How to Buy, Scale, and Sell a Franchise for Millions – Insider Tips!
In this episode of The Path to Freedom Podcast, I sit down with Boris Katsnelson, Managing Director at Black Iron Advisors, to uncover the real playbook for franchise success. Boris shares his unique experience from buying, scaling, and selling franchises for millions to advising franchisors and multi-unit franchisees on successful exits.
If you’ve ever considered franchising or want to understand how top-performing franchisees build wealth, this episode is packed with insider knowledge and strategies you won’t want to miss.
What You’ll Learn in This Episode:
✅ How Boris went from investment banking to owning multiple franchise businesses
✅ The differences between emerging, mid-stage, and mature franchise brands
✅ Why following the franchise system is the #1 key to success
✅ How Boris acquired underperforming franchises and turned them around
✅ The role of culture and leadership in franchise growth
✅ What to consider when buying or selling a franchise
✅ Insights into the franchise resale market and exit strategies
Timestamps:
⏳ 00:00 - Welcome to the Path to Freedom Podcast
⏳ 00:14 - Introducing Boris Katsnelson and his franchise background
⏳ 03:34 - How Boris got into franchising and his first acquisition
⏳ 10:48 - Buying an underperforming College Hunks franchise & turning it around
⏳ 18:11 - The power of culture and leadership in franchising
⏳ 22:53 - Investing in Primrose Schools & the difference in mature franchise models
⏳ 32:39 - The importance of choosing the right type of franchise
⏳ 40:05 - Breaking down emerging, mid-stage, and mature franchises
⏳ 50:22 - How franchising accelerates wealth creation
⏳ 58:56 - Key takeaways: Follow the system, know your goals, plan for an exit
Resources & Links:
🔗 Connect with Boris Katsnelson on Linkedin:
https://www.linkedin.com/in/boriskatsnelson/
🔗 Learn more about Black Iron Advisors:
https://www.blackironadvisers.com/
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #Path2Frdm #BlackIronAdvisors