HomeTeam Inspection Service has been a prominent provider of home inspection services in the United States since its inception in 1992. Based in Milford, Ohio, the company has built a reputation for delivering trusted and precise home inspections over the decades.
That same year, HomeTeam began franchising to disseminate their unique team-based inspection approach, designed to provide more efficient and thorough inspections.
HomeTeam's distinctive strategy involves deploying a team of inspectors to each property. This not only accelerates the inspection process but also ensures a more comprehensive evaluation.
This team approach sets HomeTeam apart from traditional single-inspector models, offering a significant edge in the home inspection sector.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Below are some of
HomeTeam Inspection Service
key competitors in the
Other Home Services
sector.
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$74,000
-
$50K - $100K
$101,000
n.a.
$0
n.a.
n.a.
n.a.
n.a.
$128,000
-
$100K - $200K
$196,000
n.a.
$373,000
66.0%
n.a.
36.0%
n.a.
$72,000
-
$50K - $100K
$106,000
n.a.
$555,000
53.9%
n.a.
n.a.
n.a.
$189,000
-
$100K - $200K
$238,000
n.a.
$663,000
72.2%
n.a.
18.2%
n.a.
$266,000
-
$200K - $500K
$410,000
n.a.
$1,139,000
92.0%
n.a.
n.a.
n.a.
$18,000
-
Under $25K
$84,000
n.a.
$0
n.a.
n.a.
n.a.
n.a.
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A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
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The franchisor offers an essential training program that must be attended by the franchisee, a principal, or a designated representative overseeing the franchised business.
Components of the Training Program
Attendance and Participants
Schedule and Frequency
The franchisor provides territory protection to franchisees. Each franchisee's territory is primarily designated by Postal Codes and must be a single, undivided geographic area containing between 50,000 and 150,000 owner-occupied households.
The franchisor retains the right to specify a larger or smaller territory based on market size or other relevant factors.
This territory protection is designed to prevent internal competition and ensure each franchisee has a fair opportunity to grow their business within their designated area.
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