How to Buy a $20m Business as a First-Timer
Acquiring Minds · 2026-06-11 · 1h 31m
Episode notes
When Alan Turkus found a business with a mission, he knew he'd found the right fit for the final chapter of his career. Topics in Alan’s interview: Background in book publishing Post-MBA career in tech Taking a career break to raise his son From co-op cashier to co-CEO Seeking security through business ownership Acquiring a home health and hospice franchise Raising equity from search investors Retaining a little over 50% ownership Structuring with 2 forgivable seller notes The advantage of buying a bigger business References and how to contact Alan: LinkedIn Interim Healthcare of Twin Cities Elliott Edge on Acquiring Minds: 1 Business vs Many: Deciding to Roll Up Grant Hensel of Entrepreneurial Capital Jacob Hall of Kando Capital PROX Capital Group
More from Acquiring Minds
All episodes →- How to 4x EBITDA in 3 Years Without Growing Sales78 / 100
- Leaving $700s/Yr to Buy an Underperforming Printing Business80 / 100
- From Software to Concrete Cutting (and $1.4m of SDE)79 / 100
- Good Bones: Saving a $3m Business in Decline
- How to De-Risk the Personal Guarantee