About The Inspection Boys Franchise
The Inspection Boys is a property inspection franchise offering commercial and residential inspection services at affordable prices.
Backed by Loyalty Franchising LLC and franchising since 2017, the brand also offers an Area Representative opportunity where owners solicit, recruit, and support unit level franchise owners on behalf of the company within a specified territory.
The Area Representative franchise fee is approximately $10,000 per undeveloped territory, totaling $150,000 to $300,000 for 15 to 30 territories.
The Inspection Boys Franchise Cost & Fees
Minimum Investment
$155K
Average Investment
$234K
Maximum Investment
$313K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $150,000-$300,000 | One-time payment upon signing |
| Royalty Fee | N/A | Ongoing; paid monthly |
| Marketing/Ad Fund | None | National brand fund |
| Total Investment Range | $155,250 – $313,000 | Includes build-out, inventory, working capital |
The investment range of $155K–$313K reflects variability in build-out costs, store size, lease terms, and market.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Franchise Fee (Note 5) | $150,000 | $300,000 |
| Cost of Travel, Food and Lodging for Training (Note 6) | $200 | $2,000 |
| Rent (Note 7) | $0 | $3,000 |
| Computer Equipment Services & Software (Note 8) | $750 | $1,500 |
| Insurance (Note 9) | $1,000 | $2,000 |
| Professional Fees-Legal & Accounting (Note 10) | $300 | $1,500 |
| Additional Funds-3 Months (Note 11) | $3,000 | $3,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $15,000 |
| Renewal Fee | None |
| Fee for Franchisee Prospects | $1,000 per month. Typically, $100 - $150/ per lead. |
| Late Fees | Lesser of 1.5% per month or the highest rate allowable by law of the state where you are located. |
| Internal Sales Fee | $5,000 per Single Unit Franchise |
| Franchise Broker Fee | A proportional amount of the Broker’s commission based on the percent of the Initial Franchise Fee you receive on a new unit franchise sale. |
| Indemnification | Will vary under circumstances |
| Attorney Fees and Costs | Will vary under circumstances |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 12 hours |
| Classroom Training | 12 hours |
| On-the-Job Training | 0 hours |
| Training Location | Virginia Beach, another designated training center, or online. |
| Additional Training | We may elect to offer additional training or seminars, attendance is required, and you must pay travel and living expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | approximately 15-30 unit franchise territories, each with a population of approximately 150,000 people |
| Description | Defined by zip codes, political, or geographic boundaries in Schedule 1 of the Area Representative Agreement. You may work out of your home or any office location within your Territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Successive 10-year terms |
| Renewal Fee | None |
| Renewal Conditions | Notify us in writing at least 120 days before expiration, sign a new Area Representative Agreement with a general release of claims, and be in compliance with all material terms and conditions. The new agreement may contain materially different terms. |
| Transfer Fee | $15,000 |
| Transfer Conditions | You must be current in monetary obligations, in compliance with the Area Representative Agreement, execute transfer documents, provide copies of proposed transfer documents, the transferee must meet our criteria, execute our then-current Area Representative Agreement, pay the transfer fee, satisfactorily complete Initial Training, comply with post-termination provisions, obtain necessary licenses and permits, and the transfer must comply with all applicable laws. You must request we provide the prospective transferee with our current FDD. |
| Termination for Cause | We can terminate if you default, including failure to pass Initial Training, violation of franchise sales representations or limitations of authority, conviction of a felony or serious misdemeanor involving moral turpitude, violation of applicable laws, fraud, material misstatement of fact, refusal to provide requested forms/documentation, insolvency, or failure to resolve a final judgment within 30 days. Termination with opportunity to cure (30 days) applies to other agreement violations or amounts owed more than 30 days past due. |
| Non-Compete Period | During the term of the Area Representative Agreement and for two years thereafter |
| Non-Compete Details | During the term, you may not recruit, search for, or solicit franchisees or prospective franchisees in the United States to engage in commercial and residential inspection services. Post-termination, you may not compete in the Territory or within 25 miles of the Territory (or any other outlet of ours) for 2 years. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | You or a fully trained and qualified manager must personally supervise and participate in the day-to-day operation of your Franchised Business, devoting time, attention, and best efforts. If a Business Manager is designated, they must be approved by the franchisor, complete Initial Training, and ongoing advanced training. All owners must guarantee obligations under the Area Representative Agreement and are subject to non-compete and confidentiality requirements. |
| Required Suppliers | Franchise Disclosure Documents, prospective franchisee contact information (optional purchase from franchisor), advertising material (from franchisor, designated vendor, or approved by franchisor), computer hardware, software, and network services (as specified in Manual, may include vendor designations), insurance. |
| Supply Restrictions | You may contract with alternative suppliers if they meet our criteria as defined in the Manual, if any. However, you must use the Franchise Disclosure Document that we provide or make available to you to use. |
| Franchisor Revenue from Suppliers | For the fiscal year ended December 31, 2021, we did not derive revenue or other material consideration from required purchases or leases by Area Representatives. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
The Inspection Boys Franchise Earnings — Item 19
The Inspection Boys does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
The Inspection Boys does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
The Inspection Boys Litigation & Risk Flags
Clean Litigation RecordThe Inspection Boys has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
The Inspection Boys System Growth
Total Units
0
Franchised
0
Company-Owned
0
The Inspection Boys currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Franchisor Financials (Item 21)
Revenue
$1K
Net Income
$-121,045
Total Assets
$7K
Audited by DASH Business Solutions, LLC for year ending December 31, 2021.
The Inspection Boys Franchise — FAQ
The total investment to open a The Inspection Boys franchise ranges from $155,250 to $313,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $150,000-$300,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
The Inspection Boys charges a royalty fee of N/A of gross sales, plus a None contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the The Inspection Boys Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from The Inspection Boys to ensure you have the most up-to-date version.
The Inspection Boys does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
The Inspection Boys has been franchising since 2017. The FDD shows an investment range of $155,250-$313,000, a N/A royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $150,000-$300,000 and the total investment ranges from $155,250 to $313,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from The Inspection Boys and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with The Inspection Boys or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com