Canyon County, ID had 143 plumbing, heating and air-conditioning contractors with employees in 2023 (County Business Patterns), with 2,078 employees. This page covers buying a plumbing or HVAC company, working capital, the working capital ratio and how partners read a contractor's records.
At a glance
- Plumbing and HVAC employers, Canyon County, ID
143 establishments, 2,078 employees (CBP 2023)
- Share with fewer than five employees
57.3% (CBP 2023)
- Payroll per employee (our arithmetic)
$57,685 (from CBP 2023)
- Plumbing and HVAC firms without payroll
123 (Nonemployer Statistics 2024)
Plumbing and HVAC Contractors in the Canyon County, ID Census Counts
The 2023 County Business Patterns file lists 143 Canyon County, ID employers in plumbing, heating and air-conditioning contractor. Together they reported 2,078 employees and $119.9 million of payroll for the year, and 57.3% of the locations ran with fewer than five people. ZIP Code Business Patterns puts 18 of them in ZIP 83651, a ZIP that takes in 22.6% of Nampa, ID's land area.
Our arithmetic from those figures: the average firm carried about 14.5 employees and paid about $57,685 per employee, above the $47,072 average for all Canyon County, ID employers. Nonemployer Statistics, a separate Census program, counted 123 Canyon County, ID businesses without paid employees in Plumbing, Heating, and Air-Conditioning Contractors (NAICS 2022 23822) for 2024, with $11 million in receipts. Those owner-run businesses are counted on their own, not as part of the employer figure.
How Much Does It Cost to Buy an HVAC Business? Notes for Nampa, ID Owners
What it costs to buy an HVAC business depends on that business's own records, and this site does not publish multiples or price ranges. A buyer and a partner both work from the same documents: the seller's tax returns and profit and loss statements, the service-agreement list (recurring maintenance contracts with their monthly value), the van and equipment list, open jobs, and the technicians' plans after the sale.
Split the price into vans and equipment, parts inventory, service agreements and goodwill. Each part is reviewed differently, and the equipment part may suit equipment financing while the rest suits a term loan.
How to Buy a Plumbing Business as a Nampa, ID Business
- Get the seller's last two to three years of tax returns and statements.
- List every service agreement with its monthly or yearly value and renewal date.
- Inventory the vans, tools and parts with ages and any liens.
- Read the lease for the shop and its assignment terms.
- Ask which technicians and dispatchers plan to stay, and in writing if possible.
- Send the request with the purchase agreement; a term loan is the funding type partners review for the price.
Weighing HVAC Business Financing in Canyon County, ID
Weighing HVAC business financing means matching each need to its own funding type. Service vans, jetters, camera inspection rigs and recovery machines fit equipment financing. Equipment stock for installs fits inventory financing or working capital. A gap between paying crews and getting paid by a general contractor fits a line of credit.
Illustration only, invented figures: a $48,000 service van with shelving financed over 60 months at an invented rate of 10 percent a year comes to about $1,020 a month in this invented example, with about $13,191 of interest and about $61,191 in total payments.
Working Capital for HVAC Company, Explained for Canyon County, ID
Working capital for an HVAC company covers the stretch between buying equipment and labor for a job and collecting for it. New-construction work billed to a builder on terms carries that gap on every job; retail service calls paid at the door carry very little. Working capital is sized to a specific gap; a line of credit suits gaps that repeat with each project.
A partner reading the request looks at the receivables aging report, the open-job list and the bank statements together.
Notes on Plumbing Business Working Capital Ratio for Nampa, ID Owners
The working capital ratio (also called the current ratio) is current assets divided by current liabilities. For a plumbing business, current assets are cash, receivables and parts on the shelves; current liabilities are supplier invoices, payroll owed and debt payments due within the year.
Illustration only, invented figures: a plumbing company with $30,000 cash, $64,000 of receivables and $21,000 of parts holds $115,000 of current assets in this invented example. Against $82,000 of current liabilities the ratio is about 1.40 and working capital is $33,000, both from the invented figures. Your own balance sheet gives the real numbers; this site does not publish a target ratio.
HVAC System Financing: A Nampa, ID Overview
HVAC system financing in the homeowner sense, where a customer pays for a new furnace or air conditioner over time, is a consumer product, and Hillspring does not arrange it. What this page covers is funding for the contractor's own business: vans, tools, stock, payroll and buying a company.
Contractors who also do general building work will find trade counts on the construction page. County and ZIP figures are on the Nampa, ID page, and every trade is listed on the industries hub.
Records a Funding Partner Reads From a Nampa, ID Plumbing or HVAC Firm
- Business bank statements for three to six months.
- The firm's last filed return, plus profit and loss for this year so far.
- Receivables aging, split between builders and service customers.
- Service-agreement list with monthly value.
- Existing van, equipment and credit-line payments.
ZIP Code Business Patterns counted 18 plumbing, heating and air-conditioning employers in ZIP 83651 in 2023, a ZIP that is not the same as the city limits.
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