Inspect-It 1st LLC

At a Glance

Products & Services: Property inspection

Number of Locations: 39

Total Investment: $34.4K - $53.4K

Founded: 1991

Began Franchising: 1998

About Inspect-It 1st LLC

Richard Schneider founded Inspect-It 1st Property Inspection in 1991. Based in Phoenix, Arizona, the company began franchising in 1998.

Franchisees inspect a building's roof, walls, ceilings, attics, floors, soffits, foundations, doors, windows and more. Other services include construction phase inspections, listing inspections, commercial inspections, construction consultants, expert witness testimony and real estate arbitration.

Franchise Units

Year U.S. Canadian International Company Owned
2010 39 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Arkansas, Arizona, California, Colorado, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $34,400 - $53,400
Franchise Fee: $26,900
Ongoing Royalty Fee: $200-400/mo.
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $10,000 - $15,000
Operations
Franchise can be run from home. 2% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: In Phoenix, AZ : 10 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Ad slicks,

Franchise Ranking History

Franchise 500®: #486 (2010),