Listings / Portsmouth, NH
Piscataqua HVAC
Seacoast service contracts, with the owner already down to three days.
HVAC and plumbing · Rockingham County · est. 1987
Sample listing. Fictional. Not an offer to sell a real business.
Sample listing. Fictional residential and light commercial HVAC company based in Portsmouth, covering the New Hampshire and southern Maine seacoast.
- Maintenance base
- Service manager in place
- Seacoast territory
Valuation context
An estimate from the illustrative HVAC and plumbing SDE band (Band source: NewHands teaching assumption — illustrative planning range, not a market transaction comp dataset), not an appraisal. Customer concentration was not on the listing, so that adjustment was left at zero.
Low
$1,664,000
Midpoint
$2,112,000
High
$2,560,000
Asking price is $38,000 above the midpoint estimate (3.36× trailing SDE).
- Start with the illustrative HVAC and plumbing SDE band (NewHands teaching assumption): 2.60× to 4.00×, midpoint 3.30×.
- Apply disclosed adjustments totaling +0.00 to each end of the band, then floor the multiple at 0.80×.
- Multiply seller's discretionary earnings of 640,000 by the adjusted band. That is the business value, not the real estate.
- Real estate is not included, so nothing is added after the multiple.