Start-Up Costs and Fees |
||
| AmeriSpec Home Inspection Services | HouseMaster Home Inspections | |
| Investment | 53550 - 72310 | 61100 - 106150 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 6%-7.5% |
| Advertising Fee | 3% | 2%-2.5% |
| Year Founded | 1987 | 1971 |
| Year Franchised | 1988 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| AmeriSpec Home Inspection Services | HouseMaster Home Inspections | |
| Experience | Industry experience General business experience Marketing skills | Marketing skills Management skills |
Financing Options |
||
| AmeriSpec Home Inspection Services | HouseMaster Home Inspections | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| AmeriSpec Home Inspection Services | HouseMaster Home Inspections | |
| Training | (Franchisee location training by correspondence) | Classroom Training: 40-120 hours Additional Training: Technical training |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Regional Advertising Social media Website development Email marketing Loyalty program/app |
| Operations | Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 5 Absentee ownership of franchise is not allowed. |
Expansion Plans |
||
| AmeriSpec Home Inspection Services | HouseMaster Home Inspections | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |
| Franchise Fee | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |
| Royalty Fee | |
| AmeriSpec Home Inspection Services | 7% |
| HouseMaster Home Inspections | 6%-7.5% |
| Advertising Fee | |
| AmeriSpec Home Inspection Services | 3% |
| HouseMaster Home Inspections | 2%-2.5% |
| Year Founded | |
| AmeriSpec Home Inspection Services | 1987 |
| HouseMaster Home Inspections | 1971 |
| Year Franchised | |
| AmeriSpec Home Inspection Services | 1988 |
| HouseMaster Home Inspections | 1979 |
| Term Of Agreement | |
| AmeriSpec Home Inspection Services | 5 years |
| HouseMaster Home Inspections | 10 years |
| Renewal Fee | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |
Business Experience Requirements |
|
| Experience | |
| AmeriSpec Home Inspection Services | Industry experience General business experience Marketing skills |
| HouseMaster Home Inspections | Marketing skills Management skills |
Financing Options |
|
| Franchise Fees | |
| AmeriSpec Home Inspection Services | Yes |
| HouseMaster Home Inspections | Yes |
| Start-up Costs | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |
| Equipment | |
| AmeriSpec Home Inspection Services} | |
| HouseMaster Home Inspections | |
| Inventory | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |
| Receivables | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |
| Payroll | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |
Training & Support |
|
| Training | |
| AmeriSpec Home Inspection Services | (Franchisee location training by correspondence) |
| HouseMaster Home Inspections | Classroom Training: 40-120 hours Additional Training: Technical training |
| Support | |
| AmeriSpec Home Inspection Services | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| HouseMaster Home Inspections | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| AmeriSpec Home Inspection Services | Co-op advertising, Ad slicks, National media, Regional advertising |
| HouseMaster Home Inspections | Regional Advertising Social media Website development Email marketing Loyalty program/app |
| Operations | |
| AmeriSpec Home Inspection Services | Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| HouseMaster Home Inspections | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 5 Absentee ownership of franchise is not allowed. |
Expansion Plans |
|
| US Expansion | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| AmeriSpec Home Inspection Services | 0 |
| HouseMaster Home Inspections | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| AmeriSpec Home Inspection Services | |
| HouseMaster Home Inspections | |