Utah HVAC Market

Sell Your Utah HVAC Business

Utah's rapid growth and four-season climate create strong HVAC demand. Find out what your business is worth.

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Utah HVAC Market Snapshot

680+

HVAC Companies

4,100+

HVAC Technicians

4.4-6.0x

EBITDA Multiple

$52,800

Avg Tech Salary

Why Utah HVAC Businesses Are in Demand

Utah has over 680 HVAC contractors with strong growth in Salt Lake City

Among fastest-growing states by population

Tech sector expansion in Silicon Slopes driving commercial demand

Four-season climate creates balanced heating and cooling needs

Young population demographic supports new construction

Climate Drivers

Four-season climate with cold winters and hot summers
High altitude affects equipment performance
Low humidity reduces some maintenance needs
Mountain communities have extended heating seasons

Top Utah Markets

Salt Lake CityWest Valley CityProvoWest JordanOrem

Buyer Activity

Utah is an attractive acquisition market due to rapid growth and tech sector expansion. Salt Lake City-area companies with commercial capabilities are highly sought after.

What's Your Utah HVAC Business Worth?

Get a confidential, data-driven estimate based on current Utah market conditions. Takes less than 5 minutes.

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Data Sources

Employment & Wage Data: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024

HVAC Company Counts: Salesgenie HVAC Industry Data

EBITDA Multiples: Industry estimates based on publicly reported M&A transactions and market analysis. Actual valuations vary based on company-specific factors.