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Below is an in-depth analysis and side-by-side comparison of World Inspection Network vs National Property Inspections including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $27,425 - $39,985 | $40,700 - $43,000 |
Franchise Fee | $15,675 - $20,900 | $34,900 |
Royalty Fee | 7% | 8% |
Advertising Fee | - | - |
Year Founded | 1993 | 1987 |
Year Franchised | 1994 | 1987 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 5% of franchise fee | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 120 hours Additional Training: Optional field training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives | Ad Templates National Media Social media SEO Website development Email marketing |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates National Media Social media SEO Website development Email marketing |
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) |
Franchise can be run from home. 0% 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) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
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.
Your NPI franchise fee pays for an inclusive franchise
start-up package that provides the vital tools and training you’ll need
to launch your own inspection business.