HomeTeam Inspection Service
#407 Franchise 500| Home inspections

HomeTeam Inspection Service
Home inspections

About
Founded

1992

Franchising Since

1992 (28 Years)

Corporate Address

575 Chamber Dr.
Milford, OH 45150

Leadership

Paul Spires, CEO

Financial Requirements
Initial Investment

$44,800 - $64,800

Net-worth Requirement

$100,000

Liquid Cash Requirement

$25,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $55,000

Ongoing Royalty Fee

4-6%

Ad Royalty Fee

3%

Financing Options

HomeTeam Inspection Service has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

10-15% larger territory

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

33 hours

Classroom Training:

33+ hours

Additional Training:

Licensing courses

Absentee Ownership Allowed
Number of Employees Required to Run:

2

HomeTeam Inspection Service is ranked #407 in the Franchise 500!
Bio
HomeTeam Inspection Service, founded in 1992, uses a team of inspectors on every home inspection and offers 48-hour availability, detailed reports, and multiple ancillary services.
Cost
Initial Investment: Low - $44,800 High - $64,800
Units
+3.0%+5 UNITS (1 Year) +14.5%+22 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: June 18th, 2020