- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$31K - $115K
- Units as of 2023
-
11 37.5% over 3 years
Company Overview
About 1st Inspection Services
| Industry | Services (Other) |
|---|---|
| Related Categories | Home Inspections |
| Founded | 2003 |
| Parent Company | 1st Inspection Services Inc. |
| Leadership | Kal Patel, President/CEO |
| Corporate Address |
5720 Gateway Blvd., #104 Mason, OH 45040 |
| Social | Facebook, Twitter, LinkedIn |
Business Overview
| Franchising Since | 2005 (19 years) |
|---|---|
| # of employees at HQ | 7 |
| Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| # of Units | 11 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a 1st Inspection Services franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$25,000 |
|---|---|
|
Initial Investment
|
$31,350 - $115,000 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
$10,000 - $100,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
8% |
|
Term of Agreement
|
20 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | 1st Inspection Services offers in-house financing to cover the following: franchise fee, startup costs, equipment |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 40 hours |
|---|---|
| Classroom Training | 120 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 1-2 |
|
Are exclusive territories available?
|
Yes |
Additional Rankings
Curious to know where 1st Inspection Services ranked on other franchise lists? Find out below.
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