- 2024 Franchise 500 Rank
-
#343 Ranked #336 last year
- Initial investment
-
$41K - $49K
- Units as of 2023
-
223 0.5% over 3 years
National Property Inspections offers prospective buyers and interested parties services related to commercial and residential inspections. The brand is headquartered in Omaha, New Brunswick, Canada, and is generally known as a house inspection company.
Founded in 1987 by Roland Bates, National Property Inspections has expanded its reach with over one dozen locations in Canada, as well as over 200 in the U.S. The company has been franchising for decades, offering customers quality home inspections.
Why You May Want to Start a National Property Inspections Franchise
Demand for commercial real estate inspections is growing. National Property Inspections offers inspection services to residential and commercial homes, unlike some other home inspection companies. This double service provides a competitive advantage over other inspection companies.
The National Property Inspections marketing coaches offer continuous support to you once you own a franchise. At no cost, they provide national advertising and promotions to their franchisees. Every week, their technical field support calls you to answer your questions related to inspections.
What Might Make National Property Inspections a Good Choice?
To be part of the National Property Inspections team, you should make sure you’re financially ready for an initial investment, including franchise fees, organization membership, vehicle signage, advertising, insurance, accounting, licenses, and more.
National Property Inspections has partnered with third-party sources in order to offer franchisees financial help with the franchise fee, startup cost, equipment finance, inventory finance, and payroll.
The initial franchise term length is ten years for a National Property Inspections franchise. Franchisees willing to extend the contract may renew for additional periods of ten years. National Property Inspections prescribes all products and services offered by the franchisees as part of the franchise. Naturally, franchisees cannot associate themselves with a business competitor of their National Property Inspections franchise.
How to Start a National Property Inspections Franchise
As you decide if you want to open a National Property Inspections franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Once you are sure that you want to open a National Property Inspections franchise, you'll want to request an information kit. This franchise kit contains information about the estimated startup costs and what to expect as a franchisee.
The executives at National Property Inspections may give you a call to review your requirements and the available territories. If you decide that you still have interests in the investment, the company will send you the Franchise Disclosure Document. Once you understand the terms and both parties agree to partner, you may sign the franchise agreement, and you can get started with the process of opening your National Property Inspections franchise.
Before opening day, National Property Inspections will offer training to both you and your employees. The franchisor will run advertisements for your business in your local area to drum up your first customers. Finally, it will be time to present your new franchise to the public.
Company Overview
About National Property Inspections
| Industry | Services (Other) |
|---|---|
| Related Categories | Home Inspections |
| Founded | 1987 |
| Parent Company | National Property Inspections Inc. |
| Leadership | David Stamper, President & CFO |
| Corporate Address |
9375 Burt, #201 Omaha, NE 68114 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 1987 (37 years) |
|---|---|
| # of employees at HQ | 18 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
| # of Units | 223 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a National Property Inspections franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$34,900 |
|---|---|
|
Initial Investment
|
$40,600 - $49,400 |
|
Veteran Incentives
|
20% off franchise fee |
|
Royalty Fee
|
8% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | National Property Inspections has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 40 hours |
|---|---|
| Classroom Training | 113 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 1 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where National Property Inspections landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where National Property Inspections ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to National Property Inspections.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Make a Real Difference in Your Community with a Huntington Franchise
For nearly 50 years, Huntington Learning Center's mission-driven approach has positively impacted over one million students. Huntington's commitment is to its students and to the families they serve enables them to make a meaningful difference across the country.
Your Franchise Marketing Needs This Secret Weapon to Captivate and Convert
Storytelling triggers the release of oxytocin, a hormone associated with empathy and trust, fostering a deeper emotional connection with the brand. Let's dive into that.
California's Fast-Food Minimum Wage Hike Is Already Impacting Franchises. Here's What a New Study Revealed.
Several chains have raised their prices — or closed locations — in response to the wage increase, which has now led to a noticeable decline in foot traffic.
Capitalize On Diverse Revenue Streams with a Poolwerx Franchise
With an investment that starts at only $135,000, Poolwerx franchisees have multiple revenue streams which include pool maintenance, cleaning and servicing for residential and commercial, swimming pool equipment sales and repairs, and retail sales.
20 Interesting Facts You Should Know About Chick-fil-A
The first-ever Chick-fil-A opened in 1967 in Atlanta's Greenbriar Mall. A chicken sandwich sold for 59 cents and the restaurant was only 384 square feet — roughly the size of a two-car garage.
A D.C. Federal Court Declined to Rule on a Challenge to the Joint Employer Rule. Here's What This Update Means for the Franchise Industry.
The U.S. Court of Appeals for the D.C. Circuit has postponed hearing a case on the National Labor Relations Board's expanded Joint Employer Rule. The court will wait for a Texas federal court to rule first.