Transworld tried to lead a cultural change within the industry.

[23:23] How many clients is Transworld serving on an annual basis?

[26:15] Transworld grows with the success of each franchisee.

[27:18] Transworld is always looking to get better.

[28:26] What was the first country to be an international franchisee?

[29:01] Andy talks about his role throughout this growing process.

[34:31] What is next for the brand?

[39:50] Listing of the week: Robert Radanovich (Central Oregon) is selling a truck repair business that does heavy equipment and also has three additional revenue streams. The asking price is $2.95 million which comes with land.

[41:21] Listing of the week: George Albright (North Richland Hills Texas) is selling a farmer’s capital insurance agency; it has an SBA loan pre-approved. The asking price is $750,000.

Call us — (888) 719-9098

Email us [email protected]

Call Lonnie Woodruff at (541) 920-9026

Call Robert Radanovich at (559) 801-8233

Contact George Albright at [email protected]

Tweetables

“People who are attracted to Transworld tend to be top-notch people.” #thedealboard #transworldbusinessadvisors #ourstory

“When you put good people in business, they attract other good people, so before you know it you have a network of really great business people.” #thedealboard #transworldbusinessadvisors #ourstory

“At Transworld, we are always looking to improve the individuals and the brand.” #thedealboard #transworldbusinessadvisors #ourstory

Mentioned in This Episode

• The Deal Board Podcast
• Subscribe to The Deal Board Podcast YouTube Channel
• United Franchise Group
• Transworld Business Advisors
• Transworld on LinkedIn
• Transworld on Facebook
• Listen to Our Story Part 1
• Listen to Our Story Part 2