HVAC, plumbing & electrical in California

4,137 licensed HVAC, plumbing and electrical contractors in California, with the one fact that matters most on every page: whether the license carries workers' compensation. An owner-operator with no employees is worth a truck and a phone number; a shop with a crew and a service-agreement book is a real company, and buyers, including private-equity platforms, are paying for those.

Trade contractors sold around 2.77x owner earnings, median $1.0M. Owner-operators trade near 2x; a twelve-truck shop with maintenance agreements near 4x. The range on each page follows that scale.