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Jason Rager is President of Franchise Analyzer.

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Sunday
Jan312010

Inspect-It Franchise

Inspection company

Richard Schneider founded Inspect-It 1st Property Inspection in 1991. Based in Phoenix, Arizona, the company began franchising in 1998.

Franchise business owners inspect a building's roof, walls, ceilings, attics, floors, soffits, foundations, doors, windows and more. Other services include construction phase inspections, listing inspections, commercial inspections, construction consultants, expert witness testimony and real estate arbitration.

Start-up Costs & Franchises Fees

What is the total cost to open a Inspect-It Franchises?

Total Cost: $33,000 USD -$51,000 USD
Total Franchise Fees: $24,900-$27,900
Ongoing Royalty Fees: 6-7%
Ongoing Advertising Fees:

Contact Information for Inspect-It

Inspect-It 1st Property Inspection
8541 E. Anderson Dr., #102
Scottsdale, AZ
85255

Phone Number: (480)355-3250
Toll Free: (800)510-9100
Fax Number: (480)355-3255

Franchise Homepage:

Historical Expansion

In what year did Inspect-It begin operations? 1991
When did Inspect-It begin selling franchises? 1998

Year United States Canada International Corporate
2005 60 0 0 0
2004 59 0 0 0
2003 61 0 0 0
2002 38 0 0 2
2001 11 0 0 2

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

0% of all franchise business owners own more than one franchise location.

Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)

Jason Rager's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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