Heating Air Paramedics
Heating Air Paramedics franchises offer residential heating and air conditioning services including installation, repair, and replacement. Known for reliable HVAC solutions, this franchise operates in the home services sector.
Heating Air Paramedics franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a Heating + Air Paramedics Franchised Business ranges from $100,935 to $193,260. This includes $40,000 that must be paid to the franchisor as an Initial Franchise Fee. [p.2]
What is the initial franchise fee?
The initial franchise fee is $40,000 [p.18]. This fee is deemed fully earned at the time it is due and is nonrefundable except as discussed below [p.18].
What are the ongoing royalty and advertising fees?
The ongoing royalty is a continuing royalty of five percent (5%) of monthly Gross Sales or $1,500 per month, whichever is greater [p.124]. Advertising contributions received from franchisees are recorded as a component of franchise royalties and fees in the consolidated statements of operations [p.85].
How long is the initial franchise agreement, and can I renew it?
The initial franchise agreement typically has a term of five to ten years [p.85], with the option to renew for an additional term if you are in compliance with the terms of the franchise agreement. You may be eligible to renew your Franchise for one additional term equal to the then-current term being granted for new Heating + Air Paramedics franchises, provided you meet all conditions of renewal set forth in Section 3(d) [p.111].
Can I sell or transfer my franchise, and what does that require?
According to [p.6] and [p.130], you cannot transfer the ownership of your franchise or assign your rights and obligations under the Franchise Agreement without the express written consent of the franchisor (PHP Franchise, LLC). This means any sale or transfer requires approval from PHP Franchise, LLC, except for good cause as defined by them [p.6].
On what grounds can the franchisor terminate the agreement?
The franchisor may terminate the agreement on any grounds available by law [p.197], including if the franchisee fails to comply with any lawful provision of the franchise agreement and does not cure such failure within a reasonable time, which cannot exceed 30 days [p.6].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
No, you do not receive an exclusive territory [p.39]. This isn't specified in the excerpts.
What training and ongoing support does the franchisor provide?
The franchisor provides initial training and ongoing support for franchisees. Initial training must be completed before opening the business, typically within 120 days of signing the Franchise Agreement, and involves approximately 60 hours of virtual or on-site training [p.37]. Ongoing support is also provided throughout the operation of the business [p.64].
How many franchised outlets are there, and how many have closed or been terminated?
As of December 31, 2025, there were a total of 22 territories operating under Heating + Air Paramedics franchises. According to [p.50], one franchisee had their Franchise Agreement terminated during the fiscal year ended December 31, 2025.
Does the franchisor share any financial performance or earnings information?
The franchisor may provide actual records of an existing outlet if purchased, but it does not make representations about a franchisee's future financial performance. The franchisor can share financial and sales information with other franchisees, governmental authorities, or publicly disclose this information in its franchise disclosure document [p.128]. Additionally, the franchisor is permitted to provide financial performance information under certain conditions as outlined in Item 19 of the FDD [p.46].
What am I restricted to selling, and where must I buy supplies?
You are restricted to offering only those products and services approved by the franchisor. You may not offer any unauthorized products or services, and the franchisor reserves the right to add or remove authorized items over time [p.117]. For supplies, you must purchase from suppliers designated by the franchisor, which could include the franchisor or its affiliates, unless otherwise specified [p.126, p.41].