Central Utah Home Inspection Service

  • List Price: $410,000
  • Sales: $404,284
  • Adjusted Income: $114,023
  • Down Payment: $300,000
  • FFE Values: $ 56,850
  • Inventory: $ 2,000
  • R.E. Value: NA
  • Location: Utah
  • Category: Construction

The company provides complete inspection services for residential and commercial property owners, buyers, and sellers. This home inspection franchise covers much of central Utah and has been in operation longer than most of the competition. There are no other available franchises in the state for one of the nation’s leading inspection franchise companies.

The current owner runs the business absentee, using his inspectors to do the bulk of the inspections, however most franchises are run by owner-operators. This franchise should be too, so the 2017 numbers reflect eliminating one inspector and replacing that person with the new owner as a full-time inspector, reducing payroll by $50,000 and increasing the net profits.

2016 was a year of growth and 2017 saw growth in revenue of 12.5% even though the real estate industry saw growth of only 4% (based on home sales) — the company is capturing market share and is positioned for further growth as the real estate markets continues to grow. The team environment has been restructured in 2018 to improve the focus on company growth. Processes and policies have been put into place to ensure consistency and quality in the services delivered. Outsourced scheduling and office management assure consistent customer service. For a qualified buyer, seller will finance $110K.

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