In this video, Patrick Lange explains what happens to maintenance agreements when selling a business? Who gets to keep the revenue collected if the visit hasn’t been done yet?
How are Maintenance Agreements Treated in an HVAC Business Sale
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About the Author: Patrick Lange
Patrick Lange is an experienced HVAC-specific business broker with Business Modification Group based in Horseshoe Beach, Florida. He has a unique background in financial planning and has even owned an HVAC business himself. This makes him well suited to working with some of the most successful HVAC business owners in the country. Specializing in companies with 1-10 million dollars in revenue, he maintains a network of buyers and sellers in the industry. He has sold more HVAC businesses than any other broker in the United States over the last three years and is currently the President of the Business Brokers of Florida (North Florida District.)
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