Heating + Air Paramedics
Bottom line
- Total investment $101K – $193K including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.9M/year (median $1.7M).
- Rated STRONG with a risk score of 47/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
- System growing at 340.0% CAGR over 3 years with 22 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Heating + Air Paramedics unit return on the cash you put in?
Unlevered ROIC · per unit
125%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Heating + Air Paramedics units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.9M
on $9.6M purchase
Total debt
$7.7M
SBA $4.8M + senior + seller note
Overview
About
Franchisees operate HVAC service businesses providing heating, cooling, and air quality maintenance to residential and commercial customers. Day-to-day operations include scheduling service calls, diagnosing equipment issues, performing repairs and maintenance, managing technician teams, and handling customer billing and follow-up.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 21 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
CAUTION: Attractive revenue averages obscured by undisclosed profitability, affiliate regulatory action, and thin unit base with opaque franchisee economics.
Score breakdown · what drove the 47 / 100 rating
- 01MEDNet income not disclosed despite $1.92M average revenue — opacity on actual profitability and franchise viability
- 02HIGHAffiliate litigation (MaidPro) in Aug 2025 for franchise fee deferral violations suggests potential compliance issues across parent company's franchise portfolio
- 03MINORRoyalty floor of $1,500/month ($18K annually) is 1.75% of $1.02M break-even revenue — franchisees must hit significant volume to exceed floor
- 04MINORModest unit growth of 37.5% YoY on small base (22 units) — insufficient scale to validate system strength or sustainability
- 05MINORHigh initial investment ($100K-$193K) combined with non-transparent profitability creates asymmetric risk
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
26 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Heating + Air Paramedics · FDD (2026) PDF