HomeTeam Inspection Service vs Property Damage Appraisers Franchise Comparison

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

Start-Up Costs and Fees

 
HomeTeam Inspection Service Franchise
Property Damage Appraisers Franchise
Investment $50,100 - $76,800$75,888 - $653,425
Franchise Fee $35,000 - $55,000$50,000 - $600,000
Royalty Fee 6%-4%15%
Advertising Fee 3%-
Year Founded 19911963
Year Franchised 19921963
Term Of Agreement 10 years3 years
Term Of Agreement 10 years3 years
Renewal Fee --


Business Experience Requirements

 
HomeTeam Inspection Service Franchise
Property Damage Appraisers Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    HomeTeam Inspection Service Franchise
    Property Damage Appraisers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    HomeTeam Inspection Service Franchise
    Property Damage Appraisers Franchise
    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-
    Marketing Ad Templates National Media Regional Advertising 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)

    -

    Expansion Plans

     
    HomeTeam Inspection Service Franchise
    Property Damage Appraisers Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesNo

    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

    "Entrepreneur

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


    About Property Damage Appraisers

    Based in Fort Worth, Texas, Property Damage Appraisers inspect automobiles, homes and heavy equipment. The company also provides lease turn-in condition reports, vehicle protective coating inspections and mechanical warranty inspections