- The Lawn Care Billionaire
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- $360k in debt....$0 in the Bank (Fixed in 24 Minutes)
$360k in debt....$0 in the Bank (Fixed in 24 Minutes)
This veteran-owned business seemed profitable, but a closer look revealed a $10K monthly debt. Watch as I break down the numbers on this turnaround.
Mike Andes
August 09, 2024
At first glance, this veteran owned junk removal business is making over $24K a year in profit, but after speaking to the owners I learned the full story. What the P&L doesn’t show, is the $10K monthly debt payments the owners have accumulated while scaling! I broke down the real numbers with the owners to see if we could grow out of this situation fast enough to turnaround their business.
PROBLEMS LIGHTWEIGHT DEBRIS REMOVAL IS FACING
❌ CRUSHING DEBT ❌ WRONG CUSTOMERS ❌ ASSET UTILIZATION
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