Buying Businesses

Local services roll-up

Acquire multiple small local service businesses (HVAC, plumbing, landscaping) and roll them up under one operator.

Catalog synthesis

The idea, in plain language

Acquire multiple small local service businesses (HVAC, plumbing, landscading, cleaning, pressure washing, roofing, self-storage, modular/tiny-home rentals) and roll them up under one operator with shared back-office software. MFM dominates with Patrick Campbell's ProfitWell-from-$0-to-$200M SaaS-vs-quilting-industry frame, the A1 $300M/year blue-collar home-services playbook (call centre + dispatch + AI follow-up), Andrew Wilkinson's 38-businesses/$300M-portfolio model-selection lens (Tiny), Sam Rattner's 'blue-collar side hustles' arc, Nick Huber's Sweaty Startup holdco (cleaning/pressure washing/roofing/self-storage, 'tortoise always wins' / 'holdcos is overrated'), and Codie Sanchez's distressed-SMB-buying playbook (mailing centres, pack-and-ships). Koerner adds the ultra-short 'How To Start a Home Service Business in 3 Minutes' rundown. Customers are SMB owners looking to exit and home-services end-buyers; startup is capital-intensive (acquisition prices for service businesses start low but scale to seven figures for real roll-ups); cited revenue is $300M/year (A1), $200M+ ARR (ProfitWell), $300M portfolio (Wilkinson's Tiny), $40M exit at 18 months (Sam Rattner), $400K domain-burn cautionary tale (Huber).

Where the sources agree

  • The operator playbook compounds through shared back-office software - A1's AI call centre + dispatch + sales follow-up is the headline example; Wilkinson's 38-businesses thesis and Nick Huber's trades-led holdco both rely on shared software to scale.
  • Sweaty, unglamorous verticals (HVAC, plumbing, cleaning, roofing, quilting) are where the returns are - Patrick Campbell, Andrew Wilkinson, Nick Huber and Codie Sanchez all repeat the 'unsexy is underpriced' thesis.
  • Apply model-selection discipline before writing cheques - Wilkinson's model-by-model comparison (agencies, SaaS, restaurants, marketplaces, STR, real estate, fund management, local services) and Nick Huber's 'holdcos is overrated' argument both push towards picking the right bet rather than rolling up everything.
  • Deal structure matters - Nick Huber walks through deal mechanics, Codie Sanchez covers distressed-asset acquisition, and Patrick Campbell covers 'how to collect people' - capital is not the only lever.

Where they differ

  • MFM dominates with founder/system-level thinking (Campbell's SaaS blueprint, A1's $300M/year story, Wilkinson's 38-businesses meta-framework, Sam Rattner's exits, Huber's holdco); Koerner contributes only the 3-minute home-service rundown; Starter Story and Isenberg do not appear in this batch, so the lens is heavily MFM.
  • Monetisation/return shape varies from founder equity exits (Wilkinson, Rattner, ProfitWell), recurring SaaS at scale (ProfitWell's $200M ARR, the A1-style back-office software), capital appreciation on roll-ups (Huber, Codie Sanchez), and operating profits (the trades-led holdco).
  • Capital intensity is the consistent theme - acquisitions start at a few thousand dollars for micro-SMBs (Codie Sanchez) but scale into seven-figure deals for HVAC/plumbing (Huber, A1) and many failed bets along the way (Huber's $400K domain burn, Wilkinson's $10M lost).
  • Customer mix is consistently the home-services SMB end-buyer; the videos differ on whether the value capture is at the operating layer (A1, Huber's trades), the equity-stripping layer (Wilkinson, Codie) or the software layer (ProfitWell, A1's AI dispatch).

What each source says

MFMHow To Bootstrap A SaaS Company From $0 to $200M | ProfitWell Founder Patrick Campbell

Patrick Campbell's ProfitWell story supports using free tools or benchmarking products as acquisition wedges for a broader SaaS. In a local-services rollup, a useful calculator, benchmark, or workflow tool can build trust before a paid product or service is introduced.

Watch on YouTube
MFMWhat I Learned Building a $300M/Year Blue-Collar Business

Package an AI receptionist, missed-call recovery, dispatch board, and follow-up CRM for home-service operators using mobile-services-style booking and SMS infrastructure.

Watch on YouTube
MFMI Own 38 Businesses. Here's What Actually Makes Money.

Apply the model-selection lens to choose small software or productized-service bets around a website engine, a mobile-services platform, or a builder business instead of capital-heavy acquisitions.

Watch on YouTube
MFMMetaverse IRL, Bollywood Protein Powder & AI Gadgets That Suck (#507)

The MFM episode contrasts the Bollywood protein-powder idea with Constellation's vertical SaaS blueprint and several public-company observations. The local-services angle is to study durable vertical software economics rather than defaulting to a trendy consumer product.

Watch on YouTube
MFMHow to Buy Distressed Assets, How to Network with Codie Sanchez | My First Million Ep. #176

Video covers How to Buy Distressed Assets, How to Network with Codie Sanchez | My First Million Ep. #176.

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acquiring-minds$340k to $1.3m of Earnings in 14 Months | Robert Brooks Interview

Rob Brooks grew Gary Air from $1.9M to a $5M+ run rate and plans a $30M-$50M home-services platform, framing it as a future local services roll-up.

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acquiring-mindsRolling Up an Industry with 1.5x Multiples | Truc Nguyen Interview

Truc Nguyen describes rolling up an industry by buying multiple nail salons at 1x to 1.5x multiples. The episode covers evaluating the first salon, the SBA process, a second acquisition and turnaround, and standardization.

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acquiring-minds40 Schools to 130: The Roll-Up 2 Years Later | Jeff Homer Interview

Jeff Homer describes scaling Ensemble Performing Arts from a single $500K music school to more than 130 locations and over $100M in revenue, with digital marketing and middle management as key levers. He also discusses committed-capital vehicles financing the roll-up.

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MFMFrom College Dropout To 40 Million Dollars At Age 23

Video covers From College Dropout To 40 Million Dollars At Age 23.

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MFMThe Richest People I Know Do One Thing

Video covers The Richest People I Know Do One Thing.

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KoernerHow To Start a Home Service Business in 3 Minutes

Video covers How To Start a Home Service Business in 3 Minutes.

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acquiring-mindsSide Hustle Acquisition to $5m in Revenue | Brendan Guerin Interview

Brendan Guerin and three friends bought a Chicago-area dog daycare, reinvested roughly $200,000 in earnings, and rolled it into a six-location pet care company doing more than $5 million in revenue with over 100 employees.

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Noah KaganMeet The Billionaire that Works a Normal Job

Noah interviews Larry Janesky, founder of Basement Systems Inc. and Contractor Nation, a basement waterproofing and contracting empire reportedly worth over $1B. Larry recounts growing from framing houses at 18 to owning a portfolio of contracting companies.

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