When considering opening a franchise, you're probably looking to pursue opportunities that allow you to minimize your costs and yield the greatest chance of turning a profit. Unfortunately, many industries are in decline or oversaturated with competition right now. The home inspection industry is in a unique position in that we've been thriving in recent years and are projected to continue growing in the future. Our model is designed to minimize fees, set you up for the best return on your investment, and give you all the support you need to take advantage of our booming industry.
Startup Costs
It's natural for franchisees to want a low-cost franchise with as few upfront expenses as possible, and we try to minimize those fees to make the startup process easy. We don't want you to feel like you've broken the bank when you launch your franchise. That's why we've kept our franchise fee at a low $18,900, with affordable financing available for $9,000 of the total. For veterans or existing home inspectors, further financing is available as well. We also only require 7% of gross revenue as a royalty payment. These costs are only worth your investment, however, 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.
A Healthy Industry
While many industries are saturated with similar franchises, the home inspection franchise industry doesn't have that problem. There is no monopoly on home inspection franchises, and no single company that dominates 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. Timing is essential in franchising, and now is a great time to invest in a home inspection franchise. Nearly 6 million Americans purchased homes in 2016, and that number only looks to grow in the future.
Support System
Not all new franchisees will have prior experience in franchising. Most don't, in fact. That's why we have a team of 30-plus people dedicated to helping you grow your franchise and guide you toward success. We assign each franchisee a personal business coach, equipped to help you achieve your goals. Our business coaches have years of franchise experience, are trained to address any questions you may have, and provide the tools you need to make your investment worthwhile.
If you want to learn more about our investment costs and what you can expect to receive from us, or if you're ready to take the first step toward owning a home inspection franchise, reach out to us here to get started.