Founded in 1987 and headquartered in Omaha, Nebraska, National Property Inspections, Inc. is a leading brand in the home inspection industry. Franchisees provide comprehensive residential and commercial inspection services to prospective real estate buyers, lenders, and insurance companies.
Key Offerings
- Extensive technical training on building systems (electrical, mechanical, plumbing, structural)
- Sales and marketing training
- Provision of essential tools, computer, and equipment
Training Overview
National Property Inspections offers a robust training program that covers all aspects of franchise operations:
- Mandatory training for franchisees or their designated managers
- In-person training lasting up to two weeks in Omaha, Nebraska
- Online training options available
- Up to one week of in-the-field training with an experienced NPI inspector
- Additional state-mandated training courses required for home inspector licensure in some states
- Annual meetings for ongoing education and networking
Territory Granted
Franchisees receive an exclusive territory determined by the franchisor. Territories are typically delineated by streets, highways, city limits, zip codes, or county lines, and consider demographic factors like housing units and real estate transactions.
Obligations and Restrictions
Franchisees must:
- Appoint a "managing owner" if the business is a legal entity
- Devote full-time energy to operating and managing the franchise
- Offer only those products and services approved by the franchisor
- Refrain from associating with competitive businesses
Term of Agreement and Renewal
The initial franchise term is 10 years, with an option to renew for an additional 10 years if the franchisee is in full compliance with the Franchise Agreement.
Financial Information
Estimated Initial Investment
- Initial Franchise Fee: $34,900
- Travel/Living Expenses for Training: $600 - $875
- Association/Organization Membership: $1,000 - $1,200
- Vehicle Signage: $300 - $1,200
- Advertising/Promotions: $600 - $1,200
- Initial Insurance Premiums: $300 - $600
- Legal: $250 - $350
- Accounting: $250 - $375
- Licenses (depending on state): $200 - $4,900
- Apparel: $200 - $300
- Tools and Equipment: $500 - $2,000
- Additional Funds: $1,500
Estimated Total: $40,600 - $49,400
Other Fees
- Royalty: 8% of gross sales, or $300 to $500 per month, whichever is greater
- Fund Contribution: 2% of weekly gross sales
- Software Fee: estimated at $600 per year
- Local Advertising: up to 2% of gross sales
- Ongoing Training/Annual Meeting: $375 to $500 per offering
Download the FDD
For more detailed information on costs, fees, and other specifics, please download the full Franchise Disclosure Document (FDD) or fill out the free information request form on this page.
Key Takeaways
- Exclusive territories and comprehensive technical training
- Estimated initial investment: $40,600 - $49,400
- 10-year initial franchise term with an option for renewal
- Strong support and training programs from the franchisor
Ready to take the next step? Download the full FDD or fill out the free information request form to get started with National Property Inspections.
National Property Inspections Franchise Disclosure Documents
Franchise Disclosure Documents are available for free download. 3-page PDF files are available without entering your name and email address, and full-length PDF files are available for free download after entering your name, phone, and email address.
The Most Recent FDD for National Property Inspections is From 2023.
Previous Franchise Disclosure Document Versions:
