Timing is important when it comes to franchising. Luckily, now is the perfect time to invest in a home inspection industry. Read on to learn more about why.
Before making an investment in any new business, owners should be 100% that the investment will be worthwhile, and that means doing your due diligence on the industry you'll be entering. Starting a business in a thriving industry, with a positive outlook, gives you a great chance to grow that business in alignment with your expectations. Unfortunately, many industries are oversaturated with competition, or dominated by a single company. That's not the case in the home inspection industry. Our industry has been steadily growing for years, especially as Americans are looking to buy homes in record numbers, and there's plenty of room for newcomers to make their mark. With a Pillar To Post franchise, you'll be able to capitalize on this demand, and receive all the tools you need to take advantage of our thriving industry.
Investment Fees
Choosing to invest in a new business usually means an investment that is as affordable as possible. You should be able to launch your franchise without feeling like you've drained your bank account. That's why we keep our franchise fee at a low $21,900, with affordable financing available for $9,000 of the total. For veterans, or those already in the industry, further financing is available. We also only require 7% of gross revenue as a royalty payment. Our startup costs make us one of the most affordable property inspection franchise opportunities in North America, which positions you to see a quicker return on your investment.
Our Industry
One of the most important things to understand about the home inspection industry is that there's plenty of room for new players to make a name for themselves. Unlike many other industries, no single company has a monopoly, meaning there's plenty of room for new franchisees to make an impression. Home inspection is a $3 billion industry right now, and it's expected to grow 10 percent by 2026. Millennials in particular are buying new homes at a faster rate than ever, and are expected comprise a large portion of the market this year.
Real Estate Partners and Assistance
The best part about entering the home inspection industry with Pillar To Post is getting to take advantage of our vast network of industry partners. This includes current franchisees and real estate agents, on whom you can lean for advice and guidance. Our extensive network is integral to our support infrastructure, and it's always at your disposal for relationship building. We connect franchisees with one of the world's top real estate firms, making the site selection and lease negotiation processes as smooth as possible. Our industry connections will help you meet homebuyers, real estate agents, and spread awareness of your franchise throughout the community.
To take full advantage of the thriving home inspection industry with a Pillar To Post franchise, reach out to us.