HouseMaster Home Inspections

HouseMaster Home Inspections

Home inspections and related services
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2022 Franchise 500 Rank
#275 Ranked #464 last year
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Initial investment
$61K - $108K
Units as of 2021
317 2.3% over 3 years

Company Overview

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.

About HouseMaster Home Inspections

Industry
Services (Other)
Related Categories
Home Inspections
Founded
1971
Parent Company
Neighborly
Leadership
Josh McCormick, Brand President

Franchising Overview

Franchising Since
1979 (43 years)
# of employees at HQ
11
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
317 (as of 2021)

Franchisor Information

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

Information for Franchisees

Here’s what you need to know if you’re interested in opening a HouseMaster Home Inspections franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$42,500
Initial Investment
$61,100 - $107,650
Veteran Incentives
15% off franchise fee
Royalty Fee
5-7.5%
Ad Royalty Fee
2-2.5%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
HouseMaster Home Inspections has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
10 hours
Classroom Training
54 hours
Additional Training
Technical training
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1-5
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where HouseMaster Home Inspections landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021