Start-Up Costs and Fees |
||
| HouseMaster Home Inspections | BuyWise Inspection Services | |
| Investment | 61100 - 106150 | 30250 - 50000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6%-7.5% | |
| Advertising Fee | 2%-2.5% | |
| Year Founded | 1971 | 2004 |
| Year Franchised | 1979 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HouseMaster Home Inspections | BuyWise Inspection Services | |
| Experience | Marketing skills Management skills | |
Financing Options |
||
| HouseMaster Home Inspections | BuyWise Inspection Services | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HouseMaster Home Inspections | BuyWise Inspection Services | |
| Training | Classroom Training: 40-120 hours Additional Training: Technical training | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Regional Advertising Social media Website development Email marketing Loyalty program/app | |
| 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. | |
Expansion Plans |
||
| HouseMaster Home Inspections | BuyWise 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 | Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Ontario, Saskatchewan |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |
| Franchise Fee | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |
| Royalty Fee | |
| HouseMaster Home Inspections | 6%-7.5% |
| BuyWise Inspection Services | |
| Advertising Fee | |
| HouseMaster Home Inspections | 2%-2.5% |
| BuyWise Inspection Services | |
| Year Founded | |
| HouseMaster Home Inspections | 1971 |
| BuyWise Inspection Services | 2004 |
| Year Franchised | |
| HouseMaster Home Inspections | 1979 |
| BuyWise Inspection Services | 2006 |
| Term Of Agreement | |
| HouseMaster Home Inspections | 10 years |
| BuyWise Inspection Services | |
| Renewal Fee | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |
Business Experience Requirements |
|
| Experience | |
| HouseMaster Home Inspections | Marketing skills Management skills |
| BuyWise Inspection Services | |
Financing Options |
|
| Franchise Fees | |
| HouseMaster Home Inspections | No |
| BuyWise Inspection Services | No |
| Start-up Costs | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |
| Equipment | |
| HouseMaster Home Inspections} | |
| BuyWise Inspection Services | |
| Inventory | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |
| Receivables | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |
| Payroll | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |
Training & Support |
|
| Training | |
| HouseMaster Home Inspections | Classroom Training: 40-120 hours Additional Training: Technical training |
| BuyWise Inspection Services | |
| Support | |
| HouseMaster Home Inspections | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform |
| BuyWise Inspection Services | |
| Marketing | |
| HouseMaster Home Inspections | Regional Advertising Social media Website development Email marketing Loyalty program/app |
| BuyWise Inspection Services | |
| 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. |
| BuyWise Inspection Services | |
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 |
| BuyWise 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 |
| BuyWise Inspection Services | Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Ontario, Saskatchewan |
| International Expansion | |
| HouseMaster Home Inspections | |
| BuyWise Inspection Services | |