In this FDD Talk post, you’ll learn the following:

• Section I – Background information on the National Property Inspections franchise opportunity, including relevant news updates

• Section II – Estimated initial investment for a National Property Inspections franchise, based on Item 7 of the company’s 2019 FDD

• Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a National Property Inspections franchise, based on Items 5 and 6 of the company’s 2019 FDD

• Section IV – Number of franchised and company-owned National Property Inspections outlets at the start of the year and the end of the year for 2016, 2017, and 2018, based on Item 20 of the company’s 2019 FDD

• Section V – Presentation and analysis of National Property Inspections’ financial performance representations, based on Item 19 of the company’s 2019 FDD, including information on the:

• 2018 average annual revenues for the top 10%, top 30%, top 50%, bottom 50%, bottom 30%, bottom 10%, and all 175 National Property Inspections franchisees who were open for business for the full period and who fully reported their gross revenues during that time

Section I – Background Information

8 Things You Need to Know About the National Property Inspections Franchise

Offers a Wide Array of Services

1.  National Property Inspections is more than just a home inspection company; it is also one of the top providers of commercial inspections in North America. National Property Inspections home inspectors are trained to perform a thorough, visual assessment of all types of residential and commercial properties.

2.  The company’s services include home buyer’s (pre-closing) inspections; home seller’s (pre-listing) inspections; new construction draw inspections; builder’s warranty inspections; commercial building inspections; employee relocation home inspections; warehouse and light industrial inspections; apartment and multi-unit inspections; hotel inspections; and triple net lease inspections.

3.  In addition to home and commercial inspections, National Property Inspections has specialty inspections covering the following: radon inspections; mold inspections; infrared inspections for hot and cold spot issues (wiring issues, excess moisture, or missing insulation); sewer and septic system inspections; termite inspections; field services (occupancy status inspections, property assessment and condition reports, insurance risk assessment inspections, REO foreclosures, and more); roof inspections; foundation inspections; HUD 203(K) inspections; well water potability and quality inspections; pool and spa inspections; lawn irrigation inspections; 4-point insurance inspections; energy inspections; historic home inspections; and mobile home inspections.

The National Property Inspections Franchise Package

4.  When someone becomes a franchisee, National Property Inspections promises to provide the support they need every step of the way. Franchisees receive a robust Franchise Package and National Property Inspections says that it is always adding new benefits to keep its inspectors ahead of the competition.

5.  The National Property Inspections Franchise Package includes the following:

• Corporate Referral Program – National Property Inspections’ Corporate National Accounts Department is an entire team devoted to garnering commercial and residential referrals for franchisees’ individual businesses. Franchisees receive national-level advertising at no additional cost as well as a field service account directory.

• Technical Training & Support – Franchisees receive a comprehensive 2-week training course at National Property Inspections’ headquarters in Omaha, Nebraska (hotel is provided). They also get guidance in obtaining state licensure; technical reference books and class materials to keep; up to 120 hours of one-on-one field training with an inspector/mentor; and diversification training and certification guidance. National Property Inspections’ technical advisory team is available 7 days a week for field support.

• Marketing Training & Support – During Omaha training, franchisees are taught a proven step-by-step marketing plan. They also receive a free Emma account for email marketing with pre-designed templates and campaigns (includes onboarding and ongoing support); proprietary referral marketing manual; National Property Inspections’ free 6-month warranty, an added incentive for clients to choose a franchisee; personalized newsletters, HTML fliers, and marketing collateral; access to dedicated National Property Inspections graphic designers and copywriters for personalized ad development at no cost; continuous SEO management and web design for a completely optimized site; contact acquisition strategy, proven direct mail programs; pre-approved CE courses to develop agent relationships; and unlimited access to National Property Inspections’ full-time marketing coach.

• Tools & Technology – Franchisees will receive the following tools: moisture meter; gas detector; circuit tester and circuit tracker; mini infrared thermometer and inspection mirror; digital thermometers, binoculars, and flashlight; custom tool bag and portfolio; tablet notebook PC with warranty and portable printer; access to National Property Inspections’ automated web-based marketing library; digital camera; Inform (National Property Inspections’ proprietary inspection report-writing software); custom website design, personalized for your business and location; website hosting and maintenance at no additional cost; Microsoft Office; Inform and website editing taught during Omaha training; and corporate marketing and technical teams available for ongoing support.

• Digital Presence & Support – Franchisees are given the following: social media set-up and training while in Omaha; proprietary Digital Marketing manual, yours to keep; corporate marketing team, available for ongoing support; paid search traffic strategy and support; SEO management; review capture and management; assigned email and signature setup; Emma account and customized email marketing; monthly newsletter delivery; social media promotion strategy; content development; and lead capture systems.

• National Property Inspections Family – Once a franchisee joins National Property Inspections, they become family and have access to the following: access to private franchise message board; mentorship program; full-time marketing and technical support teams; National Awards Conferences; supportive, non-competitive neighboring franchisee network; exclusive, protected territory; and regional seminars.

Company History

6.  National Property Inspections was founded in 1987 by Roland Bates in Omaha, Nebraska. National Property Inspections provides commercial and residential inspections, as well as government, insurance, and corporate relocation inspections. Bates began franchising National Property Inspections immediately and even expanded to Canada later in 1987 under the name Global Property Inspections.

7.  Today, National Property Inspections has locations across North America. The company is still headquartered in Omaha and Roland Bates still serves as National Property Inspections’ CEO.

Entrepreneur’s Franchise 500

8.  National Property Inspections ranked No. 290 on Entrepreneur’s 2019 Franchise 500 list.

Section II – Estimated Costs

• Please click here for detailed estimates of National Property Inspections franchise costs, based on Item 7 of the company’s 2019 FDD.

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

• Please click here for detailed information on National Property Inspections’ initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2019 FDD.

Section IV – Number of Franchised and Company-Owned Outlets

Franchised

2016

• Outlets at the Start of the Year:  220
• Outlets at the End of the Year:  218
• Net Change:  -2

2017

• Outlets at the Start of the Year:  218
• Outlets at the End of the Year:  219
• Net Change:  +1

2018

• Outlets at the Start of the Year:  219
• Outlets at the End of the Year:  218
• Net Change:  -1

Company-Owned

2016

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2017

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2018

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

Section V – Financial Performance Representations (Item 19, 2019 FDD) and Analysis

• The chart below reflects the mean averages for the 175 franchisees who were open for business for the full period and who fully reported their gross revenues during that time.

• In addition, there were 28 franchisees who were not open for business for the full 12-month period or who did not fully report their gross revenues, for medical or other reasons, during the period.

• The gross revenues of franchisee-owned units was derived from unaudited financial reports submitted by franchisees for the purpose of computing royalties.

• The overall or annual average is a “straight” or “simple” average.

Average Annual Revenues of National Property Inspections, Inc. Franchises for the 12-Month Period Ending December 31, 2018