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Latest / Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

HVAC vs. Security: If You Had $5M, Where Would You Invest?

If someone handed you $5 million… would you buy an HVAC business or a security/alarm business?

In this episode of Owned and Operated, John Wilson is joined by Stephen and Collin from the Entry Exit Podcast to debate where they’d place the bet.

HVAC has massive buyers, big platforms, and strong exit demand — but it’s also weather-driven, cyclical, and much less “truly recurring” than most operators think. Security (especially commercial security) can offer real monthly RMR, faster tech upgrade cycles, and sticky accounts — but it comes with licensing complexity, scope creep, and higher-stakes…

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