Learn more about National Property Inspection by visiting their franchise page! Get Started
Owning a home has often been called a key pillar of the American dream. But who determines the safety of a home when it’s bought or sold, or, likewise, a commercial business?
This is where National Property Inspection, Inc. comes in. A longtime leader in the $3 billion and growing property inspection industry, National Property Inspection offers a wide variety of professional services for people buying and selling homes and businesses, including field services, energy evaluations, testing for potentially-hazardous materials, and much more.
Below, we take a closer look at this well-known and widely respected real estate franchise, including its history, advantages for franchisees, and FDD information. Let’s inspect this business for ourselves!
The National Property Inspections, Inc. Story
National Property Inspections is a home and commercial inspection company based in Omaha, Nebraska.
The franchise was founded in 1987 by Roland Bates and soon established itself as the first franchise real estate inspection firm in North America. The company grew quickly throughout the 1990s and gained a reputation as an experienced, professional, and trusted brand with consumers. In 1999, the company expanded to Canada and continued to grow in the United States.
By 2011, some 220 franchises had been established across North America, and today the business continues to grow and thrive, having established itself as a leader in the home inspections market thanks to its experience and comprehensive inspections process.
Why Do Entrepreneurs Invest in National Property Inspections, Inc.?
1. Excellent Brand Name Recognition
One of the key advantages of franchising with National Property Inspection, Inc. is the company’s outstanding brand name recognition. The franchise has been in operation since 1987 and has become widely trusted by homebuyers, homesellers, and entrepreneurs alike thanks to its unique mix of experience, quality, and professionalism,
2. Comprehensive Training and Support
National Property Inspection also offers extensive training and support for its franchisees.
An in-depth combination of classroom and field training is provided to new franchisees over a two-week period, as is ongoing training to help them understand new concepts and how to grow and manage their franchise unit effectively. Franchisees learn all the details of both home and commercial property inspection, including HVAC inspection, structural safety, property testing best practices, and much more.
In addition, National Property Inspections also offers sustained support through digital marketing assistance, certified marketing coaches, and a team of dedicated, experienced professionals to help them with business management. Franchisees can also access the company’s extensive digital library of marketing and continuing education materials to help grow their franchise unit and further their careers in the field.
3. A Proven and Time-Tested Business Model
The franchise has decades of experience and a proven business model behind it, making it ideal for entrepreneurs seeking an experienced franchisor partner in the real estate industry.
4. Dedicated Marketing Efforts
Franchisees also receive extensive marketing and advertising assistance from the franchisor, including a custom website and professional marketing coach to help them reach new clients and expand their market reach.
5. Protected Franchise Territory
Last but not least, National Property Inspection franchisees also receive a guaranteed exclusive territory to do business in. This greatly limits competition and gives them access to homeowners and businesses in a protected territory they can build trust and recognition with.
Initial Franchise Fee: $34,900
The initial franchise fee for National Property Inspections is $34,900. The fee is nonrefundable and due upon the signing of the franchise agreement, though a 20% discount is offered to honorably discharged military veterans.
Monthly Royalty Fee: 8%
National Property Inspections levies a monthly royalty fee of 8% on gross sales or $300 per month, depending on which is greater. The fee is to be paid by the franchisee on the 10th day of each month.
Estimated Initial Investment Cost: $40,700 – $43,000
|Name of Fee||Low||High|
|Initial Franchise Fee||$34,900||$34,900|
|Travel/Living Expenses for Training||$600||$875|
|Initial Insurance Premiums||$625||$625|
|Licenses (depending on state)||$200||$400+|
|Tools and Equipment||$250||$500|
|Grand Opening Marketing||$30,000||$30,000|
Average Revenue Per Location: $26,116 – $400,829
Average revenue per location typically ranges from $26,116 to $400,829 for National Property Inspections franchisees. However, it’s important to note that these figures are based on historical statistics and are not in any way a guarantee of revenue at all.
Take a Closer Look at National Property Inspections, Inc. for Yourself!
National Property Inspections, Inc., with its outstanding brand recognition, extensive training and support, and time-tested business model, offers an excellent opportunity for entrepreneurs interested in franchising. It may just be worth inspecting more closely if you’re looking for an interesting career in the real estate industry!
Want to franchise with National Property Inspections? Visit their client page here!