HouseMaster

HouseMaster

HouseMaster
Not Ranked

Initial Investment

LOW: $61,100
HIGH: $106,150

Change in Units

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

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1971

Franchising Since

1979 (37 Years)

Corporate Address

92 E. Main St., #301 Somerville, NJ 08876

CEO

Kathleen Kuhn

Parent Company

HouseMaster LLC

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 - $106,150

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, equipment

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 throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 10 days

Additional Training: Technical training

Ongoing Support
Newsletter
Meetings
Toll-Free Line

Marketing Support
National Media

Number of employees required to run: 1 - 5

Related Franchises

Related Articles

From Wall Street to Franchisee

From Wall Street to Franchisee

More than 500,000 workers have left the financial sector since the recession began. Many of them became franchisees.
Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year's hottest franchise categories that do more with less.
2 Artists Find Second Careers with a 'Paint and Sip' Franchise

2 Artists Find Second Careers with a 'Paint and Sip' Franchise

Using their knowledge and skills, this couple revamped their careers and finances.
2016 Top 100 Low Cost Franchises

2016 Top 100 Low Cost Franchises

The top 100 low-cost franchises, all for less than $60,000.
Tracy Stapp Herold
From the NFL Locker Room to the Boardroom

From the NFL Locker Room to the Boardroom

Entrepreneurship was plan B for Chicago Bears offensive lineman Tafa Jefferson.
Tom Scarda, CFE

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 28th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012