Home Inspection Franchise with 8 Territories

Not Disclosed, IL
Cook County

Cook County


Asking Price: Annual Revenue:
$400,000 $394,920

Services: Real Estate


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RE: Home Inspection Franchise with 8 Territories Broker: Kristina Wynne

Quick Facts

Asking Price: $400,000
Annual Revenue: $394,920
Net Profit: Not Disclosed
Cash Flow: $147,579
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 6
BBN Listing #: 971262804
Broker Reference #: 041621-320390

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Business Overview:

A respected, well established home inspection company that specializes in inspections for resale homes and investment properties (multi-family and commercial). This franchisee has been an owner since 1983, has since performed in excess of 48,000 inspections, and currently owns 8 territories. Based upon the present sales of a new, non-established territory, the franchisor values the territories at $655,550. The 8 territories include most of the city of Chicago, South DuPage County, Will County, South Cook County and Northwest Indiana.

This business comes with three inspectors who are licensed in Illinois and Indiana. Additionally, most referrals and repeat business comes from established relationships with realtors, past customers, family and friends! The current franchisee works approximately 25 hours per week in the business and is not a licensed home inspector. The acquisition of this business does not require you, as the new franchisee, to have a home inspection license.

Business has been steady, even during the pandemic business was very good. This business in a great opportunity for anyone who wants to own a franchise that offers consistent cash flow and growth opportunities.
This Building Inspection Franchise System was founded in 1979. Since then, they have grown to over 370 locally owned and operated offices across North America. Their trusted team of inspectors has collectively performed over 2.5 million inspections for prospective homebuyers.

This franchise is the oldest and most respected name in home and building inspections throughout North America being named the No. 1 Home Inspection Franchise in Entrepreneur Magazine’s Franchise 500 for three straight years, more than any other home inspection franchise.

This inspection company continues its unmatched history of franchisee satisfaction. This honor is given by the Franchise Business Review, which annually recognizes franchisors with the highest overall franchisee satisfaction based on it’s survey of franchisees.

This brand was established in the Chicagoland area by Rich Hofeld when he became a franchisee in 1983. Since that time, Rich’s office has performed more than 48,000 inspections.
8 territories owned to be able to service the majority of the Chicagoland area.

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Reason for Selling:

retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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