Texas
$1,700,000
Texas
$1,700,000
Westchester County, NY
$299,900
Oklahoma
$950,000
Middlesex County, MA
$325,000
Ohio
Anchorage County, AK
$2,500,000
Michigan
$580,000
San Antonio, TX
$320,000
Butler County, PA
$179,000
Kokomo, IN
$200,000
Porter County, IN
$680,000
Craighead County, AR
$975,000
Birmingham, AL
$198,990
Portland, MA
$228,999
Boston, MA
$208,900
Cleveland, OH
$224,900
Ross Lefkowitz
Benjamin Ross Group
Serving Anne Arundel County, MD
The Benjamin Ross Group is the most experienced, professional and exclusive business sales, mergers and acquisition firm in the Mid-Atlantic Region. With over 30 years experience, the professional business brokers at Benjamin Ross Group are the experts. We represent well managed businesses, regardless of their size. When making a significant financial decision, you owe it to yourself to....Experience the Professional Difference. For more information, go to: www.BenjaminRossGroup.com
California
Baltimore County, MD
$1,600,000
Louisville, KY
$208,900
California
$599,000
Houston, TX
$224,900
Virginia
$495,000
Arcadia, FL
$427,000
Palm Beach County, FL
$1,100,000
E Baton Rouge County, LA
$350,000
Alabama
Cash Flow: $900,000
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.
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