Inspect-It vs HomeTeam Inspection Service Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Inspect-It vs HomeTeam Inspection Service including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Inspect-It Franchise
HomeTeam Inspection Service Franchise
Investment $32,400 - $43,400$50,100 - $76,800
Franchise Fee $24,900$35,000 - $55,000
Royalty Fee 200-$400/mo.6%-4%
Advertising Fee $50/mo.3%
Year Founded 19911991
Year Franchised 19981992
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements
 
Inspect-It Franchise
HomeTeam Inspection Service Franchise
Experience -
  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Inspect-It Franchise
    HomeTeam Inspection Service Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Inspect-It Franchise
    HomeTeam Inspection Service Franchise
    Training -On-The-Job Training: 25 hours Classroom Training: 40 hours Additional Training: Pretraining
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchise can be run from home.

    0% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 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)

    Expansion Plans
     
    Inspect-It Franchise
    HomeTeam Inspection Service Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion NoYes

    Company Overviews

    About Inspect-It

    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.

    Veteran Incentives   10% off franchise fee

    About HomeTeam Inspection Service

    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.

    Veteran Incentives  10-15% larger territory

    "Entrepreneur

    #407 in Franchise 500 for 2020.
    #251 in Franchise 500 for 2021..