Inspect-It 1st Franchise Cost, Profit, Payback Period 2024

Inspect-It 1st Franchise

Inspect-It 1st is known as a top service for checking buildings and houses. If you want to grow your business choices, the Inspect-It 1st Franchise could be a great chance for you. It is one of the 10 Best Home Inspection Franchises of 2024 that you must own.

In this article, we will look at the money, fees, and other costs of this franchise. Let’s start.


About Inspect-It 1st

Ideal Candidate For Inspect-It 1st 

Inspect-It 1st is a leading property service. They help real estate agents and check homes and buildings. The company started in 1991 and began franchising in 2003.

It has more than 29 locations and over 25 years of experience. They are known for their detailed reports, training, and quality service.


Franchise Model Inspect-It 1st

Cost Or FeesAmountf
Initial Investment$32,400 to $43,400
Franchise-Fee$24,900
Liquidity$20,000
Area RequirementN/A
Estimated Outlets29

Training & Support Of Inspect-It 1st

Inspect-It 1st trains new owners. The training covers marketing, technical matters, and how to run a home inspection business. The classes last more than two weeks. They also coach you and give you a special person to help you learn.


Ideal Candidate For Inspect-It 1st

You don’t need special skills to buy this franchise. You only need to be a hard worker who is interested in this kind of business. Anyone with the money to invest can buy Inspect-It. They want people who can work hard on their own.


Advantages Of Inspect-It 1st

They offer strong support and helpful tools like:

  • Knowledge and phone support
  • Calls from other owners
  • A business model that can change
  • Good marketing tools
  • Strong online help
  • Big areas to work in

Inspect-It 1st Franchise Profit & Revenue

The company made $85.7 million in 2022.

An average home inspector earns $78,900 per year, or up to $100,000 for full-time self-employed inspectors. Therefore, an Inspect-It 1st Franchise Owner could also expect to earn a similar amount, possibly within the range of $78,900 to $100,000 per year.

This is an estimate based on the general income data for home inspectors and may vary depending on factors like location, experience, and individual business performance.


Payback Period Of Inspect-It 1st

With an investment of $43,400 and an estimated franchise owner profit of $78,900, we can find the payback period of the company.

So, to find out how long it will take to earn back the initial investment:

Payback Period = Investment / Yearly Profit = $43,400/ $78,900= 0.5 or 5 months

Based on these figures, it will take approximately 5 months to 1 year to pay back the initial investment for Inspect-It 1st. This time period could be longer or shorter depending on your sales, revenue, and profit figures.

The home inspection franchise market offers several opportunities for entrepreneurs, such as franchises from Pillar To Post FranchiseThe Inspection BoysBrickKicker FranchiseNational Property Inspection, and TrueBlue House Care.


Inspect-It 1st Comparison

CompanyInspect-It 1stAmerican Leak Detection
Founded In19911987
Initial Investment$32,400 to $43,400$76,755-$259,550
Franchise-Fee$24,900$15,675-$20,900
Total Outlets29175
Annual Revenue$28 million$8.8 Million

 


Frequently Asked Questions

How many Inspect-It 1st franchises are there?

There are more than 29 Inspect-It 1st franchise locations in North America. 

Does Inspect-It 1st franchise offer a venture discount?

Yes, Inspect-It 1st offers 10% off on the franchise fee as a venture discount.

Is Inspect-It 1st a franchise?

Yes, Inspect-It 1st is a Nation’s Premier Property Inspection Franchise.

How much does an Inspect-It 1st franchise cost?

Who founded Inspect-It 1st?

Inspect-It 1st was founded in 1991 by Richard Schneider. The company began franchising in 2003.

Where is Inspect-It 1st headquartered?

The headquarters of Inspect-It 1st is located in Independence, Ohio, United States.

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