HomeTeam Inspection Service logo

HomeTeam Inspection Service

Home and commercial property inspections and related services
Investment
$65,100
Initial Franchise Fee
$45,000 - $65,000
Units
191
Growth Rate
-7%

Overview

Industry
Services (Other)
Founded
1992
Franchising Since
1992
Parent Company
Leadership
Josh Spires, VP
# of Employees at HQ
28

Units and Growth Chart

About HomeTeam Inspection Service

HomeTeam Inspection Service is one of the leading brands of in-home service inspections. Operations began in 1992, and HomeTeam Inspection Service has only honed its skills since then. 

HomeTeam Inspection Service believes that everyone deserves a better home and strives to provide homebuyers with professional home services. HomeTeam Inspection Services utilizes a team of experts on all components and systems of construction. Missing a significant problem in a home can be financially devastating, and most homebuyers don't know how to identify these defects. That’s when the professionals at HomeTeam Inspection Service take over and make sure that the homeowners know what they are getting with their exciting new purchase of a home.

Why You May Want to Start a HomeTeam Inspection Service Franchise

Starting a HomeTeam Inspection Service franchise means you can satisfy your passion for conducting inspections while giving back to your community. HomeTeam Inspection Service franchise has a relatively flexible business model with moderately low startup costs along with the opportunity to establish a successful business.

As a franchisee, you'll provide investors and homebuyers with home inspection services to ensure that a home is livable, safe, and up to code before a buyer makes the purchase. You'll ensure that a home is within regulation in several categories, including plumbing, foundation, electrical systems, basements, attics, and more.

HomeTeam Inspection Service is a leader in marketing, operations, and technology. The brand continues to set its standards high as one of the leading home inspection franchises in the industry. With over 175 locations across the U.S., HomeTeam Inspection Service appears to be one of the only franchises in the industry that trains its franchisees to develop a powerful approach to their specific territories. This approach may help you establish a flourishing business that will thrive in the real estate market.

What Might Make a HomeTeam Inspection Service Franchise a Good Choice?

To be part of the HomeTeam Inspection Service franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising, royalty, and potential renewal fees. It may be a good idea to speak to existing franchisees and ask questions to the HomeTeam Inspection Service team when deciding if the opportunity is right for you. 

Suppose your net worth and available liquid capital match the brand’s requirements. In that case, you may qualify to open a HomeTeam Inspection Service franchise, and you can get started with an initial investment.

Your biggest ally as a HomeTeam Inspection Service franchisee may be word of mouth as you conduct inspections. Clients may refer other people to you and keep your business flowing. So make sure you have lots of business cards to share!

How To Open a HomeTeam Inspection Service Franchise

As you decide if opening a HomeTeam Inspection Service franchise is right for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a HomeTeam Inspection Service franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

In no time, you may be inspecting homes and businesses the HomeTeam Inspection Service franchise way. Arm yourself with the opportunity to start your own HomeTeam Inspection Service and submit an inquiry form today! 

Investment Details

Initial Franchise Fee
$45,000 - $65,000
Initial Investment
$65,100 - $91,800
Net Worth Requirement
$100,000
Cash Requirement
$25,000
Royalty Fee
4%-6%
Ad Royalty Fee
3%
Technology Fee
$100/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
15% larger territory

Available Territories

Franchising opportunities available in the following regions

United States International

Continents

Canada

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
27 hours
Classroom Training
44 hours

Ongoing Support

Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Ranking History

HomeTeam Inspection Service performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022