EPISODE · Nov 8, 2022 · 48 MIN
#2 From Corporate to Owner: How Matt Lentz Bought and Took Over a Business
from Create Brand NV
What does it really take to buy a business—and successfully take it over?In this episode, Nicole Alicea sits down with Matt Lentz, owner of The Roofing Company, who purchased an established business with zero prior experience in the roofing industry.Instead of building from scratch, Matt chose a different path—acquiring an existing company and learning how to lead it from day one.In this episode, you’ll learn:• How to evaluate a business before buying it• Creative financing strategies, including SBA and seller financing• What to look for when negotiating contracts and non-competes• How to take over a team and earn trust as a new leader• The challenges of transitioning ownership• How to grow and expand after acquisition (including adding new services like solar)Matt also shares the mindset that guides his decisions: doing the right thing for customers and employees—even when it’s not the most profitable short-term move.If you’ve ever considered buying a business instead of starting one, this episode gives you a real-world look at what that journey actually requires.Produced by David “Fingers” Bell and Nicole Valentin Alicea.
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What this episode covers
Listen in on my conversation with Matt Lentz, the new owner of The Roofing Company. This business was established by a completely different person and purchased by Matt, even though Matt had zero experience in the roofing industry. We'll discuss his process for evaluating businesses for sale, contract negotiations on non-compete clauses, and how he has stepped in and earned the organization's respect as their new leader.
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#2 From Corporate to Owner: How Matt Lentz Bought and Took Over a Business
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