400+
3,200+
$56,800
1.15
Source: U.S. Bureau of Labor Statistics, May 2023 OEWS
Extreme summer heat (115°F+) makes AC essential
Casino and hospitality industry requires 24/7 service
Rapid population growth drives residential demand
Convention center expansion adds commercial opportunities
No state income tax attracts business owners
Las Vegas's extreme heat and hospitality industry create unique HVAC demand. Casinos and hotels require 24/7 service capabilities, while rapid residential growth provides additional opportunities.
Las Vegas HVAC companies with hospitality experience are highly valued. Buyers appreciate the essential nature of cooling services and growth trajectory. Typical valuations range 5-6.5x 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.