HVAC Industry Snapshot

HVAC – The Undervalued Industry

1. There are approximately 49,500 HVAC dealerships across America. Most have five employees or less.
2. The average net profit of the heating and air conditioning contractor is just 2.5% – before taxes.
3. The average owner’ salary is only $36,400.00 per year. Assuming a sixty-hour workweek; that’ just $11.67 per hour.
4. With an annual business failure rate of 37%, it is among the highest of any industry group.
5. Four out of every five owners do not have health insurance – for themselves or their families.