HouseMaster

HouseMaster is the most respected name in home inspections. For more than 40 years, HouseMaster has built upon a foundation of solid leadership and innovation with a continued focus on delivering the highest quality service experience to their customers and providing HouseMaster franchisees the tools and support necessary to do so.

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HouseMaster Franchise Cost and Requirements for 2024

Background

Why HouseMaster?

1. HOUSEMASTER HAS THE HIGHEST AUV PER FRANCHISEE IN THE INDUSTRY!
How do I make money? The average HM Inspection Fee last year was $486. It takes about 2-3 hours to inspect an average size house (let's say 2,000 SF). (per ITEM 19 - page 49). Roughly 1/3 is labor costs.
How much money can I make with HM? Average gross sales for a franchisee in 2017 was $295,978. The average gross sales for owners having more than 300,000 owner occupied households was $639,989. (per Item 19 - page 47).
In 2018 we had several franchisees awarded our HouseMaster Century Club Award, recognizing those offices that earned over $700,000 in revenue per year

FRANCHISEE IN THE INDUSTRY!
How do I make money? The average HM Inspection Fee last year was $486. It takes about 2-3 hours to inspect an average size house (let's say 2,000 SF). (per ITEM 19 - page 49). Roughly 1/3 is labor costs.
How much money can I make with HM? Average gross sales for a franchisee in 2017 was $295,978. The average gross sales for owners having more than 300,000 owner occupied households was $639,989. (per Item 19 - page 47).
In 2018 we had several franchisees awarded our HouseMaster Century Club Award, recognizing those offices that earned over $700,000 in revenue per year.

2. SAFETY FOR YOUR CLIENTS
STRONG stability and history of a leading brand in a growing category!
40 years in business, with the average tenure of 14 years in franchise network with near 10% 2nd generation franchisee

3. A BUSINESS MODEL WITH FLEXIBILTY AND SCALABILITY
No evening/night inspections. Average franchisee has 2 inspectors, adding marketing and inspectors for growth.
BUSINESS MODEL:
1) HOME-BASED - no monthly rent, no long-term lease, no landlords
2) B2B / B2C - network with realtors, mortgage bankers, etc. / then offer services to customers
3) DAYS / HOURS - flexible, prioritize & coordinate family, fun, and work
4) SCALABLE - add an inspector / truck, not more buildings or inventory

Company Details

Established: 1979
First Unit Franchised: 1979
Franchised Units: 2560
Company Owned Units: 0
States Registered In: All
Canada Franchises: Yes
International Franchises: Yes

Support and Training Offered By HouseMaster

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training:
1. HouseMaster Marketing and Operations Classroom (3 days: Monday to Wednesday*).
2. NIBI Classroom (Technical) Session (7 days: Wednesday* through Wednesday the following week).
3. NIBI Practicum Session - Field Training/Report Writing: (2 days: Thursday and Friday of second week).

Training registration is required two (2) weeks before the start of each session.
HouseMaster Classroom NIBI Classroom/Practicum
*The Wednesday session (first week) is for business owners and inspectors. The HouseMaster Classroom sessions are the culmination of a series of pre-training activities set up by your Franchise
Neighborly Webinar with Austin Meek

2024 Franchise Requirements Needed to Own a HouseMaster Franchise.

What does a HouseMaster Franchise Cost?

HouseMaster franchise fees for 2024:

Estimated Initial Investment Range: $58,250 - $92,200
Minimum Net Worth: $100,000
Franchise Fee: $42,500
Royalty: 7.5% - 5%
Ad: 2.5% - 2%
Average Number of Employees: 2
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes


Is HouseMaster a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. HouseMaster is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is HouseMaster a Home Based franchise?

Yes. HouseMaster is a home based franchise opportunity.

What Do HouseMaster Franchise Owners Make?

Click here to find out how much HouseMaster franchisees make. HouseMaster offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is HouseMaster a Master Franchise Opportunity?

No. HouseMaster is not a master franchise opportunity.

Does HouseMaster Offer a Veteran Discount?

Yes. HouseMaster franchise does offer a veteran discount.

Does HouseMaster Work with E2 Visa and EB-5 Visa Candidates?

Yes. HouseMaster franchise does work with E2 Visa and EB-5 Visa candidates.

Is HouseMaster Looking for Franchisees in Canada?

Yes. HouseMaster franchise is looking for Canada franchisees.

Is HouseMaster Looking for International franchisees?

No. HouseMaster franchise is not looking for International franchisees.

Where can I see HouseMaster's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Real Estate, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

HouseMaster Franchises for Sale

Click Here to inquire about existing HouseMaster franchises for sale. We may have HouseMaster franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.