Dallas County, TX
$300,000
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
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
Wisconsin
$2,125,000
Palm Beach County, FL
$1,000,000
Patrick McAdams
Murphy Business & Financial Services LLC
Serving Waukesha County, WI
Murphy Business is one of the largest and most successful business brokerage firms in the country with business brokers conveniently located throughout the United States and Canada. The Milwaukee – Waukesha (WI) office provides beneficial connections in Milwaukee and surrounding areas. Choosing to partner with a national business broker provides an advantageous reach of over one hundred offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations.
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
Wilmington, FL
$251,000
Flint, MI
$251,000
Madison, WI
$251,000
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
REAL ESTATE INCLUDED
Cash Flow: $952,660
Connecticut
$1,400,000
John Marin
IBR Group
Serving Orange County, FL
At IBR Group, Corp, we specialize in helping business owners sell and buyers find the right opportunities with confidence. We understand that every business is unique, and so is every transaction. That’s why we take a tailored approach to every deal, offering strategic guidance, clear communication, and hands-on support from start to finish. Whether you’re preparing to sell your business or looking to acquire one, we focus on making the process as smooth and efficient as possible. We handle everything from valuation and marketing to negotiations and closing, always with your goals in mind. Our mission is simple: deliver honest advice, expert execution, and successful outcomes for every client we serve.
Port Saint Lucie, FL
$1,050,000
Illinois
$1,400,000
Phoenix, AZ
$350,000
Nassau County, NY
$750,000
Illinois
$1,300,000
New York
Cash Flow: $327,000
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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