Hi all, I want to start a home inspection business and am wondering if the franchise route may be the way to go. I’m aware of the costs of starting one, and how the main benefits would be help with marketing and business model. I’m determined, but have little background in business, marketing, real estate, or construction.
HomeTeam Inspection service has large portions available in my city that they say have from 165,000-195,000 owner occupied households. AmeriSpec and WIN both said they have territory in my city to start a franchise, but I’m concerned it’s not the best territory in town and will limit my potential. AmeriSpec said the territory they are offering has about 22,000 “real estate transactions” per year. National Property Inspections said they’re already saturated in my city (no territory available). The others I’m still in the process of reaching out to are Pillar to Post, HouseMaster, BrickKicker, and 1st Inspection Services.
Can any current or previous franchise owners give me their 2 cents? Is anyone familiar with any of these (or other) home inspector franchises? Particularly which ones are best or have the best reputation? Do you think it would be a good option for me given my limited experience, or would I be better off in the long run starting my own business?