New Jersey
$699,000

New Jersey
$699,000
Florida
$1,195,000

Hillsborough County, FL
$1,250,000

Wisconsin
$2,000,000
St Lucie County, FL
$1,999,999
California
Not Disclosed
EBITDA: $309,000
Washington
$2,000,000
Jefferson City, MO
$800,000
Louisiana
$2,900,000
Passaic County, NJ
$1,600,000
San Diego, CA
$2,000,000
Chester County, PA
$1,295,000
Winston-Salem, NC
$250,000
$13,000,000
Atlanta, GA
Salt Lake County, UT
$420,000
Missouri
$475,000
Ron Webb
RE/MAX Lakeshore
Serving Ottawa County, MI
$24,000,000
Los Angeles, CA
$250,000
Denver, CO
$3,750,000
Philadelphia County, PA
$2,000,000
Augusta, ME
$903,000
Orange County, CA
$150,000
Montgomery County, OH
$275,000
York County, ME
$4,300,000
$595,000
Michigan Center, MI
Glendale, AZ
$229,899
Dallas, TX
$300,000
$25,000
Savannah, GA
$255,000
Montgomery County, TX
$350,000
Provo, UT
$265,000
Ada County, ID
$425,000
Kendall County, TX
$120,000
Nashville, TN
$375,000
Fort Myers, FL
$429,000
$2,000,000
Brooklyn, NY
Spring, TX
$244,900
Des Moines, IA
$229,900
Wisconsin
$1,500,000
REAL ESTATE INCLUDED
South Bend, IN
$1,075,000
Jupiter, FL
$1,699,999
Washington County, WI
$140,000
Pennsylvania
Not Disclosed
Cash Flow: $4,892,000
Boise, ID
$105,000
Dan Long
Cincinnati Business Brokers
Serving Hamilton County, OH
Cincinnati Business Brokers has had more successful business sales than any other Southwestern Ohio business broker. We have over 10,000 active buyers in our database that we market our businesses to, in addition to marketing our businesses on more than 10 websites. No other broker markets their businesses more confidentially and more thoroughly than we do. I have personally sold over 125 businesses and would enjoy meeting you, the seller, at my office or at your office, if you have confidential space available. I will take the time to get to know you and explain the entire process to you. I will gather your financials, review them, and give you a valuation - all of this at no charge. You are under no obligation to move forward. If you wish to move forward, there are no charges from us until you get paid at closing. We are highly motivated to sell your business at a price and to buyers that are satisfactory to you.
California
$599,000
California
$599,000
$640,000
Chicopee, MA
Suffolk County, NY
$2,000,000
Wake County, NC
$1,200,000
Baltimore, MD
Not Disclosed
Cash Flow: $255,000
Myrtle Beach, SC
$499,000
Hendersonville, NC
$79,000
Phoenix, AZ
$1,500,000
Not Disclosed
EBITDA: $715,000
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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