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HVAC business for Sale

Similar businesses sell at 1.2x to 5.3x SDE. Compare live listings and connect with sellers.

North Georgia Commercial Refrigeration and HVAC Business photo
HVAC Businesses

North Georgia Commercial Refrigeration and HVAC Business

GA, US

Seven year old commercial hvac and refrigeration company serving the North Georgia Tri State Area ( GA, TN and NC ). Long term well trained staff, and extremely loyal customer base. Fantastic opportunity for someone to expand their commerical service business in this area. Using quickbooks for accounting and payroll is outsourced. No new construction exposure and 90% of revenue is from refrigeration service.

$600,000
$626,087Revenue
$205,645Cash Flow
Residential HVAC Company Serving Porter and LaPorte Counties photo
HVAC Businesses

Residential HVAC Company Serving Porter and LaPorte Counties

Porter County, IN, US

8-year-old HVAC business located in Northwest Indiana with a 4.9-star Google rating and 5.0-star Facebook rating. Year over year revenue and profit growth have followed their business model primarily focused on Residential and Light Commercial HVAC Replacement, Installation and Repair. They have a substantial number of clients on installation labor contracts with spring and fall tune-ups, which leads to additional service work. 98% residential No refrigeration No new construction

$1,100,000
$1,118,041Revenue
$369,073Cash Flow
Semi-Absentee SoCal Commercial HVAC 30+ Years $350K+ SDE Scale-Ready photo
HVAC Businesses

Semi-Absentee SoCal Commercial HVAC 30+ Years $350K+ SDE Scale-Ready

Los Angeles County, CA, US

80%+ Commercial, Quarterly PM, 3 FT + 1 PT Team, Lease till 2029 Acquire a rare, long-established SoCal commercial-focused HVAC service contractor with 30+ years of operating history, strong local reputation, and a built-in recurring service base. The business is primarily 80–90% commercial, supported by scheduled preventive maintenance (PM) cycles approximately every 3 months, which creates predictable workflow and repeat revenue without heavy marketing spend. The current owner is semi-absentee, working half-days and primarily handling administrative oversight, and has intentionally cut smaller/low-priority accounts due to health and lifestyle goals. The owner did little to no advertising, did not expand to farther cities, and still maintained strong demand and recognition — making this an exceptional platform for a buyer who wants to add basic outreach and scale. Importantly, the seller is committed to a smooth handoff and is willing to remain involved for up to five (5) months, a few hours per week, to introduce the buyer to key clients and help ensure a seamless transition of recurring maintenance accounts. Key Highlights • Asking Price: $1,100,000 • Revenue Mix: 80–90% commercial • Recurring Base: scheduled quarterly PM cycles • Owner Role: semi-absentee; admin/oversight only • Transition Support: seller available for up to 5 months, a few hours/week, for client introductions + smooth handoff • Team: 3 full-time technicians + 1 part-time; • Fleet Included (paid off): 2 trucks + 1 van • Tools/Equipment Included: all tools/equipment required for ongoing operations included in sale • Lease: ~$3,200/month, in place through end of 2029 • Buyer Fit: C-20 HVAC license or C-38 refrigeration license required Staffing & Operations This is a turnkey service operation supported by an established technician team: • 3 full-time techs + 1 part-time tech • Owner currently focuses on administrative functions, scheduling oversight, and general management — with limited day-to-day field involvement The company’s workflows, service routines, and recurring PM cadence are already established, allowing a qualified buyer to step in and run operations efficiently. Financial Notes (SDE / Cash Component) The business has historically received some cash payments that were not reported on the tax return and are considered cash income by the seller: • 2024: ~$34,000 cash • 2025: ~$89,000 cash (owner estimate; tax return not yet finalized) Note: Buyer and buyer’s lender should perform independent verification and diligence. For financing purposes, some lenders may exclude unreported cash income from underwriting unless well documented. Buyer Requirements: • Best fit is an operator with HVAC industry experience • C-20 HVAC contractor license or C-38 refrigeration license required • Proof of funds / financing capability required prior to release of sensitive information and detailed diligence materials

$1,100,000
$900,000Revenue
$350,000Cash Flow
Prime HVAC Business in High-Demand Gulf Coast Market photo
Electrical & Mechanical
+1

Prime HVAC Business in High-Demand Gulf Coast Market

Baldwin County, AL, US

This is a rare opportunity to acquire a thriving, owner-operated HVAC company strategically located near Alabama's Gulf Coast—one of the most favorable HVAC markets in the United States. With extended summers, high year-round humidity, and consistent temperatures requiring near-constant climate control, this region generates exceptional demand for both service and replacement work. Why This Business Stands Out: Explosive Growth: Revenue growth exceeding 115% over three years Exceptional Profitability: Profit margins 2-3x industry average Strong Cash Flow: Six-figure annual Seller's Discretionary Earnings Clean Legal Status: No liens, no litigation, all licenses current Outstanding Reputation: 5-star reviews and strong referral network Turnkey Operation: Established systems, suppliers, and customer base Recurring Revenue: Active maintenance plan program Growth Ready: Multiple identified expansion opportunities Climate-driven demand: The Gulf Coast's subtropical conditions create 9+ months of cooling season and continuous dehumidification needs, driving recurring revenue Available transition support to ensure seamless handover This is a voluntary sale by an owner pursuing other ventures—not a distressed situation. The business is healthy, profitable, and positioned for continued growth under new ownership. Perfect for an experienced HVAC professional or investor looking to enter one of the country's most resilient HVAC markets.

$1,200,000
$737,858Revenue
$375,889Cash Flow
Established! 38+Years! Service Business - Cooler/HVAC-  photo
HVAC Businesses
Plumbing
+1

Established! 38+Years! Service Business - Cooler/HVAC-

Riverside County, CA, US

For nearly forty years, this firm has been the go-to provider of evaporative cooling systems in the Coachella Valley by offering unparalleled sales, installation, and service. As the owner prepares for a well-deserved retirement, this highly profitable business with a stellar 5-star reputation and a robust online presence is ready for a new owner. This is a golden opportunity for the right individual to step into a thriving enterprise that’s already pre-qualified for SBA acquisition funding. With a solid foundation and a proven business model, you'll start seeing profits from day one. The business enjoys a steady stream of booked and scheduled daily calls, ensuring a manageable and predictable workload. Currently managed by the owner and two skilled technicians, this operation is seamless and efficient. Don't miss your chance to take over this well-established and respected business. For more details on this exciting opportunity, complete the "Contact Form" with your name and email to receive an NDA. Reach out today!

$150,000
$468,470Revenue
$162,350Cash Flow
HVAC, Plumbing, Electrical & Fiber Optics Contractor photo
Electrical & Mechanical
+3

HVAC, Plumbing, Electrical & Fiber Optics Contractor

ID, US

This multi-trade contractor has operated for more than five decades and is the dominant provider of HVAC, plumbing, electrical, fiber-optic installation, and excavation services within its region. The company serves a diverse mix of residential, commercial, government, and industrial clients, supported by a strong reputation, long-term customer relationships, and a skilled, multi-licensed workforce. The business maintains a unique competitive advantage due to its fully integrated service offering—allowing it to take on projects few competitors can perform. Recurring contract work, exceptional bid-win rates, and a customer base of 5,500+ accounts contribute to stable year-round demand and strong cash flow. Ideal Buyer: Strategic acquirers, private equity groups, or established regional contractors seeking expansion, operational scale, recurring revenue, and strong market positioning in a high-growth, essential-services industry.

$20,100,000
$9,600,000Revenue
$3,400,000Cash Flow
Residential Heating and Air serving Myrtle Beach photo
HVAC Businesses

Residential Heating and Air serving Myrtle Beach

Myrtle Beach, SC, US

Fantastic opportunity for someone looking to get into the industry, or grow their current one in the Myrtle Beach area. They are 90% residential, 10% commercial with no new construction or refrigeration. They have 95 maintenance agreements in place, 280 active customers in their database, and use QuickBooks as their accounting software.

$100,000
$146,826Revenue
$54,846Cash Flow
Residential HVAC Serving Oklahoma City photo
HVAC Businesses

Residential HVAC Serving Oklahoma City

Oklahoma City, OK, US

Amazing opportunity to own a residential HVAC company servicing the OKC Metro area. They are 70% residential, 30% commercial with no new construction or refrigeration. They have 129 residential, 7 commercial maintenance agreements in place. They have flat rate pricing in place, a CRM, and around 2,000 active customers in their database.

$550,000
$576,734Revenue
$171,209Cash Flow
Commercial HVAC Company photo
HVAC Businesses

Commercial HVAC Company

UT, US

The company is a commercial HVAC service that provides fast and reliable service to long term clients. They specialize in preventative maintenance contracts (30+ current contracts) with building owners that include tune-ups, diagnostics, checking, fixing, and replacing filters, belts, freon, and more. Another major service provided is the installation and maintenance of Alerton brand DDC (Direct Digital Control) HVAC systems. Various other projects are added to their workload throughout the year when needed. The company has a very reliable base of revenue and has grown steadily since 2014 with 2021 being a down year due to a hold on new projects starting in 2020 related to Covid restrictions. Revenues are directly related to current relationships with building owners. There is no budget for marketing or advertising as it is not necessary. The ideal new owners should have extensive experience in HVAC and all related licenses necessary to do work in the state of Utah. Established HVAC companies looking to grow through acquiring maintenance contracts would be a good fit.

$955,000
$1,161,953Revenue
$261,498Cash Flow
Exclusive Opportunity: Scalable HVAC & Trades Platform in Coastal NC photo
HVAC Businesses

Exclusive Opportunity: Scalable HVAC & Trades Platform in Coastal NC

NC, US

Well‑established HVAC and trades company servicing the fast‑growing coastal region of Southeastern North Carolina. The company delivers full‑service HVAC, electrical, and plumbing solutions to both residential and commercial customers, with recurring service, retrofit, and light‑construction work. Built under the stewardship of a licensed unlimited electrical and H2/H3 HVAC contractor, this business has evolved into a professionally run, process-driven platform — supported by a trained field crew, strong brand reputation, and transferable trade licenses — that is a unique M&A opportunity, primed for scale. Key Investment Highlights Full-Service & Diversified Offering: HVAC, electrical, plumbing, indoor air quality (IAQ), duct cleaning, and maintenance — providing multiple revenue streams and resilience across economic cycles. Balanced Residential + Commercial Mix: Long-standing customer relationships across service, retrofit, and light construction drive recurring revenue and project‑based work. Licensing Advantage: Transferable unlimited electrical license and H2/H3 HVAC license enable immediate expansion into new markets within North Carolina. Scalable Infrastructure: Established operations, experienced management and technicians, and repeatable service delivery create a strong base for expansion. Flexible Seller Transition: Seller open to earn‑out, equity rollover, consulting or salaried role — offering continuity and institutional knowledge to facilitate growth or roll‑up strategies. A full Confidential Information Memorandum (CIM) is available to qualified buyers who sign an NDA.

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$8,900,000Revenue
-Cash Flow

Market Snapshot

National transaction benchmarks for hvac business businesses.

Under $500K

Median revenue$642k
Median cash flow$141k
Median sale price$250k
Multiple range1.2x - 2.4x

$500K to $2M

Median revenue$1.78m
Median cash flow$338k
Median sale price$850k
Multiple range2.2x - 3.4x

Over $2M

Median revenue$4.21m
Median cash flow$792k
Median sale price$3.25m
Multiple range3.4x - 5.3x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about HVAC business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating HVAC business acquisitions.

Maintenance Agreements Are the Real Asset

The most reliable indicator of HVAC business quality is the size and retention rate of its maintenance agreement (MA) base. Each MA typically generates $150-$300 in annual recurring revenue and produces 3-5x more replacement leads than non-agreement customers. Ask for MA count, renewal rate, and how long agreements have been in place. A business with 500+ active MAs and 80%+ renewal rate commands a significant premium over one without.

Flat-Rate vs Time-and-Material Pricing Matters

Businesses using flat-rate pricing are substantially more transferable than time-and-material shops. Flat-rate systems remove individual technician pricing discretion, making revenue more predictable, margins more consistent, and the business easier for a new owner to manage. When reviewing listings, flat-rate pricing is a positive signal. Time-and-material shops can be converted, but budget for a 6-12 month transition period.

License Portability Is a Deal-Critical Issue

Every state requires HVAC contractors to hold a valid license, and most are tied to a specific qualifying individual - typically the owner or a designated employee. When a business sells, the buyer must hold their own license, hire a licensed qualifier, or negotiate a transition period. Confirm the license situation early in diligence. Businesses where the owner is also the qualifier carry key-person risk that will directly affect valuation.

Residential vs Commercial Mix Changes Risk Profile

Residential HVAC businesses tend to be more transferable - customer relationships are distributed across thousands of households rather than concentrated in a few commercial accounts. Commercial-heavy businesses (50%+ commercial) warrant deeper diligence on contract terms, renewal dates, and whether contracts are assignable to a new owner. A residential business with a strong MA base and diversified customer geography is typically the most straightforward acquisition.

Understand the Seasonal Cash Flow Cycle

HVAC businesses are highly seasonal - revenue peaks in summer (cooling) and winter (heating), with shoulder months in spring and fall. Ask for monthly revenue breakdowns across at least two full years to understand the true seasonal pattern. Buyers who close during peak season may not see trough cash flow until months later. SDE calculations should normalize for seasonal working capital and owner compensation timing.

CRM and Systems Quality Signals Transferability

The presence of a modern field service CRM - ServiceTitan, FieldEdge, Housecall Pro - indicates the business has been run systematically rather than from the owner's memory. CRM-equipped businesses have documented customer histories, job costing data, and technician metrics that support a clean transition. Businesses without a CRM are not disqualified, but plan for 3-6 months of systems implementation post-close.

Frequently Asked Questions

Answers to common buyer questions for this market.

Usually not automatically. Every state requires a licensed HVAC contractor, and the license is typically tied to a specific qualifying individual — often the owner or a designated employee. When the business sells, the buyer must hold their own license, retain or hire a licensed qualifier, or negotiate a transition period with the seller. Resolve this before the LOI, not after — a license that walks out with the seller is the most common reason an otherwise clean HVAC deal stalls.