National Property Inspections Inc.

#373

At a Glance

Products & Services: Home & commercial property inspections

Number of Locations: 228

Total Investment: $37K - 39K

Founded: 1987

Began Franchising: 1987

Private Owned

About National Property Inspections Inc.

Founded by Roland Bates in 1987, National Property Inspections Inc. (NPI) provides commercial and residential inspections, as well as government, insurance, and corporate relocation inspections.

NPI offers computerized on-site inspection reporting that meets standards set by the American Society of Home Inspectors and the National Association of Home Inspectors. Inspectors provide property inspections that include the foundation, roof, furnace, air conditioning, electrical system, plumbing, lots and grounds.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2011	193	35	0	0
2010	211	39	0	0
2009	222	34	0	0
2008	240	34	0	0

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $37,000 - $39,000
Franchise Fee: $29,900
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Liquid Cash Available: $23,000

Operations

Franchise can be run from home. 1% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).