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Index/Finance/Acquiring Minds
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Buying Then Losing a $2.1m HVAC Business

Acquiring Minds · 2026-04-30 · 1h 53m

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Topics in this episode

online businesssmbacquireacquisition

Episode notes

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!! - 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 hello@systemsix.com 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

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  • How Education Founders Build Succession Plans that Scale Impact Beyond Themselves With Ryan SteuerThe Art of Succession · on acquisition87 / 100
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  • The Long-Term Value of Podcasting: How Nicole Spencer Built Trust That ScaledCashflow Podcasting · on online business49 / 100
  • The Future of AI and Business | How Artificial Intelligence Is Changing the WorldAI Business Daily · on online business

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