HVAC and air conditioning businesses in Castellón: buying, selling and valuation

There is no official count by province. The INE only publishes the total of specialised construction establishments, 2,597 in Castellón, which includes HVAC installers together with many other building specialisms. Any specific figure for HVAC companies in the province would be an estimate without statistical backing.

For a buyer, yes, they usually weigh more per euro invoiced, because they renew and are predictable. They should be in writing, with clear duration, price and renewal terms, and you should be able to show how many have been kept year after year.

It depends on whether they are in the name of the company or of an individual, and on how the sale is structured. If you sell the shares in the company, in principle the company remains the same, but you need to check which personal requirements each authorisation imposes. It is worth confirming this with a legal adviser before signing.

It mainly affects how profit is read and the need for working capital. A business with strong summer peaks should show the accounts for several full financial years and explain how it finances the months of lower activity, so that the buyer does not infer a greater risk than the real one.

Usually other installers who want to add maintenance customers or qualified technicians, building services companies, equipment distributors looking to integrate installation, and technicians from the company's own staff. Each profile values the contract portfolio and the team differently.

Accounts for the last financial years with turnover split between installation work and maintenance, the list of current contracts, the list of technicians with their accreditations, the agreements with manufacturers, the inventory of vehicles and stock, and the list of pending warranties.