Most first-time buyers take more than a year to close their first acquisition—and rushing the process is how people wash out.

In this episode of JackQuisitions, Jack welcomes back Chris Barr for a 1-year search update and a realistic breakdown of what it takes to buy a business the right way. They discuss why “perfect deals” don’t exist, how to choose the problems you’re willing to own, and why community-based sourcing can beat cold outreach.

Chris shares his hyper-local strategy in Palm Beach County through the Chamber of Commerce, Rotary Club, and nonprofit board work, plus what he’s seeing across tree service, fencing, landscaping, and other on-market opportunities.

You’ll learn:

• Why most deals take 12–18+ months
• How Chris is sourcing locally (and killing deals faster)
• What categories are heating up in 2026
• Why search communities matter more than ever

💼 Shoutout to Quick Staffers LLC

Need trained HVAC & plumbing CSRs at a fraction of the cost? Quick Staffers LLC specializes in placing top-tier global talent with the best SOPs and scripts.

🔥 Get $1,000 off your first placement here

💼 Special Thanks to First Internet Bank!

Looking to buy or expand a business? First Internet Bank is a National Preferred SBA lender specializing in acquisitions for the skilled trades. Their SBA loan program offers up to 90% financing for business acquisitions, partner buyouts, and commercial real estate—plus optional lines of credit to fuel future growth. Unlike traditional lenders, they take a “how can we” approach, making deals happen for both first-time buyers and experienced operators.

👉 Special Offer: Mention Owned and Operated for a reduced good faith deposit and a complimentary deal review + buyside prequalification.

Connect with Alan Peterson from First Internet Bank here

💼 Extra Special Thanks to Service Scalers!

We’ve been partnering with Service Scalers to maximize our Local Service Ads (LSAs) and optimize our Google My Business profiles, and the results have been incredible. With hundreds of thousands in sales and 900+ calls in a single week, GMBs are now our top-performing organic lead channel.
Want to learn how Service Scalers can do the same for you?

🔗Check Them Out Here

Connect

Jack Carr

Send us a text

Jackquisitions Newsletter — Your favorite source for how to buy small businesses. Real insights, smart strategies, zero gurus.

🖊️ Sign up HERE for more insights


📢 Enjoyed the episode?
✅ Like, Comment & Subscribe for weekly insights on business acquisitions, deal flow, marketing, and growth strategies!

📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.

In this episode of JackQuisitions, Jack welcomes back Alan Peterson (First Internet Bank) to break down the SBA SOP changes that are reshaping home service acquisitions in 2026—especially for buyers navigating licensing, seller equity, and deal structure.

Alan explains why the once-common “seller keeps 1–5%” strategy is fading, what’s replacing it, and why banks are forcing buyers to get serious about licensing before they ever sign an LOI. They also dig into why the buyer pool is smaller but higher-quality, what SOP updates are coming (and which ones just hit), and why electrical may be the next big home service category to scale.

What You’ll Learn

• The biggest SBA SOP changes buyers need to understand in 2026
• Why “seller retains 1–5% equity” deals are becoming harder to structure
• How licensing is changing deal flow in HVAC, plumbing, and electrical
• The best alternative structure: key employee on the buy-side

💼 Shoutout to Quick Staffers LLC

Need trained HVAC & plumbing CSRs at a fraction of the cost? Quick Staffers LLC specializes in placing top-tier global talent with the best SOPs and scripts.

🔥 Get $1,000 off your first placement here

💼 Special Thanks to First Internet Bank!

Looking to buy or expand a business? First Internet Bank is a National Preferred SBA lender specializing in acquisitions for the skilled trades. Their SBA loan program offers up to 90% financing for business acquisitions, partner buyouts, and commercial real estate—plus optional lines of credit to fuel future growth. Unlike traditional lenders, they take a “how can we” approach, making deals happen for both first-time buyers and experienced operators.

👉 Special Offer: Mention Owned and Operated for a reduced good faith deposit and a complimentary deal review + buyside prequalification.

Connect with Alan Peterson from First Internet Bank here

Connect

Jack Carr

Alan Peterson

Send us a text

Jackquisitions Newsletter — Your favorite source for how to buy small businesses. Real insights, smart strategies, zero gurus.

🖊️ Sign up HERE for more insights


📢 Enjoyed the episode?
✅ Like, Comment & Subscribe for weekly insights on business acquisitions, deal flow, marketing, and growth strategies!

📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.

In this episode of JackQuisitions, Jack sits down with Rand Larson, owner of Scale Path, to talk about the real reason so many operators struggle after closing their first deal: they’re doing it alone.

Rand shares the origin story of Scale Path—starting as an informal peer group called Trench Therapy—and how one conversation with an overwhelmed HVAC owner (who was staring down a brutal first year post-acquisition) revealed the biggest missing piece for new leaders: a room of other owners who actually get it.

They dig into what peer groups do best (practical, P&L-impacting advice) and what they’re secretly built for (that final 10%: the mental load, the isolation, and the pressure that comes with personal guarantees and leadership). Rand also breaks down the behind-the-scenes realities of building a community business: why some groups fail, why “industry fit” matters more than people think, and how trust becomes the true bottleneck as you scale.

The conversation goes deep on Scale Path’s acquisition (Rand “tucking” his community into a stronger brand), what makes community businesses hard to buy and sell, and the key safeguards to avoid member churn when the face of a network changes. Plus: why the second, third, and fourth acquisition often come easier than the first—and how to position yourself so brokers take you seriously faster.

If you’re navigating your first acquisition, running a home service business, or building a leadership network you can lean on—this episode will hit home.

🔍 What You’ll Learn

• Why new operators feel stuck after closing—and what actually fixes it
• The “90/10” rule of peer groups: P&L execution vs. therapy and pressure relief
• Why most peer groups fail when they mix business models (and how to structure them correctly)
• What makes community businesses risky acquisitions—and how to protect retention

💼 Special Thanks to First Internet Bank!

Looking to buy or expand a business? First Internet Bank is a National Preferred SBA lender specializing in acquisitions for the skilled trades. Their SBA loan program offers up to 90% financing for business acquisitions, partner buyouts, and commercial real estate—plus optional lines of credit to fuel future growth. Unlike traditional lenders, they take a “how can we” approach, making deals happen for both first-time buyers and experienced operators.

👉 Special Offer: Mention Owned and Operated for a reduced good faith deposit and a complimentary deal review + buyside prequalification.

Connect with Alan Peterson from First Internet Bank HERE

🔗 Connect

Jack Carr – https://www.x.com/thehvacjack
Rand Larson – https://www.linkedin.com/in/rand-larsen/

Send us a text

Jackquisitions Newsletter — Your favorite source for how to buy small businesses. Real insights, smart strategies, zero gurus.

🖊️ Sign up HERE for more insights


📢 Enjoyed the episode?
✅ Like, Comment & Subscribe for weekly insights on business acquisitions, deal flow, marketing, and growth strategies!

📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.