400+
2,600+
$68,500
0.65
Source: U.S. Bureau of Labor Statistics, May 2023 OEWS
Mild climate reduces seasonal demand fluctuations
Military bases provide stable government contracts
Biotech industry growth drives commercial demand
High wages reflect California labor market
Tourism industry adds commercial opportunities
San Diego's mild climate means lower HVAC intensity, but military presence and biotech growth provide stable demand. High wages and regulatory complexity create barriers to entry.
San Diego HVAC companies with military contract experience are particularly valued. Buyers appreciate the stable demand base and California market access. Typical valuations range 5-7x EBITDA.
Employment & Wage Data: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024
Metropolitan Area Statistics: BLS Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
EBITDA Multiples: Industry estimates based on publicly reported M&A transactions and market analysis. Actual valuations vary based on company-specific factors.