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Updated RecentlyHomeTeam Inspection Service vs National Property Inspections Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeTeam Inspection Service vs National Property Inspections including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,100 - $76,800 | $40,700 - $43,000 |
| Franchise Fee | $35,000 - $55,000 | $34,900 |
| Royalty Fee | 6%-4% | 8% |
| Advertising Fee | 3% | - |
| Year Founded | 1991 | 1987 |
| Year Franchised | 1992 | 1987 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | - |
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/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | On-The-Job Training: 25 hours Classroom Training: 40 hours Additional Training: Pretraining | On-The-Job Training: 40 hours Classroom Training: 120 hours Additional Training: Optional field training |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Ad Templates National Media Social media SEO Website development Email marketing |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations |
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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Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | Yes |
| International Expansion | Yes | Yes |
Company Overviews
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
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About National Property Inspections
Founded by Roland Bates in 1987, National Property Inspections Inc. (NPI) provides commercial and residential inspections, as well as government, insurance, and corporate relocation inspections. NPI offers computerized on-site inspection reporting that meets standards set by the American Society of Home Inspectors and the National Association of Home Inspectors. Inspectors provide property inspections that include the foundation, roof, furnace, air conditioning, electrical system, plumbing, lots and grounds.
Your NPI franchise fee pays for an inclusive franchise
start-up package that provides the vital tools and training you’ll need
to launch your own inspection business.
- Two weeks of training at the NPI Business and Inspection Training Academy
- State-of-the-art tablet computer, digital camera and portable printer
- Hotel, most meals and shared transportation
- Field training, which includes up to 40 hours in the field with an experienced NPI inspector
- Most inspection tools and equipment needed
- NPI proprietary inspection report software with ongoing upgrades
- Potential referrals from our established national accounts department
- Proven step-by-step sales and marketing plan
- Access to our automated marketing platform, NPI Hub
- A full-time marketing team to coach and support you
- Marketing materials and a professional, customizable website
- Training on Internet and social media marketing, website content management, and how to get your business found
- Seven-days-a-week field support
- Assistance with training your employees
- Flat 8 percent royalty, which is reduced to 6 percent once you reach $100,000 for the year
- No advertising royalty - you spend your advertising dollars locally
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Exclusive territory
Veteran Incentives 15% off franchise fee
- #364 in Franchise 500 for 2020.
- #264 in Franchise 500 for 2020.