The Inland Empire continues to attract LA/OC operator-buyers seeking affordability plus PE-backed industrial buyers consolidating warehousing and logistics. This 2026 report covers what's actually trading across the IE.
What's hot
Warehousing, 3PL, and trucking businesses in Ontario, Fontana, and Moreno Valley attract premium-multiple national industrial PE bids. Service trades (HVAC, plumbing, landscape) attract aggressive home-service consolidator demand. Restaurants and practices in Rancho Cucamonga, Corona, and Temecula trade strongly to LA/OC relocating buyers.
Segment multiples
Logistics/warehousing: 4x–7x EBITDA (premium for Ontario airport proximity). Service trades: 3.5x–5.5x SDE. Manufacturing: 3x–5x EBITDA. Auto repair: 2.5x–4.0x SDE. Restaurants: 2.0x–3.5x SDE. Dental: 60–85% TTM collections.
Buyer pool trends
Continued LA/OC operator-buyer migration to IE for affordability. National industrial PE active in Ontario/Fontana logistics. Regional service-trade roll-ups consolidating across the IE. Hispanic-American operator pool active for restaurants and trades, often using SBA financing.
Submarket dynamics
Ontario/Fontana logistics: premium pricing from national buyers. Rancho Cucamonga/Redlands: residential service trades trade at IE-premium thanks to affluent residential base. Temecula/Murrieta: South IE wine country and lifestyle businesses with snowbird overlay. Victorville: High Desert affordability driving entry-level operator-buyer demand.
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