National Property Inspections vs ProSpection Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of National Property Inspections vs ProSpection including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
National Property Inspections Franchise
ProSpection Franchise
Investment $40,700 - $43,000$15,800 - $38,100
Franchise Fee $34,900$6,000 - $12,000
Royalty Fee 8%Varies
Advertising Fee --
Year Founded 19872003
Year Franchised 19872003
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee --


Business Experience Requirements

 
National Property Inspections Franchise
ProSpection Franchise
Experience
  • Industry experience
  • Marketing skills
  • -

    Financing Options

     
    National Property Inspections Franchise
    ProSpection Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    National Property Inspections Franchise
    ProSpection Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 120 hours Additional Training: Optional field training-
    Support Ad Templates National Media Social media SEO Website development Email marketing -
    Marketing Ad Templates National Media Social media SEO Website development Email marketing -
    Operations 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

     
    National Property Inspections Franchise
    ProSpection Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesNo

    Company Overviews

    About National Property Inspections

    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.

    • Two weeks of training at the NPI Business and Inspection Training Academy
    • State-of-the-art tablet computer, digital camera and portable printer
    • Hotel, most meals and shared transportation
    • Field training, which includes up to 40 hours in the field with an experienced NPI inspector
    • Most inspection tools and equipment needed
    • NPI proprietary inspection report software with ongoing upgrades
    • Potential referrals from our established national accounts department
    • Proven step-by-step sales and marketing plan
    • Access to our automated marketing platform, NPI Hub
    • A full-time marketing team to coach and support you
    • Marketing materials and a professional, customizable website
    • Training on Internet and social media marketing, website content management, and how to get your business found
    • Seven-days-a-week field support
    • Assistance with training your employees
    • Flat 8 percent royalty, which is reduced to 6 percent once you reach $100,000 for the year
    • No advertising royalty - you spend your advertising dollars locally
    • Exclusive territory
      Veteran Incentives  15% off franchise fee
    • "Entrepreneur
      #364 in Franchise 500 for 2020.
    • #264 in Franchise 500 for 2020.




    About ProSpection