HouseMaster - Franchise
HouseMaster, a Neighborly company, is the nation's leading home inspection franchise that helps customers take the guesswork out of buying a house.
Requirements
Financial requirements for this franchise:
Liquid Capital: | $40,000 What does Liquid Capital mean? |
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Net Worth: | $100,000 What does Net Worth mean? |
Franchise Fee: | $43,750 What does Franchise Fee mean? |
Total Investment: | $58,825 - $92,675 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | HouseMaster offers $6,000 off initial franchise fee for qualified veterans via VetFran. |
SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
Total Units: | 260 |
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Year Founded: | 1971 |
Franchising Since: | 1979 |
What Does a HouseMaster Franchise Cost?
To buy a franchise with HouseMaster, you'll need to have at least liquid capital of $40,000 and a minimum net worth of $100,000. Franchisees can expect to make a total investment of $58,825 - $92,675. HouseMaster charges a franchise fee of $43,750. They also offer financing via 3rd party as well as a discount for veterans (HouseMaster offers $6,000 off initial franchise fee for qualified veterans via VetFran.). *
HouseMaster Franchise Overview
Since 1971, HouseMaster® has provided a variety of home inspection services as a nationally recognized industry leader. HouseMaster franchise owners serve customers in more than 260 locations across North America. When it comes to starting a home inspection business, franchise owners looking to be their own boss have the support and resources to pursue their dream of business ownership in a growing industry.
HouseMaster is proud to be a part of Neighborly®, the world’s largest home services franchise with 19 brands and more than 5,000 locations focused on repairing, maintaining, and enhancing properties. Utilizing decades of experience and scale through the Neighborly Hub, this multi-brand portfolio provides our franchise owners with distinct advantages like improved networking opportunities and customer referrals between brands in the same local market, ultimately creating value for franchise owners and customers alike.
The Neighborly Done Right Promise™ is a core component of putting customer service first by taking the stress out of home maintenance, having pride in the work that gets done, and promising to make things right. Additionally, the culture across the entire family of brands is embodied by the Neighborly Code of Values, which emphasizes the importance of fostering a set of ideals that guide the organization. These elements, while small to some, set Neighborly and HouseMaster franchise owners apart from the competition.
Why Franchise With HouseMaster?
No Industry Experience Required: By utilizing an executive ownership model where you make the decisions and manage your own business, you have the choice to start up on your own or build a team.
Highly Scalable Model: With a relatively low initial investment and high service demand, the long-term revenue potential is substantial. 20% of franchise owners have been with HouseMaster for over 20 years, and a significant number are multi-unit owners.
Prime Territories: With available territories in some of the fastest-growing markets, there’s ample space and demand to establish your franchise. Better yet, thanks to designated territories, you’ll be able to collaborate and share best practices with other HouseMaster locations instead of compete for the same customers.
ProTradeNet® Buying Power: Exclusively available to Neighborly brand franchise owners, you’ll have access to discounts and rebates from over 250 preferred vendors, such as Lowe's and The Home Depot. In 2023, Neighborly brand franchise owners who joined PTN collectively received over $8.7 million in rebates and $98 million in up-front savings.
Award-Winning Recognition: With more than 50 years of success, HouseMaster has been recognized by leading organizations within the franchising space, such as Entrepreneur Franchise 500®, Franchise Business Review Top 200, and Franchise Times Top 400®.
Veteran Discounts: We are proud to partner with VetFran and offer franchise fee discounts for qualified veterans. With more than 425 current Veteran owners across Neighborly brands, we’re committed to helping transitioning and current Veterans achieve their business goals.
Our Ideal Candidate
Our franchise owners come from all walks of life. Some have held positions in corporate environments and are looking for a career change, while others have worked in the industry and are looking to lead their own business. No matter their background, our franchisees have a shared passion for providing a variety of reliable and quality services in their community. Some characteristics displayed by our most successful franchisees include:
- Entrepreneurial spirit driven to set and achieve goals
- Desire to build genuine relationships with customers, employees, and other franchisees
- Penchant for problem solving and critical thinking
- Commitment to delivering consistent, high-quality service
- Accountable to financial responsibilities and requirements
- Consistently dependable and reliable with words and actions
- Appetite for expanding knowledge and continuing education
Training and Support
HouseMaster franchise owners benefit from specialized training, operations, and support systems, including:
Sure Start: This training program connects you with a designated consultant that will work closely with you to provide in-depth marketing and sales training as you get started with your business.
Franchise Business Coach: You’ll be paired with a knowledgeable FBC to help answer questions, provide support, and ensure accountability as you grow your business.
National Marketing: Led by a team of experts on behalf of all franchise owners, efforts on asset development, marketing initiatives, and cross-brand promotion improve brand recognition.
Local Marketing Specialist: These knowledgeable experts set the stage for integrated plans and tactics in your market that focus on customer acquisition, retention, and reactivation.
Ongoing Training: Comprehensive education opportunities such as regional training events, national conferences, and owner collaboration ensure you have the knowledge to function at the top of your game.
Neighborly App: This free app makes it convenient for customers to find your brand, get inspiration for home projects, and book service appointments with just a few clicks.
Digital Integration: In an increasingly technology-based world, hosted landing pages, SEO and PPC guidance, and social media presence make it easier for customers to find your business.
Franchisee Testimonials
"If you have good customer service and marketing skills and experience, you can make it in this business. The trade can be taught."
- Kathy Hortsman
"Neighborly is so much more than just a brand. It’s a support system—a team that works behind the scenes to help with establishing the name and brand. "
- Melissa Boggs
"Stick with the system that HouseMaster and Neighborly provides for success. It works!"
- Garrett Daly
"Get to know the Neighborly brands in your territory. There are ways we can help to grow each other’s businesses."
- Tim Paino
"What I love most is the friendship and the environment. People really want to help you."
- Cesar Costa
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Availability
HouseMaster is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Georgia, Hawaii, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Dakota, Nebraska, New Hampshire, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $40,000 in liquid capital to invest.