Specialist HVAC Business Brokers, United Kingdom
FREE VALUATION TOOL

What could your HVAC business be worth?

Complete our confidential valuation calculator in around 5 minutes. Your personalised indicative range appears instantly on screen, with a PDF report you can download and keep. No obligation, no cost.

5 Minutes To complete
Confidential Always
No Obligation Guaranteed
VALUATION CALCULATOR

Tell us about your business.

Answer a few questions and we will provide a realistic indicative valuation range, tailored to current market conditions for HVAC businesses.

Step 1 of 3

Your Business

Annual Turnover
Select your turnover range
Under £250k £250k to £500k £500k to £1m £1m to £2m £2m to £5m Over £5m
Approximate Net Profit Margin
Select your profit margin range
Under 5% 5 to 10% 10 to 15% 15 to 20% Over 20%
Revenue from Recurring Maintenance Contracts
Drag to set your approximate percentage
0% 25% 50% 75% 100%
Years Trading

Please answer all questions to continue

Your Capabilities and Team

Number of Qualified Engineers
Select your team size
Just me 2 to 5 6 to 10 11 to 20 Over 20
Gas Safe Registered Engineers
F-Gas Certified
MCS Accredited
Heat Pump Installation Capability
Fleet Size (vehicles)
Active Public Sector Framework Agreements
REFCOM Accreditation Held
Your Role in the Business
I do the work
I manage the team
Mix of both

Please answer all questions to continue

Your Details

Completely confidential. No obligation. Click the button and your indicative range appears instantly, with a PDF report you can download and keep.

Thank you. Your valuation is ready below.

Direct conversation with a HVAC senior specialist, not a sales team. Everything you have shared is treated in the strictest confidence.

WHAT DRIVES YOUR VALUATION

The factors that determine your business value.

HVAC businesses typically achieve 4 to 10x EBITDA for well-positioned operators with recurring contracts and accreditations. Here is what moves that multiple.

How the multiple is calculated

  • Base multiple: 4x EBITDA
  • Adjusted for business size: larger businesses command higher multiples, smaller ones lower
  • +1.5x if recurring service contracts represent more than 40% of revenue
  • +1x if F-Gas or REFCOM accreditation held
  • +1x if Gas Safe, OFTEC or MCS accreditation held
  • +1x if fleet size exceeds 10 vehicles
  • +1x if active public sector framework agreements in place
  • + up to 1x if the business runs under management rather than the owner on the tools
  • Maximum: 10x EBITDA

Sources: Capstone Partners HVAC Services M&A Update 2025; GS Verde UK M&A Deal Multiples 2025; Jeneshmakesdeals Sell Your HVAC Business 2026. Industry reference ranges; not UK-verified transaction data.

📄

Maintenance Contracts

Recurring revenue from service contracts is the single most valuable asset in an HVAC business. Buyers pay a premium for predictable, repeating income with high retention rates.

High
🔥

Gas Safe Engineers

The number and quality of Gas Safe registered engineers directly affects capacity and value. Qualified engineers are scarce, and buyers value businesses with a strong, registered workforce.

High

Heat Pump and MCS Capability

MCS accreditation and active heat pump installation capability signal future-readiness. With the 2035 gas boiler phase-out, buyers pay more for businesses positioned for the transition.

High

F-Gas Certification

F-Gas certification is essential for any business working with refrigerants and air conditioning. It opens the door to commercial contracts and is increasingly required by larger clients.

High
📍

Geographic Density

Concentrated customer bases reduce travel time and increase engineer productivity. Route density is a hidden multiplier that acquirers, particularly PE-backed platforms, actively look for.

Medium
🚚

Fleet Condition

Well-maintained, branded vehicles and equipment reduce the buyer's post-acquisition capital expenditure. A modern fleet signals a well-run operation and supports a higher valuation.

Medium
👤

Owner Dependency

Businesses that can operate without the owner command significantly higher multiples. If you are on the tools every day and the business cannot function without you, buyers will discount accordingly.

High
🏢

Commercial vs Residential Mix

Commercial contracts tend to be larger, longer-term, and more predictable. A strong commercial client base often supports a higher multiple than purely residential work.

Medium
READY TO FIND OUT?

Your business is worth more than a guess.

"An indicative range is the start of the conversation. What your business is genuinely worth is revealed by real buyer competition, and that is what we create."
Simon Read, Managing Director