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Below is an in-depth analysis and side-by-side comparison of EnviroSpect vs HomeTeam Inspection Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $26,600 - $39,200 | $50,100 - $76,800 |
Franchise Fee | $14,500 | $35,000 - $55,000 |
Royalty Fee | 6% | 6%-4% |
Advertising Fee | - | 3% |
Year Founded | 2004 | 1991 |
Year Franchised | 2004 | 1992 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | On-The-Job Training: 25 hours Classroom Training: 40 hours Additional Training: Pretraining |
Support | Meetings, Internet, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks, National media, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
Franchise can be run from home.
Absentee ownership of franchise is NOT allowed. |
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 allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | Yes |
Looking for environmental franchises? ENVIROspect is a full service environmental testing, consulting and remediation company.ENVIROspect was established in 1997 to bring highly qualified, multi-disciplined professionals to the environmental services marketplace.ENVIROspect's professional expertise and reputation for integrity have enabled them to emerge as an industry leader.They can manage all aspects of environmental assessments and remediation. Service offerings include mold investigations and remediation, indoor air quality analyses, disaster and real estate inspections. They are in an expansion mode now, so contact them today to learn more about their franchise opportunities.
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.