What are the Startup Costs?
The WIN Home Inspection franchise cost is remarkably affordable
You don’t have to be rich to start a franchise. That may come as a surprise if you started researching franchising by checking out some of your favorite restaurants or hotels.
WIN makes it very affordable for most people to start a franchise. Startup costs begin at just $37,750 and in some instances we offer in-house financing to cover a portion of the startup costs — making starting the business even more affordable for those who have good credit.
It is important to have some financial resources that you can draw upon as you get your business started and work to get to your break-even point so you can start drawing profits. That’s why we look for candidates who have at least $100,000 in net worth and $8,500 to $15,000 in liquid capital.
Here is a look at the startup costs for a WIN Home Inspection business, taken from Item 7 of our Franchise Disclosure Document:
|Type of Expenditure||Amount||Method of Payment||When Due||To Whom Payment is to be Made|
|Initial Franchise Fee||$19,500||Lump sum or financed||Upon agreement execution||WINI|
|Travel/Living Expenses for Training||$1,500 to $2,500. A training credit up to $1,000 is available.||As incurred||During initial training||Airlines, Hotels and Restaurants, Auto|
|Rent (including Real Estate and Taxes)||-0-|
|WIN Career Wear, Vehicle Decals, Inspection Tools, WIN Business Conference, Go Plan Marketing, WINSpect and other software, and computer||$9,000||Lump sum or financed||At initial training||Approved Suppliers and WINI|
|Vehicles||$0 to $3,500||First month and last month lease payments or down payment on purchase||Before opening||Vehicle Lessor or Lender|
|Professional and General Liability Insurance (down payment)||Minimum $900||Down payment, then monthly payments (amounts vary)||Balance payable over next 8-9 months||Insurance Broker|
|State-Mandated Licensing and Additional Training||$0 to $5,000||Lump sum||Prior to attending training||Government Authorities|
|Business Licensing and DBA Filing||$50 to $500||Lump sum||Before opening||Government Authorities|
|Online Training Fee||$600||Lump sum||At or before initial training||Approved Supplier and WINI|
|Additional Funds - Three Months||$6,000 to $12,000||As incurred||As incurred||(see below)|
|TOTAL||$37,550 - $53,500|
Curious to learn what your specific costs will be to startup a WIN Home Inspection franchise in your area? Fill out the form to the right and start a conversation with us!