
HouseMaster Home Inspections
Home inspections and related services- Units as of 2020
-
305 (7 lost in 3 years)2.3%
- 2021 Franchise 500 Rank
-
#464 Ranked #319 last year
- Initial investment
-
$61K - $106K
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.
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About HouseMaster Home Inspections
- Industry
- Services (Other)
- Related Categories
- Home Inspections
- Founded
- 1971
- Parent Company
- Master Home Services LLC
- Leadership
- Kathleen Kuhn, President
Franchising Overview
- Franchising Since
- 1979 (42 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
- 305 (as of 2020)
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 - $106,150
- Net Worth Requirement
- $100,000 - $200,000
- Cash Requirement
- $30,000 - $50,000
- Veteran Incentives
- 15% off franchise fee
- Royalty Fee
- 7.5-5%
- Ad Royalty Fee
- 2-2.5%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
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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
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-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail 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
- Are exclusive territories available?
- No
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Franchise 500 Ranking History
Compare where HouseMaster Home Inspections landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where HouseMaster Home Inspections ranked on other franchise lists? Find out below.
Franchise 500 Ranking
Top Global Franchises
Top Franchises for Veterans
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