8/10

Franchimp Summary Rating

7 /10
Earnings Transparency
9 /10
Investment Accessibility
Lower than 12% of peers

Franchise Summary

Description
World Inspection Network International LLC offers franchises to operate a home inspection business for single and multi-family residences (a "WIN Business" or "Franchised Business"). The WIN Business receives our proprietary training and use of our Marks, proprietary techniques, and proprietary methods to operate in a specific, non-exclusive geographic area (the "Territory").
Company Background
WIN Home Inspection has been providing professional, affordable, and trustworthy home inspection services since 1995. We are the largest franchisee of residential building inspections service in North America. You can trust us to get your property inspected with care and accuracy for a reasonable price.
Franchise Opportunity
Buying a home is one of the biggest investments you will ever make. You want to be sure that you are making a wise investment, and that the home you are buying is safe and sound. A home inspection is an important part of the home-buying process, but it can be hard to know who to trust for this service. Most people don't have the time or expertise to inspect a home themselves, so they have to rely on the word of the seller or their real estate agent. WIN Home Inspection offers professional, reliable, and accurate residential building inspections. We have been in business for over 20 years and have inspected over 2 million homes. Our franchisees are highly trained and certified professionals who will provide you with a comprehensive report on the condition of the property you are interested in buying.
Corporate Structure
World Inspection Network International, Inc. is an Alabama corporation that was incorporated on March 17, 2011. Their principal business address is 3326 Aspen Grove Drive, Suite 160, Franklin, Tennessee 37067.
Royalties and Marketing Fees

Royalties : For the first two full months, you pay 7% of monthly Gross Revenues. Beginning the third full month, you pay the greater of 7% of monthly Gross Revenues or $350

Royalties : For the first two full months, you pay 4% of monthly Gross Revenues. Beginning the third full month, you pay the greater of 4% of monthly Gross Revenues or $180.

Royalties : Currently, $295 per month

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Real Estate Industry

$265,760 / unit

Franchise Type: Standard

Average Revenue During 2020

$265,760
$101,442
Industry Low
$881,691
Industry High
Show All Years +

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of World Inspection Network Franchisees

World Inspection Network Franchise System Development in 2022

FAQ

How much investment do I need to start my own World Inspection Network business?
Franchisees typically require at least $43 to $55 investment to get their World Inspection Network business started
What are the initial franchise fees for World Inspection Network ?
Franchisees typically need to pay at least $30 in fees directly to World Inspection Network in order to earn the right to launch their business
How much money can I make with a World Inspection Network franchise? What are the average revenues for a typical World Inspection Network business?
We estimate that the average revenue of an individual World Inspection Network unit is approximately $265,760. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a World Inspection Network unit? What is my contractual commitment?
World Inspection Network franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

9 /10
The Franchisor's investment costs ranges from $43,825 to $55,400 which is Much Lower than the $0 to $0 average in the Real Estate industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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