Episode
Buying Then Losing a $2.1m HVAC Business
- Podcast
- Acquiring Minds
- Published
- Apr 30, 2026
- Duration seconds
- 6801
- Processing state
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Summary
Dan Burnside thought he got a great deal on an $800k SDE business. Instead he'd bought bad faith and years of struggle. Register for the webinar: Add-Ons and Carve-Outs: How to Get Banks on Board - TODAY!! - https://bit.ly/4sO0MAt Topics in Dan’s interview: Buying in a small, rural area Discovering seller fraud after acquisition Key employee leaves and starts competing business Working to integrate himself into the community HVAC techs resisted technology changes Wife and kids unhappy in the new place Getting his Master Mechanical Contractor license Customers not paying their invoices Hiring challenges in rural areas Bankruptcy and his new AI venture References and how to contact Dan: LinkedIn Jan Roll on Acquiring Minds: 21 Months to Stability Buying a $1.2m SDE Business Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team Get a free review of your books & financial ops from System Six (a $500 value): Book a call with Tim or [email protected] and mention Acquiring Minds The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Connect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter Edited by Anton Rohozov and produced by Pam Cameron