HouseMaster Home Inspection

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HouseMaster is a 43 year old home inspection service business and part of the Neighborly Brand System. The home inspection industry is always in need, and HouseMaster outcompetes the local operators using exceptional customer service and better technology. It’s a simple business model without real estate, inventory, or heavy equipment. Best of all, it can be started with a single owner/operator, and then grown into a multi-million dollar operation. Flexibility in the schedule allows for freedom and lifestyle. The overhead is very low, allowing owners to achieve break-even quickly, and go on to make an excellent income. Our average owner does about $300,000 annually, but the profit margin means most people can replace their salary quickly. Our average franchisee has been in the system for 14 years, 20% are 20 years or longer. We don't require a technical background, just a basic understanding of home construction. Some networking and relationship building with realtors required. Net Promoter Score is an unbelievable 92. This is a full-time business and can be built into absentee.
WHY HouseMaster Home Inspection?
Recession Resistant impervious to technology
Simple business, home based with no inventory. High margins on a low investment
Flexible schedule
OUR IDEAL FRANCHISEE
Self Motivated
Relationship builder
Basic mechanical skills
AVAILABLE MARKETS
US markets available: California, Pacific Northwest, South, many open markets across the country
HOT Regions/Desirable: California, Pacific Northwest, Phoenix, Texas, Utah
NOT available: Pending in HI, MN
Available in Canada: Yes
International Referrals: No
BACKGROUND
Year founded: 1971
Year Franchised: 1979
Number of franchises currently operating: 265
Number of corporate owned franchises: 0
Home Based: Yes
Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: Owner-Operator or grow with staff
E2 Visa Friendly: No
FINANCIAL DETAILS
Franchise Fee: Single: $42,500
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: $73,878 to $132,689
Net worth requirement: $100,000
Royalty: 7.5%
Additional fees: 2.5% Marketing Fund
Financial assistance available: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Training and support program details:
4 weeks of virtual pre-training to set up the business and begin virtual inspector school
2 weeks of classroom for the Owner's Training and National Institute of Building Inspectors (NIBI) school
3 Weeks of mentoring and intensive support
Ongoing Franchisee support
Cost for Training: Included in Franchise Fee
Lodging and airfare included: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Mentor following training: Yes
Length of mentoring Franchisee: 2-4 weeks
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