In this video, Patrick Lange answers the question, “Is now the right time to sell your HVAC business?”. He explains how realities in the market make this an ideal time to sell your business IF you plan on exiting in the next 4-5 years.
- The SBA is offering to pay the first 6 months of a buyer’s principal and interest on loans. Also waiving guarantee fees.
- Coming soon – Increases in capital gains taxes (up to 40%) expected in a Biden administration.
- Record low-interest rates
- Private equity groups interested in the space due to the recurring revenue model of HVAC companies.
All this adds up to a perfect scenario for heating and air owners looking to sell their business. Even if you grow your company for another 3 years, you may not net as much money as you can today. Watch the video to discover why now is the right time to sell your HVAC business.
15-20 calls per day are coming into our office daily from buyers looking for HVAC companies to acquire.
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