Orlando, FL
$659,000
Orlando, FL
$659,000
Dallas County, TX
$300,000
$1,600,000
North Carolina
Cash Flow: $4,473,660
Albuquerque, NM
$3,185,000
Livermore, CA
$1,017,900
New York
$4,400,000
Fort Pierce, FL
$3,600,000
Illinois
$1,050,000
Colorado Springs, CO
$695,000
Missouri
$110,000
Henderson County, NC
$253,000
Navarro County, TX
$2,100,000
Thomasville, NC
$539,999
Smith County, TX
$1,300,000
Lee County, FL
$550,000
Eddy A. Dingman
National Acquisitions & Investment Group LLC
Serving Cook County, IL
National Acquisitions & Investment Group LLC is a middle market M&A Firm that specializes in the selling & buying of Specialty Businesses & Properties. We work with investors in building portfolios and the selling of portfolios or certain businesses & properties for individual sellers & buyers.
Wisconsin
$2,125,000
Palm Beach County, FL
$1,000,000
Minnesota
$950,000
Suffolk County, NY
$2,400,000
Albuquerque, TX
$229,899
Denver, CO
$350,000
Leander, TX
$5,500,000
Lorton, VA
$4,200,000
Tennessee
$1,200,000
San Diego, CA
$650,000
Connecticut
$479,000
Kentucky
$1,500,000
Winston-Salem, NC
$250,999
Flint, MI
$251,000
Milwaukee, WI
$250,999
Allen County, IN
$230,000
St Tammany County, LA
Tulsa, OK
$2,100,000
Los Angeles County, CA
$1,500,000
REAL ESTATE INCLUDED
Eastsound, WA
$845,000
REAL ESTATE INCLUDED
Arkansas
Cash Flow: $1,124,301
Jefferson County, AL
$3,600,000
Sacramento County, CA
$1,850,000
Georgia
$300,000
Jackson County, MS
$1,129,000
Washington
$1,400,000
REAL ESTATE INCLUDED
Anoka County, MN
$750,000
Collier County, FL
$382,000
G. Robert (Bob) Allen, CBI, M&AMI
Business Team
Serving Fresno County, CA
The Largest Business Brokerage Firm in the Western United States, with 16 offices in 5 states and over 7,500+ closed transactions since 1981
REAL ESTATE INCLUDED
Cash Flow: $952,660
Connecticut
$1,400,000
Port Saint Lucie, FL
$1,050,000
Illinois
$1,400,000
Phoenix, AZ
$350,000
Nassau County, NY
$750,000
The HVAC (Heating, Ventilation, and Air Conditioning) industry plays a critical role in maintaining comfort, health, and safety within residential, commercial, and industrial spaces. This sector encompasses the design, installation, maintenance, and repair of systems that regulate indoor environmental conditions.
The HVAC industry has experienced significant growth over recent decades, driven by rising construction activities, urbanization, and increasing awareness of energy efficiency.
If you are considering buying or selling an HVAC business, it is important to understand how these businesses are valued and how they typically perform financially. To provide some context, we have aggregated HVAC business for sale listings to surface average revenue and profit and derive valuation multiples.
Market Overview
Number of Businesses Analyzed |
361 |
Median Asking Price |
$649,950 |
Median Reported Revenue |
$1,035,546 |
Median Reported Earnings |
$232,307 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
HVAC Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.38 |
1.82 |
Median |
0.62 |
2.80 |
Upper Quartile |
0.90 |
3.76 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
HVAC Business Valuation: Multiples & Financial Benchmarks
FAQs
How much does it cost to buy an HVAC business?
Prices vary depending on the size of the business listed, but the median asking price for an HVAC business in the U.S. is $649,950.
How much do HVAC business owners earn?
HVAC business owners report median annual sales of $1,035,546 and annual owner earnings of $232,307. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value an HVAC business?
Valuing an HVAC business involves considering several factors, including annual sales, profit, growth (or decline) trends, and demographic trends of the local market. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples among HVAC businesses listed for sale in the U.S. range from 0.38 to 0.90, with the median at 0.62. Earnings multiples range from 1.82 to 3.76, with the median at 2.80. These values suggest a typical HVAC business in the U.S. may sell for around 0.62 times its annual revenue, and 2.8 times its annual owner’s earnings.
More for Business Buyers:
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