Heat pump businesses for sale
Heat pump installers and businesses installing and servicing heat pumps and ventilation for sale in Denmark.
Sitavo has just opened — the first heat pump businesses are on the way
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Create a buying requestTechnicians and certificates
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Guides on the topic
Step-by-step knowledge that helps you make the right decision.
OverviewA heat pump business is only as good as its technicians.Introduction
A heat pump business is only as good as its technicians. Installing heat pumps often involves both electrical and plumbing work, which in Denmark must be done under an authorisation with a designated responsible professional, and working with refrigerants requires specific certificates. Check who holds which authorisations and certificates, and what happens if they leave. If the owner is the responsible professional, a replacement must be in place at the takeover.
Service contracts and warrantiesService contracts bring recurring income and a client base that comes back when the system needs replacing.Legal
Service contracts bring recurring income and a client base that comes back when the system needs replacing. Ask for an overview of contracts with price, term and notice. Review warranty obligations on installed systems too: how many are still under warranty, what have complaints cost, and what does the manufacturer cover?
Demand for heat pumps is affected by energy prices and by grants that change over time. Ask how order intake has developed over several years, and how much came from businesses and housing associations.
Price and key figuresSitavo’s indicative range for the category is 3–6 times profit (EBITDA), cross-checked against 0.5–1.5 times revenue.Finance
Sitavo’s indicative range for the category is 3–6 times profit (EBITDA), cross-checked against 0.5–1.5 times revenue. Many service contracts, several certified technicians and regular commercial clients push the price up. Vans and tools are usually part of the deal, but check whether the vehicles are leased. Ask whether dealer status with manufacturers requires training, minimum purchases or approval on a change of owner.
Before you make an offerAuthorisations, responsible professional and refrigerant certificates.Guide
- Authorisations, responsible professional and refrigerant certificates.
- Service contracts with price and term.
- Warranty obligations and complaint costs.
- Supplier agreements and dealer status.
- Vehicles, tools and leasing.
Read the general advice on buying energy businesses, and compare with plumbing and trade businesses.
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