MADISON, AL - (Marketwired - Jan 14, 2014) - WIN Home Inspection skyrocketed up the rankings in Entrepreneur Magazine's latest Franchise 500 list. The annual list serves as a guide of top franchise opportunities for entrepreneurs.
WIN Home Inspection ranks No. 208 on this year's list, up 216 places from a year ago. It is the fourth consecutive year on the list for WIN, and the highest ranking so far for the low-cost franchise that started in the Pacific Northwest in 1993 and has locations in 27 states.
"We have had double-digit revenue growth, and as the economy recovers and the housing market improves, demand for inspections continues to drive more business to our franchise owners," WIN president Steve Wadlington said. "A lot of our competition fell away during the recession, and professional home inspectors were able to gain market share. As the market rebounds, we're positioned to grow bigger and stronger."
WIN is a low-cost franchise, with startup costs as low as $32,900, and the ability to start the business with liquid capital of just $20,000 and net worth as low as $30,000. The business model is flexible enough to be run successfully as a sole proprietorship or as a multi-territory operation with an owner managing a group of inspectors.
Demand for home inspections is huge. According to the National Association of Realtors, 77% of home buyers pay for a home inspection, and 99% of real estate agents recommend inspections. Those percentages have been growing for years, and the percentage of buyers who buy inspections is typically even higher in urban areas.
In addition to being named a top low-cost franchise by Entrepreneur magazine, WIN Home Inspection (www.WINforAmerica.com) has been named a top military franchise by both G.I. Jobs magazine and Entrepreneur.
About 25% of the franchise system consists of veterans, and veterans and their spouses are offered discounted franchise fees as a thank-you for their service.
To learn more about WIN, visit winfranchising.com, where you can read more about startup costs, performance, training and support.
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