HouseMaster Home Inspection

a Neighborly company

Providing the industry-leading experience in home inspection services since 1971, HouseMaster, a Neighborly company, is far and away the premier brand in the field. We offer the industry’s highest rated inspections and the most attractive franchise opportunity in the business.

Category: Real Estate

Concept Description

 

The HouseMaster franchisee will perform building inspection and related services for customers. As a HouseMaster Business Owner, you provide more than just property inspections; you give home buyers peace of mind and knowledge to protect their greatest investment.

HouseMaster is the oldest home inspection in the nation with more than 250 locations in the US and Canada.  While the initial investment is modest, the potential return and profit margins are large.  Our business model is simple.  There is no need for location leases and no inventory to manage.  We simply produce an industry-leading home inspection and related inspection services with the most sophisticated delivery model in the industry.

Our franchisees can run the business by doing inspections themselves or they can organically grow a large team.  We support both models with our foolproof paint-by-numbers marketing program.  The low overhead/quick ramp up allows owners to get to profitability quickly.

We welcome people with real estate or construction experience, but most of our franchisees come from unrelated industries and Corporate America.  Owners can rely on the softer skills of relationship building and communication rather than technical knowledge while our training school and top-rated support teams teach care the rest.

HouseMaster features:

  • Consistent ranking in the Entrepreneur Magazine Franchise 500
  • “Among the Best” ranking for franchisee satisfaction from Franchise Business Review
  • Net Promoter Score (customer service rating) consistently above 90
  • Our average Franchisee has been with us over 13 years, and more than 20% have been in the system for 20 years or longer

Unit Option

Single, Multiple

Background

FDD Franchised Units: 235

Corporate Owned Units: 0

Projected New Units: 19

Year Established: 1971

First Year Franchised: 1979

Type of Business: Franchise

Hours of Operation: Regular Business Hours

Number of Employees: Small (1-5)

History:

Franchised in 1979, HouseMaster pioneered the industry and has grown into the leading home inspection franchise in the nation. In 2020 HouseMaster was purchased by the Neighborly Corporation.

Availability

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Not Available
Available
Focus

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Available
Focus

Territories: United States, Canada: Registered

Financials

Liquidity: $45,000

*Investment Range: $58,825 - $92,675

**Average Investment: $75,000 - $85,000
Provided by the Franchisor

Minimum Net Worth: $100,000 or less

6 Month Cash: $10,001

Franchise Fee: $42,500

Royalty: 7.5%-5%

Royalty Description: 7 ½% of first $125,000 in Gross Sales per year, 7% on $125,001 - $250,000, 6½% on Gross Sales of $250,001 - $500,000, 6% on Gross Sales of $500,001 - $1,000,000, 5½% on Gross Sales of $1,000,001 - $1,500,000 and 5% on Gross Sales over $1,500,000, in each case other than “roll-in” sales (For “roll-in” sales, see Note 3). You must pay a minimum monthly License Fee for each Territory .

Advertising: National MAP fee: 2½% of first $125,000 in Gross Sales per year, 2¼% on Gross Sales of $125,001 - $250,000, and 2% on Gross Sales over $250,000. Local: minimum of $500 per month

Ramp-Up: 4 to 6 months

Passive Ownership: Semi- passive after 1 year
Passive Ownership means the owner is working 15 hours or less per week in the business.

Passive Ownership Explain: Must have a competent staff in place including a licensed inspector and a marketing person

Available Discounts

  • Veterans

Discount Description: $6,000 discount

Training, Support and Assistance

Co-Operative Advertising: N/A

Site Selection Assistance: N/A

Lease Negotiation Assistance: N/A

Length of Training: 10 days

Training Description:

Training begins with a 4 week self-paced onboarding program where an Onboarding Coach will help you set up the business and do the preliminary work.

Classroom training is 4 weeks long and includes both the Owner Training and Inspector Certification training which is done by our sister company, The National Institute of Building Inspectors.  We assist our Franchisees to meet the criteria of all states that have Inspector Licensing requirements.

Post-training includes regular coaching calls with the support staff including the marketing team and home inspection trainers.

Operational and Marketing Tools:

  • State-of-the-art Home Inspection Software that runs on a tablet
  • Proprietary HouseMaster Cloud inspection delivery system which provides ongoing tools and support for home buyers
  • HouseMaster Inspection Management System keeps track of scheduling, customers and the key performance indicators in your business
  • Professionally managed website, Social Media campaigns and fresh marketing stock keeps the brand in front of customers and realtors

Financing Assistance: N/A

Interested in this Concept? Unlock it with the form below.

Presented By:

Brett Ethridge

Legacy Franchise Solutions, LLC

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