Franchising Since: 1994
Headquarters: Chicago, Illinois
Estimated Number of Units: 290
Franchise Description: World Inspection Network International, LLC is the franchisor. The franchisor offers franchises to operate a home inspection business for single and multi-family residences. Franchisees receive proprietary training and use of the franchisor’s marks, proprietary techniques, and proprietary methods to operate in a specific, non-exclusive geographic area.
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Territory Granted: The franchisor will designate a specific geographic territory for the WIN business, which will typically consist of ZIP codes and be attached as an exhibit to the Franchise Agreement. The franchisor designates territories based on multiple factors, which may include population size and density, number of housing units, volume of real estate transactions, agent concentration, market conditions, and competition. There is no standard size or guaranteed market potential for a territory. A territory generally will have a population of at least 50,000 but factors including population density, travel distances, and mutually negotiated areas could result in a smaller number. The territory is non-exclusive. Franchisees may face competition from other franchisees, from outlets that the franchisor owns, or from other channels of distribution or competitive brands that the franchisor controls.
Obligations and Restrictions: The franchisor requires franchisees to participate in the operation of their WIN business on an exclusive and full-time basis. Franchisees must designate, and the franchisor must approve, one owner (the designated owner) who will oversee the WIN business operations on an exclusive and full-time basis and represent the franchisees in interactions and communications with the franchisor. If franchisees are the sole owner of the WIN business, then they shall be deemed as the designated owner. Without the franchisor’s prior written consent, the designated owner may not engage in any other business or other activity during normal business hours that requires any management responsibility, time commitments, or otherwise may conflict with designated owner’s exclusive and full time obligations to the WIN business. Franchisees may only offer and sell approved products and services. Franchisees must offer all products and services in accordance with the mandatory policies, practices, procedures, regulations and specifications required by applicable laws or that the franchisor establishes and modifies from time to time.
Term of Agreement and Renewal: The length of the initial franchise term is seven years. If franchisees are in good standing and they meet conditions, they can renew the franchise for an additional seven-year term.
Financial Assistance: If franchisees meet the qualifications, the franchisor may finance up to $2,000 of the initial franchise fee for up to 6 months, provided at the time they sign the Franchise Agreement, they also sign the promissory note. Other than as described, the franchisor does not offer direct or indirect financing, the franchisor does not guarantee a franchisee’s loans, lease or other obligations, and the franchisor does not receive payments or other consideration for the placement of financing. The franchisor reserves the right to terminate its financing program at any time, offer different terms or assist franchisees in obtaining financing in the future. If the franchisee (or if the franchisee is an entity, the majority of the shareholders, members, or partners) was honorably discharged from the U.S. Armed Forces or is/was a first responder, and meets the other qualifications to be a WIN franchisee, the initial franchise fee will be reduced by 5%.
Estimated Initial Investment
| Name of Fee | Low | High |
| Initial Franchise Fee | $14,250 | $15,000 |
| Convention Fee | $1,000 | $1,000 |
| Real Estate and Improvements | $0 | $0 |
| WIN Branding Kit | $3,700 | $3,700 |
| WIN Vehicle Branding | $1,900 | $3,100 |
| Inspection +Tool Kit | $4,000 | $4,000 |
| Computer Hardware and Software | $675 | $2,700 |
| Insurance Premiums – First 3 Months | $800 | $1,000 |
| Business Organizational Filings, Industry Dues and Licensing Fees | $750 | $3,000 |
| Startup Launch Marketing Program | $9,500 | $9,500 |
| Additional Funds – First 3 Months | $1,000 | $2,500 |
| ESTIMATED TOTAL | $37,575 | $45,500 |
Other Fees
| Type of Fee | Amount |
| Royalty Fee | 7% of monthly gross revenue or monthly minimum of $280, whichever is greater. |
| System Brand Fee | 4% of monthly gross revenue or monthly minimum of $195, whichever is greater. |
| Infrastructure Fee | $425 per month, plus $90 per month for each additional inspector. |
| Renewal Fee | $0 |
| Call Center Fee | None currently. |
| Financing Interest Rate | Currently 12% per year. Payable in 6 monthly installments. Only applicable if the franchisee and the franchisor enter into a promissory note. |
| Convention Fee | No fee for the first convention. For all subsequent conventions, $1,000 for the first attendee and $395 for each additional attendee. |
| Bounced Payment | $75 |
| Interest on Overdue Amounts | Calculated as 12% annually on unpaid balances. |
| Audit | Cost of audit plus expenses plus amounts owed per the audit plus 12% annual interest on owed amounts. |
| Third-Party Transfer Fee | $7,500 |
| Attorneys’ Fees and Other Costs | Will vary under the circumstances. |
| Indemnification | Will vary under the circumstances. |
| Digital and Online Assets Fee | $500 |
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