Minnesota
$950,000

Minnesota
$950,000

Suffolk County, NY
$2,400,000
Rochester, NY
$229,899

Denver, CO
$350,000
Leander, TX
$5,500,000
San Diego, CA
$650,000
Connecticut
$479,000
Chattanooga, NC
$251,000
Springfield, CO
$251,000
Minnesota
$215,000
Augusta, GA
$251,000
Allen County, IN
$230,000
St Tammany County, LA
Not Disclosed
EBITDA: $243,000
Tulsa, OK
$2,100,000
Los Angeles County, CA
$1,500,000
REAL ESTATE INCLUDED
Eastsound, WA
$845,000
Tim Cunha, J.D.
an EvergreenGold Business Broker
Serving San Francisco County, CA
We Sell Businesses! The EvergreenGold Business Advisor team is an emerging network of independently-owned business intermediary professionals, providing business brokerage, M&A advice, business growth counseling, and related services. Our brokerage and M&A services successfully connect buyers and sellers of existing independent and franchise businesses. With more than five decades as an entrepreneurial manager, our CEO, managing broker, and senior advisor, Tim Cunha, J.D., has developed, owned, managed, and sold businesses in various fields, including computer hardware and software development and manufacturing, graphic art and engineering instrument manufacture, technical publishing, defense contracting, bio-tech/pharma, wholesale distribution, and retail. Prof. Cunha has a BA from Rutgers and a JD from Georgetown, is licensed to practice law in New Jersey, and is a licensed California real estate broker (BRE # 01919755). Prior to establishing this business brokerage, he taught undergraduate and MBA students on the faculty of the College of Business at Eastern New Mexico University and is currently on the adjunct faculty of a prestigious west coast graduate school. About the EvergreenGold name and logo ~ "Evergreen" denotes the value of a strong sustainable business — sturdy, solid, growing, thriving, and continuously producing profit … “ever green.” "Gold" signifies the intrinsic value of a successful business and the return of investment to the owner over the long term. The globe logo represents the international scope of our sales and marketing exposure, and the rising graph and arrow indicate our commitment to ever-increasing service and value production for our clients.
REAL ESTATE INCLUDED
Arkansas
Not Disclosed
Cash Flow: $1,124,301
Jefferson County, AL
$3,600,000
Sacramento County, CA
$1,850,000
Jackson County, MS
$1,129,000
Washington
$1,400,000
Collier County, FL
$382,000
REAL ESTATE INCLUDED
Not Disclosed
Cash Flow: $952,660
Connecticut
$1,400,000
Illinois
$1,400,000
Phoenix, AZ
$350,000
Nassau County, NY
$750,000
Illinois
$1,300,000
New York
Not Disclosed
Cash Flow: $327,000
Collier County, FL
$2,900,000
San Antonio, TX
$275,000
Wayne County, MI
$549,000
California
Not Disclosed
EBITDA: $255,849
Texas
$1,800,000
Tennessee
Not Disclosed
EBITDA: $548,000
Illinois
$1,200,000
Georgia
$995,000
Thousand Oaks, CA
$229,899
Anne Arundel County, MD
$295,000
Rochester, NY
$499,500
Wayne County, MI
$1,600,000
Forsyth County, NC
$900,000
Brentwood, MD
$40,000
Alberta, AB
$550,000
Alex Saad
Prime Business Advisor
Serving Cumberland County, PA
Prime Business Advisors Connecting People, Properties & Businesses to Build Generational Wealth. At Prime Business Advisors, we specialize in guiding entrepreneurs, investors, and business owners through every step of buying, selling, and growing businesses. With expertise in real estate, lending, and business brokerage, we provide strategic solutions that maximize value and create win-win opportunities. Our mission is simple: to connect the right people with the right opportunities, turning visions into profitable realities.
Maryland
$750,000
$40,000
Delaware
$1,865,000
REAL ESTATE INCLUDED
Iowa
$1,350,000
Massachusetts
$600,000
Massachusetts
$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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