518: Buying an HVAC Business with Patrick Lange
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 29 April 2024
⏱️ 53 minutes
🧾️ Download transcript
Summary
How to buy an HVAC (Heating, Ventilation, and Air Conditioning) Business with business broker Patrick Lange.
Show Notes Page: https://www.thehowofbusiness.com/518-buying-hvac-business/
Patrick Lange is back on the show to share the latest in HVAC business ownership opportunities. He helps people buy and sell heating and air companies.
According to the Air Conditioning Contractors of America (ACCA): The U.S. HVAC services market is predicted to grow to $35.8 billion by 2030. This growth is partly fueled by the demand for energy efficiency, and booming construction.
Patrick Lange with Business Modification Group specializes in the sale and acquisition of heating and air companies. Patrick has been an entrepreneur his entire life buying, growing, and selling businesses in multiple industries, including owning a residential heating and air company.
Patrick is considered an expert in the field of business brokerage, having earned multiple awards for transactions and dollar volume of business sold.
Patrick decided several years ago to focus exclusively on heating and air companies after seeing a need for someone with specific knowledge of the industry as well as the ability to market these businesses in an effective manner to help his clients achieve predictable results. Since he made that transition, he has sold more heating and air companies than any other broker.
In addition to facilitating the sale of heating and air companies, Patrick also provides valuations for those who are interested in learning the current value of their business in the market as well as strategies to increase the potential selling price..
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Transcript
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| 0:00.0 | Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, run, and grow your small business. And now, here is your host. |
| 0:15.6 | Welcome to this episode of The How We Business. This is Henry Lopez. And I'd like to welcome back on the show, Patrick Lang. |
| 0:22.6 | Patrick, welcome back to the show. Thank you so much for having me. I'm excited to be here. |
| 0:26.7 | Yeah, Patrick is back to share even more information and insights on the HVAC business, the heating, |
| 0:34.5 | ventilation, and air conditioning business in which he has a lot of experience, |
| 0:38.5 | and he helps people buy and sell those types of businesses. |
| 0:42.8 | So if you're interested in that business, or maybe you have a business in that industry, |
| 0:47.5 | that you're looking to perhaps exit at some point, Patrick is the guy for you. |
| 0:52.8 | You know, according to the air conditioning contractors of America, the ACCA, in the U.S., |
| 0:59.2 | the HVAC services market is predicted to grow to over $35.8 billion by 2030. |
| 1:07.3 | And this growth is fueled by various factors, as we'll get into with Patrick, but some of it is, |
| 1:12.6 | you know, the demand for more energy efficient units and also booming construction. So that |
| 1:18.7 | need and that service, not to mention people needing the service, their existing units, |
| 1:24.4 | as you know, probably as a consumer, as a homeowner or someone who's had their AC service, |
| 1:30.3 | the demand is incredible. And there's really a lot of opportunities in this space in this industry. |
| 1:36.6 | And so we're going to get into that again on this episode. If you want to learn more about the |
| 1:41.1 | Howe Business, including the show notes page for this episode, and to learn more about my one-on-one and group coaching programs, just visit the howab business.com. |
| 1:50.7 | I also encourage you to please subscribe to my show wherever you might be listening, |
| 1:55.2 | so you don't miss any new episodes. |
| 1:58.1 | Let me tell you a little bit more about Patrick again. |
| 1:59.9 | Patrick Lang is with |
| 2:01.0 | Business Modification Group. Business Modification Group is the name of his company, and he specializes |
... |
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