All States/Indiana/Indianapolis
Indianapolis-Carmel-Anderson, IN

Sell Your Indianapolis HVAC Business

The Crossroads of America offers year-round HVAC demand with four distinct seasons. Get your free valuation.

Indianapolis HVAC Market Overview

HVAC Companies

400+

HVAC Technicians

3,100+

Average Wage

$54,600

Location Quotient

0.98

Source: U.S. Bureau of Labor Statistics, May 2023 OEWS

Key Facts: Indianapolis HVAC Market

Four-season climate creates balanced heating/cooling demand

Healthcare and pharmaceutical industry hub

Affordable cost of living attracts businesses

Logistics and distribution center growth

Sports and convention industry adds commercial demand

Market Dynamics

Indianapolis's four-season climate creates year-round HVAC demand. The healthcare and logistics sectors provide stable commercial contracts while residential growth continues.

Service Areas

IndianapolisCarmelFishersNoblesvilleGreenwoodLawrence

Buyer Activity in Indianapolis

Indianapolis attracts Midwest regional consolidators. Companies with commercial capabilities and healthcare experience are valued. Typical valuations range 4-5.5x EBITDA.

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Data Sources

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.