The HomeTeam Inspection Service
Home inspectionsBackground
Founded: 1991 Franchising since: 1992
Paul Spires, Jr., started a home inspection business in Cincinnati in 1992, and soon became so successful that he franchised the idea.
Franchisor is a privately-held company with 25 employee(s); 13 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: 100,000-500,000 population
Special Programs
The HomeTeam has an annual awards ceremony and gives advertising assistance to the recipients of its quarterly production awards. Many franchisees and the corporate office support Habitat for Humanity.
Paul Spires, Jr., started a home inspection business in Cincinnati in 1992, and soon became so successful that he franchised the idea.
HomeTeam's inspectors thoroughly examine a home's construction and equipment for defects and problems. HomeTeam services include pest inspections, radon testing, lead testing, asbestos testing, pool inspections and well or septic testing. The company also offers a 90-day warranty covering the home's mechanical and structural components.
The HomeTeam Inspection Service Inc. is affiliated with the Women's Council of Realtors, the Home Builders Association, the National Association of Home Builders and the Employee Relocation Council.
|
575 Chamber Dr. Milford, Ohio 45150 |
Phone: (800)598-5297
Franchisee Association
HTFAC (HomeTeam Franchise Advisory Council) |
Franchisor is a privately-held company with 25 employee(s); 13 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 225 | 8 | 0 | 0 |
| 2008 | -- | -- | -- | -- |
| 2007 | 367 | 12 | 0 | 0 |
| 2006 | 372 | 15 | 0 | 0 |
| 2005 | 354 | 12 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: 100,000-500,000 population
Special Programs
The HomeTeam has an annual awards ceremony and gives advertising assistance to the recipients of its quarterly production awards. Many franchisees and the corporate office support Habitat for Humanity.
Costs and Fees
|
Total investment: $46K-71.5K Franchise fee: $21.8K-39.8K |
Ongoing royalty fee: 6% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Cash liquidity requirement: $30K
Business Experience:
- Industry experience
- General business experience
- Marketing skills
Operations
- Franchise can be run from home
- 15% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 1
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 2 weeks
- At franchisee's location: As needed
- Annual meetings
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Other marketing support
- Access to national advertising fund
Rankings
Franchise 500® rank:
#209 (2008); #169 (2007); #164 (2006); #171 (2005);
Low-Cost Franchises:
#41 (2008); #36 (2007); #41 (2006); #41 (2005);
Top Home Based Franchises:
#47 (2008); #45 (2007); #44 (2006); #43 (2005);
America's Top Global Franchises:
#173 (2008); #132 (2007); #130 (2006); #131 (2005);
#209 (2008); #169 (2007); #164 (2006); #171 (2005);
Low-Cost Franchises:
#41 (2008); #36 (2007); #41 (2006); #41 (2005);
Top Home Based Franchises:
#47 (2008); #45 (2007); #44 (2006); #43 (2005);
America's Top Global Franchises:
#173 (2008); #132 (2007); #130 (2006); #131 (2005);