Business valuation calculator

What a small Canadian business is worth, from the multiples on real listings — not a rule of thumb.

SDE is net profit plus the owner’s pay and one-off expenses. The range is your SDE times the middle half of asking multiples for the industry. What is SDE?

Typical value$454K – $530K

Low$454,4002.8×

Typical$486,4003.0×

High$529,6003.3×

An asking price of $525,000 (3.3× SDE) is inside the typical range.

From 14 HVAC & plumbing listings with disclosed SDE. Asking prices, not sale prices. Not financial or legal advice.

See 24 HVAC & plumbing businesses for sale →

Median multiples by industry

Industry	Listings	Typical range	Median
Manufacturing & fabrication	29	2.7×–4.8×	3.4×
Retail	29	2.3×–4.0×	3.0×
Restaurants & food service	28	2.4×–4.0×	2.9×
Construction & civil	26	2.8×–4.3×	3.7×
Renovation & interiors	23	2.3×–3.8×	2.7×
Automotive	20	2.5×–3.5×	3.0×
Professional & business services	18	2.5×–3.7×	2.7×
Health care	15	2.1×–4.4×	3.2×
HVAC & plumbing	14	2.8×–3.3×	3.0×
Fitness, recreation & events	11	2.6×–5.4×	3.8×
Cleaning, restoration & pest	10	2.7×–4.2×	3.1×
Beauty & personal care	10	3.5×–4.5×	4.3×
Energy, agriculture & industrial services	9	3.3×–4.4×	4.0×
Roofing & exteriors	8	2.6×–3.3×	2.8×
Transport & logistics	8	2.3×–5.2×	4.2×

Asking multiples of SDE on listings with disclosed earnings. Industries with fewer than 8 are left out. Click a row to use it.