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Entrepreneur: Start & Grow Your Business

WIN Home Inspection

Home inspections

Background

Founded: 1993 Franchising since: 1994
World Inspection Network (W.I.N.) was founded in 1993 by Tom and Dianne Knapp. In 1994 W.I.N. expanded into franchising. The privately held company has locations in more than 25 states across the United States. It is based in Seattle.
6500 6th Ave. N.W.
Seattle, Washington 98117
Phone:
(800)967-8127


Franchisor is a privately-held company with 12 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 186 0 0 0
2008 195 0 0 0
2007 217 0 0 0
2006 224 0 0 0
2005 213 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Based on real estate market

Costs and Fees

Total investment: $31.3K-51.1K
Franchise fee: $16.9K/26.9K
Ongoing royalty fee: 7%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $40K
Cash liquidity requirement: $27.8K-35.3K
Business Experience:
  • General business experience
  • Marketing skills
  • Working knowledge of Windows-based software, comfortable selling & service, some familiarity with construction/remodeling a plus

Operations
  • Franchise can be run from home
  • 10% of all franchisees own more than one unit
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • Online pre-training, 40 hours; at training facility, 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#336 (2009); #314 (2008); #180 (2007); #155 (2006); #176 (2005);

Fastest-Growing Franchises:
#70 (2005);

Low-Cost Franchises:
#78 (2009); #72 (2008); #40 (2007); #37 (2006); #43 (2005);

Top Home Based Franchises:
#97 (2009); #88 (2008); #49 (2007); #40 (2006); #45 (2005);

America's Top Global Franchises:
#147 (2007);