{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The SMB Deal Hunter Podcast","title":"How This 29-Year-Old Owns a $1.8M/yr HVAC Business (After Private Equity)","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/bb10873d\"></iframe>","width":"100%","height":180,"duration":3191,"description":"Want help buying a business? https://smbdealhunter.link/pro-yt\nSubscribe to the SMB Deal Hunter newsletter (265,000+ subscribers): https://join.smbdealhunter.xyz/\nIn this episode, Henry breaks down why he left real estate private equity at 29 to buy a 21-year-old HVAC company making about $1.8M a year in cash flow, how he won the deal without being the highest bidder, and what his first 2 months as an owner actually look like.\n◼️ The pitch that won over the seller, built around what was on the table over 6 months versus 6 years\n◼️ Why his $4.7M loan was too big to be simple for a government-backed small business loan and too small for most big banks, and what he'd do differently\n◼️ How he bought a business in a trade he can't get licensed in anytime soon, and the question every lender kept asking him\n◼️ Why maintenance plans that bring in just $175 to $350 a year are the key to making his company worth more\n◼️ The 2 things that mattered more to him than the industry, and the one kind of business he'd never buy\nFollow Helen:\nTwitter: https://x.com/HelenGuo_\nLinkedIn: https://www.linkedin.com/in/helen-guo-06674523/","thumbnail_url":"https://img.transistorcdn.com/Ip8VYvVHcoJHaY9Kig3G0657tlc8W7tE_65VKMhQgKc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZGJh/YTEwNmZhZTcyYWJk/OWU0OGM3MDM2Mzcy/MmUxNy5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}