Business Valuation  when Selling  Your HVAC

Tampa Business Broker to Value My Business. What is my business worth?

Get the Best Price and Business Valuation  when Selling  Your HVAC / Construction Company


Tips for Business Owners to Manage Costs and Prepare for Future Sales


Manage your expenses especially well in the few years just before selling your business can make a big difference in what you get for your business.  Here are a few items that might be worth your consideration. Of course, always chat with your accountant for the important issues regarding your finances.


 Minimize Depreciation Costs

Depreciation costs occur when vehicles or facilities wear out and need repairs. HVAC businesses can manage these costs effectively. Many companies lease their vehicles and storage facilities, while most of their equipment consists of durable small tools that don’t require frequent replacement.

As a result, depreciation costs remain relatively low. Additionally, there haven’t been significant technological advancements recently, keeping depreciation’s impact on revenue stable.

Efficient Purchasing and Cost Management

Purchases for HVAC businesses include the components and supplies necessary for installation, maintenance, and repair services. Gasoline is also a key expense for transporting materials and contractors.

Post-pandemic supply chain issues have led to increased prices for essential inputs. However, contractors often pass these higher costs onto consumers, which has actually reduced the revenue share of purchase costs in the current period.

Diverse Miscellaneous Costs’

HVAC businesses face a variety of other expenses, including legal fees, licensing, consulting services, and insurance. For instance, when contractors need detailed information about a structure, they may hire engineers to ensure new heating and cooling systems are installed without damaging the building. The need for these miscellaneous services is consistent, so their revenue share hasn’t changed much recently.

Increasing Labor Costs Due to Advanced Skills

Labor is crucial in the HVAC industry as skilled workers are needed to inspect, install, and maintain systems. The introduction of advanced technologies like touchscreen thermostats and IoT systems has increased the demand for knowledgeable technicians. As a result, wages have risen because skilled laborers command higher pay. Additionally, the industry faces ongoing labor shortages, further driving up wage costs.

Steady Yet Volatile Profit Margins

While maintaining existing HVAC installations is essential for most households, which stabilizes revenue and profit, other segments like new installations can fluctuate based on construction demand, interest rates, and consumer spending. Recently, high interest rates have slightly dampened revenue growth, causing a minor decline in profits. However, the necessity of HVAC services ensures that profits remain relatively stable despite some volatility.

By keeping equipment purchases minimal, passing higher costs onto consumers, and managing diverse expenses efficiently, HVAC business owners can maintain a healthy financial outlook. These strategies not only help in the day-to-day running of the business but also make the company more attractive to potential buyers when you are ready to sell a business.

If you’re thinking about selling your business, even if it’s yours in advance, consider sitting down with a certified business intermediary or highly experienced Business Broker. Discuss the benefits of getting a business valuation here’s an advance so that you can fully understand how this is a really value. Most business owners are totally surprised by the value of their business. They expect it if they had a good year just before selling that that will drive up the value considerably.

Quite often it leaves more people, nervous and concerned about the value the business and wonder why the other years were not good. And while he was the owner and they will know that it all makes sense and of course, sales are down during Covid or whatever, investment community keeps a pretty watchful eye, and a bit of a paranoid perspective when it comes to acquisition.

Forking out millions of dollars is something people don’t do without a lot of comprehensive thinking. Being prepared to make the difference between selling and not selling.

70% to 80% of businesses fail to sell when they go to market. And quite often that’s due to unrealistic expectations, lack of proper marketing, and misunderstanding of the process of selling in the first place.

Evaluation early on the process will also allow you to decide if you wanna make specific changes. Sometimes it’s a good idea to make sure you have the right accountant. Or re-organize your business so that you’re not so much the main element that makes a Business work. After all people who are going to pay a lot of money for your business do not want to see all the business know how to walk out the door when you leave. So that might mean bringing on a great business coach or somebody like that. Or restructuring your financials with a fractional-CFO. Check out the Businesss Transition Council for a great list of individuals. I can help you out with that as well.

Our firm is dedicated to helping business owner understand the process of selling their business. Were there to answer the questions that we hear most often. Some of the questions are as follows:

Questions business owners ask that we help address

Can I sell my business?

What is my business worth?

How do I get a good business valuation?

Do I need to pay a large amount for a business valuation?

What about getting a free business valuation online?

How do I get the most for my business?

How do I maintain confidentiality when I go to sell my business?

Do I have to deal with a local business broker from Tampa business broker or Orlando business broker or Naples business broker etc?

How long does it take to sell a business?

Should I tell my employees my business is for sale?

How do I sell my business and not let the world know it’s for sale?

Some industry for which we can sell a business

Additionally, we work with a wide variety of businesses.

In general, we serve businesses with a range of $2 million to about 100 million in revenues.

But we worked with all kinds of companies.

And we have a team of professional business brokers that are born in the industry at different levels, so even the smallest business can be handled by one of them.

Regarding different types of industries we’ve done a lot of work in the construction room. ”’

Construction Businesses for Sale

We really like businesses that deal with the world of construction.

Such industries include HVAC or air-conditioning companies, plumbing companies, electrical, contracting companies, roofing companies, manufacturing of construction supplies, distribution of construction supplies, concrete companies, labor supply companies we’ve also touched on a number of different medical businesses.


We have helped with t urgent care, orthodontist, general dentistry, and more.


The number one thing sold in the state of Florida by number of units are restaurants and food and beverage businesses. For some reason we believe that people just come to with the idea. But it seems like a large percentage of America thinks that running a restaurant could be a lot of f, we see a lot of people selling a restaurant business here there.


Whatever you pursue, don’t just follow the money. If you’re looking to buy business, think about something you’re passionate about. If you’re looking to sell a business realize it almost every type of business is worth something. Also realize that it’s your responsibility to show the value in your business. People are going to eventually do some sort of business valuation on your business. Show preparing your financial records, understanding EBITDA and discretionary earnings, or all important elements in terms of getting the best price for your business.

Legacy venture group has a team of professional business brokers around the state and working in different parts of the country and the world as well. We actually have a client working in Mexico. And we have people we’re speaking to in North Carolina, South Carolina, Virginia, Maryland, Washington DC, texas, and more. Even California. But a large part of our work is done in the state of Florida. The founder of this business grew up in Naples, Florida. So we actually deal with Naples Florida. But we also work with Sarasota, Bradenton, Tampa, Lakewood, Ranch, Lakeland, Bonita Springs, Clearwater, st. Petersburg, lutes, Dade city, Miami, Fort Lauderdale, Vero Beach, Jacksonville, and much more.