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Why 2022 Is the Year to Buy a Heating + Air Paramedics Franchise

The emerging HVAC franchise presents a lucrative growth opportunity in one of franchising’s hottest industries.

By Paul Mueller1851 Franchise Contributor
SPONSOREDUpdated 2:14PM 03/02/22

You’ve decided to buy a franchise. Now, the looming question is … which one?

There are five common categories prospective franchisees should look at when deciding which franchise is right for them: product, vision, investment, availability and validation. Heating + Air Paramedics — an emerging franchise under the Threshold Brands umbrella, the multi-brand franchisor that houses home services brands including MaidPro, Men in Kilts, USA Insulation, Sir Grout, FlyFoe, Pestmaster Services and Heating + Air Paramedics’ sister brand, Plumbing Paramedics — impresses in each category, presenting a rare opportunity for prospective franchise owners.

“Home services is a hotter industry than ever before, offering vital services that customers value, especially now,” said R. Scott Sutton, chief growth officer at Threshold Brands. “The COVID-19 pandemic has accelerated the need for Americans to improve their homes.”

In 2018, the home services market was valued at more than $105 billion and is projected to reach more than $219 billion by 2026. This means that now is the time to capitalize on this booming industry and the constantly increasing customer demand.

Here are a few reasons why 2022 is the year to buy a Heating + Air Paramedics franchise.

An Essential, Pandemic-Proof Business

HVAC is part of a line of home services that has proven to be recession-resistant. While other industries have been hit hard by COVID-19, the in-demand home services industry — including HVAC — is expected to see 53 percent growth between 2020 and 2024, and the home services market is expected to grow by $4.7 billion worldwide between 2021 and 2025.

HVAC is an essential service that everyone needs, regardless of where they live. Because our world has changed so drastically in the wake of the pandemic, Heating + Air Paramedics presents a unique opportunity for franchisees in an otherwise uncertain landscape.

More People Are Working from Home

With many offices across the country still shut down and some pivoting to remote-friendly or remote-only employees, more people are working from home than ever before. This means that, on average, people are spending a greater amount of time in their homes and are using the time to catch up on often neglected maintenance, like updating their HVAC units.

An increased amount of time at home also means that people are putting more strain than ever on their HVAC systems, so they need businesses like Heating + Air Paramedics to maintain and fix their home’s inner workings..

This swift pivot to remote work has also led to an exodus from large cities. As people move to the suburbs, residential construction in rural areas is on the rise. Housing starts in the U.S. surged 11.8 percent to an annualized rate of 1.679 million in November 2021 — well above the market consensus of 1.568 million — housing demand remains strong despite the fact that higher prices for building materials, supply constraints and labor shortages are slowing construction times. Increased building means higher demand for HVAC, and more customers to service in these growing markets nationwide.

Weather is Changing 

2021 was a historic weather year. 

All-time cold records were broken or tied in more than 200 locations in the central states alone from February 11-19, and the accompanying storms made for the costliest U.S. winter weather event since 1980, causing an estimated $21 billion in damage.

Just a few months later, heat records were set across the Pacific Northwest as the country experienced the hottest summer in 126 years on record, according to the NOAA.

The increase in extreme and unpredictable weather across the country — which, by all indications, shows no signs of slowing — has led to increased demand for HVAC suppliers and service nationwide.

A Turnkey Franchise Model

Because a Heating + Air Paramedics franchise doesn’t require a brick-and-mortar retail space, franchisees can begin servicing customers within three months of signing — an incredibly short timeline in the franchise world. With this short onboarding period, franchise owners can jumpstart their business sooner, become profitable faster, and have the ability to begin building a strong customer network almost immediately. 

As an emerging franchise brand, markets are wide open across the country and new franchise owners can take their pick of desirable territories, an uncommon offering within the fast growing HVAC industry. And, as part of the Threshold Brands umbrella, Heating + Air Paramedic franchise owners receive the support of an experienced multi-brand franchisor and have the option to grow their brand portfolio within the Threshold Brands network, growing laterally and expanding their home services offerings to their existing customer base. 

“Under everything else, we are a family-run business,” said Ryan Carpenter, Heating + Air Paramedics founder and brand president. “We aim to provide every franchise owner, both new and longstanding, with the support and guidance they need to run a thriving business. We want to see them succeed like they’re members of our family, and there has never been a better time to join the team.” 

The initial investment to open a Heating + Air Paramedics franchise ranges from $102,250 - $205,800. For more information on franchising with Heating + Air Paramedics, visit https://www.thresholdbrands.com/heating-air-paramedics.

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