1. EachPod

​​$1M in Year 1?! Why Franchises Crush Business Acquisitions | Colt Florence Reveals All

Author
lance graulich
Published
Fri 09 May 2025
Episode Link
https://eye-on-franchising.simplecast.com/episodes/1m-in-year-1-why-franchises-crush-business-acquisitions-colt-florence-reveals-all-19dJ3hv1

Ready to skip the struggle and build wealth FAST?
I sit down with Colt Florence, SVP of Franchise Development at Five Star Franchising, to reveal:

✅ Why buying an existing business can CRUSH your dreams (and wallet)
✅ How top franchisees hit $1M+ in revenue in YEAR ONE
✅ The secret sauce behind Five Star Bath Solutions & 1-800-PACKOUTS
✅ How to choose the right franchise for your goals (hint: it’s not about passion!)
✅ Why franchising = mastermind + playbook + proven profits
✅ Biggest rookie mistakes that derail new franchise owners
✅ Colt’s #1 success weapon: learning 2-4 business books per week

💰 Franchise investment ranges:

  • Five Star Bath Solutions: $300K–$500K (3-unit pack)
  • 1-800-PACKOUTS: $250K–$350K + warehouse setup

⏰ Timestamps:
00:00 Billion-dollar success intro
03:00 Franchise vs acquisition: what’s better?
09:00 Fast growth with Five Star Bath Solutions
13:00 Hidden gem: 1-800-PACKOUTS
19:00 Real franchise startup costs
23:00 How Five Star sets owners up for success
29:00 Top mistakes new franchisees make
35:00 Colt’s final advice for unstoppable growth

🔔 Don’t forget to like, subscribe, and hit the bell for more real franchising insights from the biggest names in the game.

Ready to explore franchise opportunities? Click the link below to schedule a call with me—my services are FREE!

https://www.zorakle.net/assessment/welcome/ionfranchising

Discover the true stories of the hustle, heart, and innovation fueling franchises across the globe : https://www.youtube.com/@FranchiseRoadTrip

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