Start-Up Costs and Fees |
||
| HouseMaster Home Inspections | AmeriSpec Home Inspection Services | |
| Investment | 61100 - 106150 | 53550 - 72310 |
| Franchise Fee | 0 | |
| Royalty Fee | 6%-7.5% | 7% |
| Advertising Fee | 2%-2.5% | 3% |
| Year Founded | 1971 | 1987 |
| Year Franchised | 1979 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HouseMaster Home Inspections | AmeriSpec Home Inspection Services | |
| Experience | Marketing skills Management skills | Industry experience General business experience Marketing skills |
Financing Options |
||
| HouseMaster Home Inspections | AmeriSpec Home Inspection Services | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| HouseMaster Home Inspections | AmeriSpec Home Inspection Services | |
| Training | Classroom Training: 40-120 hours Additional Training: Technical training | (Franchisee location training by correspondence) |
| Support | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Regional Advertising Social media Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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. 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) |
Expansion Plans |
||
| HouseMaster Home Inspections | AmeriSpec Home Inspection Services | |
| 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 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |
| Franchise Fee | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |
| Royalty Fee | |
| HouseMaster Home Inspections | 6%-7.5% |
| AmeriSpec Home Inspection Services | 7% |
| Advertising Fee | |
| HouseMaster Home Inspections | 2%-2.5% |
| AmeriSpec Home Inspection Services | 3% |
| Year Founded | |
| HouseMaster Home Inspections | 1971 |
| AmeriSpec Home Inspection Services | 1987 |
| Year Franchised | |
| HouseMaster Home Inspections | 1979 |
| AmeriSpec Home Inspection Services | 1988 |
| Term Of Agreement | |
| HouseMaster Home Inspections | 10 years |
| AmeriSpec Home Inspection Services | 5 years |
| Renewal Fee | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |
Business Experience Requirements |
|
| Experience | |
| HouseMaster Home Inspections | Marketing skills Management skills |
| AmeriSpec Home Inspection Services | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| HouseMaster Home Inspections | No |
| AmeriSpec Home Inspection Services | No |
| Start-up Costs | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |
| Equipment | |
| HouseMaster Home Inspections} | |
| AmeriSpec Home Inspection Services | |
| Inventory | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |
| Receivables | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |
| Payroll | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |
Training & Support |
|
| Training | |
| HouseMaster Home Inspections | Classroom Training: 40-120 hours Additional Training: Technical training |
| AmeriSpec Home Inspection Services | (Franchisee location training by correspondence) |
| Support | |
| HouseMaster Home Inspections | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform |
| AmeriSpec Home Inspection Services | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| HouseMaster Home Inspections | Regional Advertising Social media Website development Email marketing Loyalty program/app |
| AmeriSpec Home Inspection Services | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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. |
| 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) |
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 |
| AmeriSpec Home Inspection Services | |
| 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 |
| AmeriSpec Home Inspection Services | 0 |
| International Expansion | |
| HouseMaster Home Inspections | |
| AmeriSpec Home Inspection Services | |