National Property Inspection Franchise Cost & Failure Rate 2024

National Property Inspection is a premier home and commercial inspection franchise.

If you want to diversify your portfolio with a remunerative home inspection franchise, then National Property Inspection must be a great opportunity for you.

To know more about National Property Inspection, go through our in-depth article and see National Property Inspection franchise profitability, fee, cost, eligibility, and so on. So, keep reading to learn more. 

National Property Inspection Franchise

About National Property Inspection

In 1987, National Property Inspection was founded by Roland Bates. It has expanded its reach with over one dozen locations in Canada as well as over 228 locations in the USA today.

The company has more than 30 years of experience in providing home inspection services.

It is the only property inspection company that offers exclusive territory rights to franchisees.

They have the best franchisees-to-staff ratio in the industry and drive commercial business referrals straight to our franchisees.

Moreover, they offer the tools, training, and support you need to grow to the top in the property inspection industry.

National Property Inspection Franchise Model

Cost Or FeesAmount
Initial Investment$43,200 to $47,000
Liquidity $50,000
Area RequirementN/A
Total Outlets228

Training Of National Property Inspection

Training Of National Property Inspection

National Property Inspections provide an initial training program for all new franchisees. The program involves reading assignments, field training, and classroom training.

They also train key personnel within the organization during a regularly scheduled training class.

The franchisees must attend the initial training program for the satisfaction of the franchisors.

On an ongoing basis, they will also provide training related to new concepts, products, procedures, equipment, etc., and provide a special toll-free number to prompt communication between franchisors and franchisees.

Term Of Agreement & Renewal

The initial length of the franchise agreement is 10 years. The franchisee is eligible for renewing the term if they are good in standing and fulfill the required conditions.

Also, they may renew the term for another 10 years without any renewal fee.

National Property Inspection Franchise Profit & Revenue

There are different factors that determine the profitability of National Property Inspection.

Most franchisors charge multiple fees and costs that franchisees have to pay from their profit. It affects the profit ratio of the franchisees.

However, National Property Inspection does not charge any kind of additional fees or royalty fees to franchisees which is also a great thing, and the franchisees don’t have to bear any additional expense on the fees, so it will also increase the profit ratio. 

According to the company’s website, the average gross revenue of a National Property Inspections franchisee in 2021 was $157,245 and the average gross revenue of the top 10% franchise was $558,979.

If we consider a profit margin of 15% as per the industry standards, then we can calculate that a National Property Inspection franchise owner makes $23,586 in net profits on average.

Financial OverviewPercentage of RevenueAmount ($)
Individual Franchise Annual Revenue100%157245.00
Franchise Royalty Fees5.31%(8353.64)
Cost of Goods Sold (COGS)26.56%(41768.20)
Labor (Variable)13.81%(21719.47)
Total (Expenses)85.00%(133658.25)
Net Profit15.00%23586.75

Note: The displayed expenses are estimates based on industry averages and standard costs. Actual expenses may vary due to factors like location, business size, and market conditions. We recommend conducting detailed research or consulting with a financial advisor for a tailored financial analysis.

Payback Period Of National Property Inspection

With an investment of $47,000 and an estimated 15% profit on the average profit of franchise owners, the yearly profit would be $23,586.

So, to find out how long it will take to earn back the initial investment:

Payback Period = Midpoint Investment / Yearly Profit = $47,000 / $23,586 = 1.9 years

Based on these figures, it will take approximately 2 years to pay back the initial investment for National Property Inspection. This time period could be longer or shorter depending on your sales, revenue, and profit figures.

Failure Rate Of National Property Inspection

Franchised Outlets:

YearOutlets at the Start of the YearOutlets at the End of the YearNet Change

For the Franchised outlets:

  • In 2020, the growth rate was (7)/195×100≈3.58%
  • In 2021, the growth rate was (12)/202×100≈5.94%
  • In 2022, the failure rate was (19)/221×100≈8.59%

According to the above-mentioned data, we can see that the franchised outlets for National Property Inspection grew from 2020 to 2021, showing a growth rate between 3.58% and 5.94%. In the year 2022, the company started declining, showing a failure rate of 8.59%.

Entrepreneurs considering a venture into the home inspection franchise sector might explore options such as American Leak, BrickKicker Franchise, The Inspection Boys, Pillar To Post, and Inspect-It 1st franchises.

National Property Inspection Comparison

CompanyNational Property InspectionTrueBlue House care
Founded In19872011
Initial Investment$43,200 to $47,000$59,650-$86,000
Total Outlets22850
Annual Revenue$27.4 Million$12 Million 

Frequently Asked Question

How many National Property Inspections franchises are there?

National Property Inspections has more than 228 units across the U.S.

Does National Property Inspections offer franchises?

Yes, National Property Inspections offers franchise opportunities to entrepreneurs.

How much does a National Property Inspections franchise cost?

Opening a National Property Inspections franchise requires a franchise fee of up to $34,900, with a total initial investment range of $43,200 to $47,000.

Who founded National Property Inspections?

National Property Inspections was founded in 1987 by Roland Bates. It is the first name in home and commercial inspection.

Where is the headquarters of National Property Inspections?

The headquarters of National Property Inspection, or NPI, is located in Omaha, Nebraska.

Who owns National Property Inspections?

National Property Inspections is owned by Carson, Dunlop & Associates Ltd.

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