NATIONAL PROPERTY INSPECTIONS

Item 7 lays out the initial investment from $41,000 to $54,950, covering the $34,900 franchise fee plus training, tools, computers, and marketing startup. Ongoing fees hit 8% royalty (minimum $300-$500/month), 2% brand fund, and $50/month software—eating into slim margins in a service biz. Item 19 shines with average gross revenue of $122,339 but median $86,016 across existing units, suggesting top performers drive the average up while many hover lower. SBA stats show 10 loans averaging $112,930 but a 20% default rate, flagging potential cash flow squeezes for owner-operators.

System health mixed: 194 locations down 6% from 203 in 2023 to 191 in 2024, with 9 terminations, 4 non-renewals, 7 transfers, and 14 projected new units. Franchising since 1987 under Co-operators Group, it offers protected territories and tech training, but contraction trends question expansion momentum. For buyers eyeing $50K entry, the revenue disclosure helps model profits (after fees, maybe 20-30% margins if hitting median), but weigh the default risk and slowdown before committing—solid for hands-on types, riskier for passive investors.