1st Inspection Services performs home inspections, which determine the soundness of homes and root out any potential safety issues. Both home buyers and sellers seek out this service. For home buyers, an inspection is a way of knowing precisely what condition a home is in before purchasing it. For home sellers, having an inspection done before putting their homes on the market allows them to find any faults in advance. Having this knowledge allows sellers to make any necessary repairs in order to sell the house at a higher price. Altogether, 1st Inspection Services has conducted over $1.8 billion in home inspections.
Full Franchise Information
1st Inspection Services Franchise Opportunities - Information
Owning a 1st Inspection Services franchise has its perks: franchisees may run the business out of their own homes, plus most franchisees only need to hire one or two employees to help run the operation. All franchisees run their own businesses; absentee ownership is not permitted.
1st Inspection Services Franchise Opportunities – History
1st Inspection Services was founded in 2003 and began franchising two years later. The privately owned company now has six locations, all of which are owned by franchisees.
1st Inspection Services Franchise Cost/Initial Investment/1st Inspection Services Franchise Income
1st Inspection Services has a franchise fee that ranges between $25,000 and $60,000 for a 5-year renewable agreement, although the total initial investment can fall between $21,350 and $105,000. A royalty fee of 8% of all sales must also be paid to 1st Inspection Services on an ongoing basis. To be considered, potential franchisees must have a net worth of at least $100,000, with more than $12,500 available in liquid assets.
1st Inspection Services Business Opportunities: Other Information
Franchisees receive one month of training – three weeks at the company headquarters, and one week at the site of the new franchise. 1st Inspection Services also provides newsletters, meetings, grand opening assistance, marketing help, and operation and safety procedures to its franchisees.