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Updated RecentlyHomeTeam Inspection Service vs Home Preservation Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeTeam Inspection Service vs Home Preservation Systems 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 | $75,000 |
| Franchise Fee | $35,000 - $55,000 | $28,000 |
| Royalty Fee | 6%-4% | 8% |
| Advertising Fee | 3% | - |
| Year Founded | 1991 | 1992 |
| Year Franchised | 1992 | 2002 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 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/No |
| Start-up Costs | No/Yes | No/No |
| 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks |
| 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: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | No |
| International Expansion | Yes | No |
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 Home Preservation Systems
Do you know how to offer quality service when it comes to preserving amazing and beautiful homes, along with all the upkeeps a new house needs? If so, then Home Preservation Services Franchise is perfect for you to release your valuable skills and make a living off of their quality name and services.
Home Preservation Services is committed to providing homeowners with complete preventive home maintenance services at unmatched levels of quality. They pride themselves in fostering innovation and embracing technology to deliver outstanding, efficient and cost effective services to their clients.