rejigg

HVAC Services Businesses for Sale

Based on hundreds of real buyer-seller conversations on Rejigg, the deals that tend to work best share two things: a solid base of customers on maintenance plans, and a team that can keep the operation running through a transition.

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2

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27

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$1.3M

Median Asking Price

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Featured HVAC Services Businesses

Showing 25 of 27 listings

HVAC and Plumbing Services Business

Nearly 30 years of repeat relationships with high-end residential builders and light commercial clients in upstate New York, generating $4.1M in 2026 revenue with over $1M in EBITDA.
Price$2.4M
Revenue$3.5M
SDE$304.4K

HVAC and Refrigeration Company

Over 1,600 commercial customers in a market with fewer than five competing refrigeration providers, generating $1.1M in revenue with demand consistently exceeding capacity.
Price$700K
Revenue$1.1M
EBITDA$198.4K

HVAC / Electrical Services Business

Referral-driven HVAC and electrical contractor serving the Chicago suburbs with 60% commercial revenue, a 6,500-customer database, and services spanning home automation, server room cooling, and radiant heating.
Price$660K
Revenue$452.3K
SDE$79.5K

High Efficiency HVAC Business

Heat pump-focused HVAC contractor in Massachusetts grew revenue from $1.9M to $4.7M over four years, fueled by state rebate programs and word-of-mouth referrals in a market with accelerating demand for electrification.
Price$2M
Revenue$3.7M
SDE$125.4K

Cooling Towers Service Business

Over 60% profit margins in a cooling tower maintenance business with 25 years of repeat commercial and industrial clients across Florida and no advertising spend.
Price$1.1M
Revenue$376.5K
SDE$332.7K

HVAC Company

HVAC contractor in one of the fastest-growing U.S. metros, generating $8.9M in revenue with $1.6M in EBITDA and a debt-free balance sheet, backed by thirteen to fourteen general contractor relationships spanning up to thirteen years.
Price$5M
Revenue$8.9M
EBITDA$1.6M

HVAC Business

Over 50 years of brand recognition and a 13,000-name customer database in one of the fastest-growing metro areas in Texas, generating $1M in annual revenue with minimal advertising.
Price$350K
Revenue$999.2K
EBITDA($250)

Plumbing & Heating Company

Full-service plumbing, heating, electrical, and gas piping operation generating $1.5M in revenue with SDE exceeding $475k and accelerating profitability on a growing top line.
Price$500K
Revenue$875K
SDE$300.6K

HVAC and Refrigeration Services Company

HVAC and commercial refrigeration contractor serving restaurant and food-service clients across a major Texas metro for over fifteen years, with zero marketing spend and entirely referral-driven revenue.
Price$425K
Revenue$399.7K
SDE$166.4K

Commercial Energy / Access Control Systems Provider

Commercial and industrial energy management firm with 40+ recurring building clients, a 98% retention rate, and decades-long customer relationships generating over $1M annually.
Price$600K
Revenue$1.2M
SDE$112K

Refrigeration & HVAC Company

Over 40 years of commercial refrigeration and HVAC service work generating $2.2M in revenue, with 70% derived from recurring preventive maintenance contracts across supermarkets, meat processors, restaurants, and universities.
Price$1.5M
Revenue$2.2M
SDE$500K

Mechanical Services Company

Over twenty years of federal and commercial mechanical service contracts across Pennsylvania, with DOD maintenance agreements, VA Medical Center work, and a diversified client base where no single customer exceeds 15-20% of revenue.
Price$500K
Revenue$2.7M
EBITDA($185.2K)

HVAC & Plumbing Service Business

Debt-free mechanical services operation in the Southwest generating $2.3M in revenue with sole-source government contracts, recurring maintenance agreements, and a fully licensed 12-person team.
Price$600K
Revenue$2.3M
SDE$256.8K

Regional HVAC Distributor

Wholesale HVAC distributor with $12.1M in annual revenue, 8,000 SKUs across major equipment brands, 3,500+ active accounts, and over twenty years of continuous operation in Texas.
Price$10M
Revenue$12.1M
SDE$1.6M

Commercial HVAC and Refrigeration Business

Dominant commercial refrigeration and HVAC provider on the Olympic Peninsula with 140+ maintenance contracts, 90% repeat-customer revenue, and geographic moat insulating the business from metro-area competition.
Price$3M
Revenue$4M
SDE$500K

HVAC and Refrigeration Installation Contractor

Commercial and industrial HVAC and refrigeration contractor with recurring maintenance contracts, a union workforce, and revenue that nearly tripled over three years, from $1.5M in 2022 to $4.2M in 2025.
Price-
Revenue$4.2M
SDE$538.8K

Heating and Air Conditioning Services

Nearly 50 years of brand equity and 46,000 customer records in a high-demand South Texas HVAC market, generating over $3M in annual revenue through service, repair, and replacement work.
Price-
Revenue$3.2M
EBITDA$293.7K

Commercial Maintenance Business

Multi-service construction firm delivering facilities maintenance, remediation, MEP, and construction management across three states with 55% SDE margins sustained over four consecutive years.
Price$3.4M
Revenue$1.3M
SDE$715K

Mechanical Services Business

Union mechanical contractor with in-house sheet metal fabrication, 20+ years of profitability, and minority-certified status enabling premium project positioning across commercial, healthcare, and data center work.
Price-
Revenue$18M
SDE$1.5M

Plumbing / HVAC Business

Plumbing, heating, and HVAC services company operating continuously since the early 1970s in the New York City market, with revenue growing from $1.3M to $1.7M over four years and EBITDA nearly doubling over the same period.
Price$6M
Revenue$1.7M
SDE$500K

Air Purifying Panel Manufacturer

Patented photocatalytic oxidation air purification manufacturer with 10 years of remaining patent protection, Class 2 medical device approval on two units, and a $1.25M active contract with a major university medical center.
Price-
Revenue$5M
EBITDA$100K

HVAC / Plumbing / Waste System Services Company

Commercial HVAC and plumbing contractor in Central Pennsylvania with over ten years of steady project flow, a seasoned crew with 7+ years of tenure, and a built-in CFO ready to stay through transition.
Price-
Revenue$1.5M
EBITDA$375K

Residential HVAC Services Business

HVAC business serving homeowners and property managers across Ohio and Michigan, generating $2.3M in revenue with $500k in owner earnings and 15% year-over-year growth.
Price-
Revenue$2.3M
SDE$500K

HVAC / Facility Services Business

Home service provider offering geothermal and conventional HVAC, plumbing, water quality, and indoor air quality services with EOS-driven management structure and 25-person team operating independently.
Price-
Revenue$4.7M
SDE$527.3K

Engineering Firm

Consulting engineering firm specializing in mechanical services for commercial properties, with 90% of revenue from repeat architect and building owner relationships spanning over twenty years.
Price-
Revenue$3M
SDE$400K
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Due diligence

What to Look For

Practical guidance from hundreds of real acquisition conversations.

Maintenance Contract Depth

This is one of the most exciting things about HVAC deals. Ask how many customers are on annual maintenance agreements and what the renewal rate looks like. Businesses with renewal rates above 80% tend to command premium prices because that revenue is predictable and repeatable. It's worth asking to see the actual contract roster so you can get a feel for the customer base, not just a summary number.

Licensing Transferability

Worth understanding early: find out who holds the HVAC contractor license and whether someone besides the owner can legally qualify the business after the sale. If the owner is the only licensed person, you'll want to know whether a team member is close to qualifying or whether you'd need to bring your own license. This comes up in nearly every deal, and knowing the answer early helps you plan your timeline.

Fleet and Equipment Condition

Request a vehicle list with mileage and age on every truck. A few trucks with 200,000 miles can meaningfully change your first-year cash picture, so it's good to have a clear view of what you're working with. Walking the shop and looking at tool condition is time well spent too.

Owner Involvement in the Field

Ask whether the owner still runs service calls or installs. If they do, that's not necessarily a dealbreaker, but it does mean more transition work for you and some hands-on involvement you'll want to plan for. A service manager or lead tech who handles dispatch and field decisions is a great sign. If that role doesn't exist yet, think about whether you'd enjoy building that layer or whether you'd prefer a business where it's already in place.

Valuation

What Should You Expect to Pay?

3-5x

SDE

Owner-operated

5-8x

EBITDA

With management team

In HVAC, the spread between 3x and 8x tends to reflect maintenance contract depth, how much the owner is still involved in daily operations, and how many licensed techs are on staff.

What drives a premium

Maintenance agreement renewal rates above 80% with documented contract rosters

Service manager or lead tech who handles dispatch without heavy owner involvement

Multiple licensed technicians on staff so the business isn't tied to one license holder

Balanced revenue mix across installs, service calls, and maintenance with year-round demand

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Thinking About Selling?

Read our owner's guide to selling an hvac services business, with valuation tips, buyer expectations, and step-by-step advice.

Read the Owner's Guide

FAQ

HVAC Services Business Acquisition

What should I look for when buying an HVAC business?

Three areas are worth spending real time on: maintenance contract renewal rates, who holds the HVAC license, and how much the owner is still involved in daily operations. A business with strong maintenance renewals, a service manager handling dispatch, and multiple licensed techs gives you a lot to work with from day one. Browse HVAC businesses for sale on Rejigg to see what's available.

How much does an HVAC business cost?

Most HVAC businesses sell for 3 to 8 times annual profit. Owner-operated shops typically trade at 3 to 5x SDE, while businesses with a management team and strong recurring revenue can reach 5 to 8x EBITDA. Fleet condition and the licensing situation can also affect what you'll spend in year one beyond the purchase price. Use the SBA loan calculator to model financing scenarios.

How do I evaluate an HVAC business before buying?

Start with three years of financials and ask for the maintenance contract roster with renewal rates. From there, look at the vehicle list with mileage, find out who holds the HVAC license, and get a sense of how involved the owner is in daily work. Tools like ServiceTitan or Housecall Pro are a good sign the operation is organized. The SBA loan calculator can help you model different deal structures.

What due diligence questions should I ask about an HVAC business?

Some good starting points: How many customers are on maintenance plans, and what's the renewal rate? Who holds the HVAC contractor license? How involved is the owner in daily operations, and is there a service manager? What's the age and mileage on each truck? What's the revenue split between installs, service calls, and maintenance? Are any customers more than 20% of revenue? What software do they use for scheduling and dispatch?

Where can I find HVAC businesses for sale?

Rejigg is built specifically for home services acquisitions, including HVAC. You can browse HVAC businesses for sale on Rejigg and connect directly with sellers, no broker in the middle. Listings include financials and ownership details so you can filter for businesses that match what you're looking for.

How do HVAC licenses transfer when you buy a business?

It depends on your state, but in most cases the contractor license is tied to a person, not the business entity. That means you or someone on the team needs to hold a qualifying license after the sale. It's worth asking the seller early whether any employees are licensed or close to qualifying. If the owner is the only license holder, factor in the timeline and cost to get a license in place before close.

Does seasonal demand affect HVAC business valuations?

It can, but seasonality tends to matter less than how the business manages it. HVAC companies with strong maintenance contract revenue stay busy in shoulder seasons, which smooths cash flow and makes financing more predictable. If revenue is heavily skewed toward summer AC installs with little coming in during winter, it's worth asking how the business covers fixed costs during slow months and what the staffing plan looks like year-round.