World Inspection Network vs HomeTeam Inspection Service Franchise Comparison

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

Start-Up Costs and Fees
 
World Inspection Network Franchise
HomeTeam Inspection Service Franchise
Investment $27,425 - $39,985$50,100 - $76,800
Franchise Fee $15,675 - $20,900$35,000 - $55,000
Royalty Fee 7%6%-4%
Advertising Fee -3%
Year Founded 19931991
Year Franchised 19941992
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 5% of franchise fee-


Business Experience Requirements
 
World Inspection Network Franchise
HomeTeam Inspection Service Franchise
Experience
  • Marketing skills
  • Working knowledge of Windows-based software, comfortable selling & service, some familiarity with construction/remodeling a plus

  • Industry experience
  • General business experience
  • Marketing skills
    		•

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

    Training & Support
     
    World Inspection Network 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, 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, National media, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchise can be run from home.

    10% 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
     
    World Inspection Network Franchise
    HomeTeam Inspection Service Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion NoYes

    Company Overviews

    About World Inspection Network

    World Inspection Network (W.I.N.) was founded in 1993 by Tom and Dianne Knapp. In 1994 W.I.N. expanded into franchising. The privately held company has locations in more than 25 states across the United States. It is based in Seattle.
    When you partner with WIN Home Inspection, you become a part of the top rated home inspection franchise system, and a national brand. We offer a proven business model to help our franchisees achieve growth, flexibility and freedom with low initial investment in the evergreen, multi-billion dollar home inspection industry.

    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..