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by jcomis
768 days ago
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Yeah, it's wild. The guy who fixed my garage door recently told me he sold his small time, but well rated garage door repair company to a PE firm. They also bought all his rivals. I had gotten a few quotes and everyone wanted to do a full replacement for several thousand, insisting it was all junk. He fixed it in 20 minutes for $80 and was firm that everything was absolutely in great shape except for the small problem he fixed. The back end of all these companies is the same, some call center/scheduler that manages everything very cheap. They run the purchased companies as fronts and jack the prices and push for big replacement/upgrades until reviews dip. Then they dissolve the company into a generic regional company and sell that to a national like servicepro. |
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