HouseMaster

HouseMaster

HouseMaster
Not Ranked

Initial Investment

LOW: $61,100
HIGH: $107,900

Change in Units

+7.9% +27 UNITS (1 Year)
+7.6% +26 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1971

Franchising Since

1979 (37 Years)

Corporate Address

850 Bear Tavern Rd., #303 Ewing, NJ 08628

CEO

Kathleen Kuhn

Parent Company

HouseMaster of America

About HouseMaster

Ken Austin began an independent property inspection service in northern New Jersey in 1971. Nine years later, he formed HouseMaster and began franchising, using marketing experience he gained at Johnson & Johnson and Warner Lambert Co. to spread the word about his new company.

HouseMaster inspectors check out all the major systems of a home, providing a comprehensive report on all physical conditions. The HouseMaster Express Report can be completed on-site. HouseMaster franchises offer homebuyers a limited inspection guarantee, and the company has a group errors and omissions insurance program to protect franchisees.

Financials

Financial Requirements

Initial Investment

$61,100 - $107,900

Net-worth Requirement

$80,000

Liquid Cash Requirement

$40,000

Ongoing Fees

Initial Franchise Fee

$42,500

Ongoing Royalty Fee

6-7.5%

Ad Royalty Fee

2-2.5%

Financing Options

HouseMaster has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs

Veteran Incentives


15% off franchise fee

Franchise 500® Rank History

Highest Rank: 130

Lowest Rank: 349

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 2 weeks

Additional Training: Technical training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 1 - 5

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 10th, 2015

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