FranchiseVerdict
HomeTeam logo
FV-01215·STRONGExcellent91

HomeTeam

Real EstateFranchising since 1992Website
Investment
$65K – $92K
60th pct Real Estate
Avg revenue
$253K
11th pct Real Estate
Royalty
6.0%
27th pct Real Estate
Units
191
72nd pct Real Estate
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $65K – $92K including a $55K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $253K/year.
  • Rated STRONG with a risk score of 48/100. SBA loan default rate of 0.0% across 52 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
THE HOMETEAM INSPECTION SERVICE, INC.
Incorporated in
Ohio
HQ
575 Chamber Drive, Milford, Ohio 45150
Auditor
Monnier & Co.
Audited financials
Franchisor revenue
$4.8M
vs $4.7M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one HomeTeam unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $252,832
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $65K–$92K
Working capital
$
FDD reports $2K–$4K

Unlevered ROIC · per unit

43%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$35K
EBITDA margin
14.0%
Total invested
$81K
Payback
28 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 HomeTeam units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$354K

on $1.8M purchase

Total debt

$1.4M

SBA $0.9M + senior + seller note

Overview

About

HomeTeam franchisees operate pest control and inspections services, performing residential and commercial property treatments, preventative maintenance, and termite/WDO inspections. Day-to-day operations involve customer acquisition/retention, technician scheduling/oversight, service delivery, and managing recurring revenue contracts typical of service-based franchise models.

CEO
Paul D. Spires, Jr.
Founded
1992
FDD year
2026
States available
36

Item 7 · what it costs

The Vitals

Total investment
$65K – $92K
All-in to open one unit
Liquid capital
$2K – $4K
Cash you must have on hand
Franchise fee
$55K
Royalty
6.0%
percentage · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$253K
Per unit, per year
Median gross sales
Item 19 type
Gross Revenue
Sample size
126 units
vs category median 41 · large
Range (low → high)
$20K$1.3M
Cohort dispersion
Transparency
3 / 5
vs category median 0 / 5 · above
Revenue rank11th
vs Real Estate peers
Investment cost rank60th
Lower investment ranks lower (better)
Royalty rate rank27th
Lower royalty = lower percentile (better)
Unit count rank72th
vs Real Estate peers
Risk score rank9th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
191
Opened
6
Last reporting year
Closed
17
Turnover rate
8.9%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-4.5%
Net unit change last year
3-yr CAGR
-3.5%
Compounded over last 3 years
2024
191-9
Franchised units
2025
200
Franchised units
2026
198
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 8 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 8 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
52
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

48
Risk · 0-100
STRONG48 / 100

Declining franchisee base, undisclosed profitability metrics, recent regulatory action, and high fee structure relative to revenue create material investment risk.

Score breakdown · what drove the 48 / 100 rating

  1. 01MINORUnit count declining 4.5% YoY (191 units) indicates system contraction and potential franchisee struggles
  2. 02MEDNo disclosed net income data prevents ROI validation; with $252K avg revenue and 6% royalty, actual profitability is opaque
  3. 03MINORRegulatory compliance issue in May 2022 (California Consent Order, $10K penalty) suggests operational/governance gaps
  4. 04MEDHigh initial investment ($65-91K) relative to disclosed average revenue creates breakeven pressure
  5. 05MINOR10-year term with 6% royalty on declining unit base raises sustainability concerns

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Household count
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Ohio

Item 11

Training & Operations

Classroom training
44 hrs
On-the-job training
27 hrs
POS system
Inspection Support Network (ISN)
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

100 numbers

Locked
(401) 462-••••
RI
(770) 417-••••
WI
(706) 836-••••
WI

One-time purchase · CSV download · Validation questions included

FDD download

HomeTeam · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above