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National Property Inspections Inc.

2014 Franchise 500
#365
At a Glance

Products & Services: Home and commercial property inspections

Number of Locations: 208

Total Investment: $39.6K - $42K

Founded: 1987

Began Franchising: 1987

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
2014 174 34 0 0
2013 180 33 0 0
2012 185 32 0 0
2011 193 35 0 0
2010 211 39 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $39,550 - $42,000
Franchise Fee: $32,900
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week. Optional field training : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: Corporate relocation referral program

Franchise Ranking History

Franchise 500®: #365 (2014), #375 (2013), #373 (2012), #292 (2011), #359 (2010),
Low-Cost: #64 (2014), #69 (2013), #80 (2012), #65 (2011), #88 (2010),
Top Home-Based: #93 (2011),