Why the Initial Investment in a Home Inspection Franchise is Worth It
As a prospective franchise, you’re looking for opportunities that minimize your costs, and yield the greatest chance of turning a profit. Unfortunately, many industries are in decline or oversaturated right now, or are dominated by a single company that has a monopoly on the market. The home inspection franchise industry is unique in that we’ve been thriving in recent years, and only are projected to continue growing. We’ve designed our model to minimize fees and set you up for the highest possible return, as well as give you all the support you need to capitalize on our booming industry.
Every new franchisee wants to invest in a in a low-cost franchise with as few upfront expenses as possible. We want you to launch your franchise without feeling like you’ve broken the bank, or that you’re starting from a disadvantageous position. That’s why we’ve kept our franchise fee at a low $18,900, with affordable financing available for $9,000 of the total. If you’re a veteran, or an existing home inspector, there’s further financing available. We also only require 7% of gross revenue as a royalty payment. But these costs are only worth your investment if they yield profitable returns. Since 2012, the average gross revenue of a Pillar To Post franchisee has increased by 35%, and is continuing to grow steadily. Our low startup costs and average ROI make us one of the most affordable home inspection franchise opportunities in North America.
Don’t worry if you don’t have a ton of business experience. We don’t expect our new franchisees to know everything; that’s why we have a team of 30-plus people dedicated to assisting you in growing your franchise and guiding you toward success. We assign each of our franchisees a personal business coach, equipped to help you achieve your goals. Our business coaches have years of franchise experience, and are specially trained to address any questions you may have, and provide the tools and resources you need to make your investment worthwhile.
A Healthy Industry
Many industries are saturated with similar franchises, and while competition is healthy, too much of it can be bad for business. In the home inspection franchise industry, we don’t have that problem. There is no monopoly on the home inspection industry, and no single company dominating our space, meaning there’s plenty of room for new franchisees to make their mark. Home inspection is a $3 billion industry right now, with 4.6% annual growth. Millennials eager to settle into their first house are expected to comprise 33% of home-buyers this year. Timing is essential in franchising, and now is a great time to invest in a home inspection franchise. Nearly six million Americans purchased homes in 2016, with that number only on the rise.
If you’re ready to take the plunge and invest in a home inspection franchise, reach out to us here to get started.