Start-Up Costs and Fees |
||
| HouseMaster Home Inspections | American Leak Detection | |
| Investment | 61100 - 106150 | 76755 - 259550 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6%-7.5% | 6-10% |
| Advertising Fee | 2%-2.5% | |
| Year Founded | 1971 | 1974 |
| Year Franchised | 1979 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HouseMaster Home Inspections | American Leak Detection | |
| Experience | Marketing skills Management skills | General business experience Marketing skills |
Financing Options |
||
| HouseMaster Home Inspections | American Leak Detection | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| HouseMaster Home Inspections | American Leak Detection | |
| Training | Classroom Training: 40-120 hours Additional Training: Technical training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention |
| Support | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Regional Advertising Social media Website development Email marketing Loyalty program/app | Co-op Advertising National Media Regional Advertising SEO Website development |
| Operations | 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. | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| HouseMaster Home Inspections | American Leak Detection | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HouseMaster Home Inspections | |
| American Leak Detection | |
| Franchise Fee | |
| HouseMaster Home Inspections | |
| American Leak Detection | |
| Royalty Fee | |
| HouseMaster Home Inspections | 6%-7.5% |
| American Leak Detection | 6-10% |
| Advertising Fee | |
| HouseMaster Home Inspections | 2%-2.5% |
| American Leak Detection | |
| Year Founded | |
| HouseMaster Home Inspections | 1971 |
| American Leak Detection | 1974 |
| Year Franchised | |
| HouseMaster Home Inspections | 1979 |
| American Leak Detection | 1984 |
| Term Of Agreement | |
| HouseMaster Home Inspections | 10 years |
| American Leak Detection | 10 years |
| Renewal Fee | |
| HouseMaster Home Inspections | |
| American Leak Detection | |
Business Experience Requirements |
|
| Experience | |
| HouseMaster Home Inspections | Marketing skills Management skills |
| American Leak Detection | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| HouseMaster Home Inspections | No |
| American Leak Detection | No |
| Start-up Costs | |
| HouseMaster Home Inspections | |
| American Leak Detection | |
| Equipment | |
| HouseMaster Home Inspections} | |
| American Leak Detection | |
| Inventory | |
| HouseMaster Home Inspections | |
| American Leak Detection | |
| Receivables | |
| HouseMaster Home Inspections | |
| American Leak Detection | |
| Payroll | |
| HouseMaster Home Inspections | |
| American Leak Detection | |
Training & Support |
|
| Training | |
| HouseMaster Home Inspections | Classroom Training: 40-120 hours Additional Training: Technical training |
| American Leak Detection | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Annual convention |
| Support | |
| HouseMaster Home Inspections | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform |
| American Leak Detection | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| HouseMaster Home Inspections | Regional Advertising Social media Website development Email marketing Loyalty program/app |
| American Leak Detection | Co-op Advertising National Media Regional Advertising SEO Website development |
| Operations | |
| 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. |
| American Leak Detection | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| American Leak Detection | |
| Canada Expansion | |
| HouseMaster Home Inspections | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| American Leak Detection | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| HouseMaster Home Inspections | |
| American Leak Detection | Australia/New Zealand, Canada, Central America, Eastern Europe, Japan, Mexico, South America, Western Europe, |