Plumbing Paramedics Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$124,375 - $309,000
Total US Locations
15
Business Summary
Plumbing Paramedics operates businesses that provide residential plumbing and related services. These services are delivered to customers in single-family homes and multi-unit apartment buildings.
Corporate History
PHP Franchise, LLC, the franchisor for Plumbing Paramedics, was formed as a Delaware limited liability company on October 13, 2021. The company began offering Plumbing Paramedics franchises in November 2021. Prior to this, a predecessor company, Plumbing Heating Paramedics, LLC, operated a residential heating and air conditioning business, starting in February 2011, and owned some of the current trademarks. This predecessor was sold to a franchisee in February 2024.
Financial Overview
Investment Range
$124,375 - $309,000
Franchise Fee (High)
$40,000
Royalty %
5%
Marketing %
2%
Equipment Costs (Low)
$9,000
Equipment Costs (High)
$33,000
Working Capital
$35,000
Audited Financials
Yes
Offers Financing
Yes
Audit Opinion
Unqualified opinion
Financial Health Notes
The auditor's report for HS Group Holding Company, LLC, the franchisor's guarantor, includes an emphasis of matter regarding a restatement of members' equity as of January 1, 2024, to correct a misstatement. The consolidated statement of operations for the year ended December 31, 2024, shows a consolidated net loss of $13,009,103. The FDD also highlights a special risk: the guarantor's financial condition "calls into question the franchisor's financial ability to provide services and support" to franchisees.
Financing Details
Plumbing Paramedics may offer financing for the entire initial franchise fee to qualified candidates based on creditworthiness. If a franchisee accepts this financing, they must sign a Promissory Note. The loan is repayable via electronic funds transfer in monthly installments for up to 24 months, with an annual interest rate of 12%. The Promissory Note can be prepaid at any time without penalty. Late payments incur a 5% charge after 10 days, with additional 5% charges for every 30-day period the payment remains overdue. A default on the Promissory Note is considered a default under the Franchise Agreement, which could lead to termination.
Performance Metrics
Total US Locations
15
Franchised Units
15
Corporate Units
0
Avg Square Footage
1,000
Franchising Since
2021
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Plumbing Paramedics has no litigation required to be disclosed in Item 3 of its Franchise Disclosure Document, indicating a clean legal record for the franchisor.
Bankruptcy History
Plumbing Paramedics has no bankruptcy history to disclose in Item 4 of its Franchise Disclosure Document. This means neither the franchisor nor its key personnel have been involved in any bankruptcy proceedings.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their Plumbing Paramedics franchise, franchisees must provide written notice of their intent to renew at least six months before their current term expires. They must be in good standing, not be in default of any agreements with Plumbing Paramedics or its affiliates, and must not have received three or more default notices during the initial term, regardless of cure. Franchisees must also be current on all payments due and sign the then-current franchise agreement, which may have different terms. A renewal fee, equal to 20% of the then-current initial franchise fee for new franchisees, is also required.
Training & Support Program
Franchisor Assistance
Plumbing Paramedics provides pre-opening assistance by reviewing and approving the franchisee's site based on size and operational requirements. The franchisor offers an initial training program for up to four attendees, including the principal owner, which covers facilities, management, marketing, operations, recruiting, sales, customer service, and technology. After opening, Plumbing Paramedics provides ongoing support by periodically updating operational standards, offering recommendations for software and equipment, setting accounting guidelines, and furnishing reasonable operating assistance through representatives. Franchisees can purchase branded email user licenses and utilize the franchisor's website development and maintenance services for their online presence.
Initial Training Hours
60
Training Location
Virtual or Noblesville, IN
Ongoing Support
After opening their Plumbing Paramedics franchise, franchisees receive ongoing assistance from the franchisor, including periodic updates to operational standards for computer programs, products, services, and equipment. Plumbing Paramedics also provides recommendations for software, vehicles, office design, inventory, and marketing practices. The franchisor sets accounting and reporting guidelines and offers reasonable operating assistance through its representatives. Franchisees can also purchase branded email licenses and utilize the franchisor's support and management services for their Internet presence. Plumbing Paramedics may also conduct additional training programs or conventions, which franchisees may be required to attend.
Franchise Requirements
Ideal Candidate Profile
Plumbing Paramedics seeks qualified individuals or entities whose principal owner is prepared to manage the franchised business on a full-time basis, unless a written exception is approved. The principal owner must also be the license holder if required by law. While not explicitly stated as a requirement for the franchisee, the franchisor recommends that any on-site supervisor be a properly licensed technician or have similar plumbing services experience. The franchisor evaluates candidates based on qualifications, including creditworthiness.
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
Yes
Operational Details
Location Type
commercial
Owner Participation
Full-Time
Territory Type
non-exclusive
Territory Size Requirements
Plumbing Paramedics awards territories defined by zip codes, Census Tracts, or other boundaries, which must include a minimum population of 100,000 single-family homes based on United States government census data at the time the Franchise Agreement is signed.
Staffing Notes
The principal owner of a Plumbing Paramedics franchise or the individual franchisee must manage the business full-time, unless PHP Franchise, LLC provides written approval for another arrangement. If an on-site supervisor is designated, this person must successfully complete the Initial Training Program to the satisfaction of PHP Franchise, LLC and receive their approval. PHP Franchise, LLC suggests that the on-site supervisor be a licensed technician or have similar experience in plumbing services. Spouses or domestic partners of owners are also required to sign a non-disclosure and non-competition agreement. The initial training provided by PHP Franchise, LLC covers topics such as managerial, sales, and customer service.