Start-Up Costs and Fees |
||
| HouseMaster Home Inspections | Elliott & Company Appraisers | |
| Investment | 61100 - 106150 | 3700 - 18900 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6%-7.5% | 8-18% |
| Advertising Fee | 2%-2.5% | |
| Year Founded | 1971 | 1980 |
| Year Franchised | 1979 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HouseMaster Home Inspections | Elliott & Company Appraisers | |
| Experience | Marketing skills Management skills | |
Financing Options |
||
| HouseMaster Home Inspections | Elliott & Company Appraisers | |
| 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 | Elliott & Company Appraisers | |
| Training | Classroom Training: 40-120 hours Additional Training: Technical training | State required continuing education every year |
| Support | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 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. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| HouseMaster Home Inspections | Elliott & Company Appraisers | |
| 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 | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | 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 | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | |
| Franchise Fee | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | |
| Royalty Fee | |
| HouseMaster Home Inspections | 6%-7.5% |
| Elliott & Company Appraisers | 8-18% |
| Advertising Fee | |
| HouseMaster Home Inspections | 2%-2.5% |
| Elliott & Company Appraisers | |
| Year Founded | |
| HouseMaster Home Inspections | 1971 |
| Elliott & Company Appraisers | 1980 |
| Year Franchised | |
| HouseMaster Home Inspections | 1979 |
| Elliott & Company Appraisers | 1993 |
| Term Of Agreement | |
| HouseMaster Home Inspections | 10 years |
| Elliott & Company Appraisers | 5 years |
| Renewal Fee | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | $500 |
Business Experience Requirements |
|
| Experience | |
| HouseMaster Home Inspections | Marketing skills Management skills |
| Elliott & Company Appraisers | |
Financing Options |
|
| Franchise Fees | |
| HouseMaster Home Inspections | No |
| Elliott & Company Appraisers | No |
| Start-up Costs | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | |
| Equipment | |
| HouseMaster Home Inspections} | |
| Elliott & Company Appraisers | |
| Inventory | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | |
| Receivables | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | |
| Payroll | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | |
Training & Support |
|
| Training | |
| HouseMaster Home Inspections | Classroom Training: 40-120 hours Additional Training: Technical training |
| Elliott & Company Appraisers | State required continuing education every year |
| Support | |
| HouseMaster Home Inspections | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform |
| Elliott & Company Appraisers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| HouseMaster Home Inspections | Regional Advertising Social media Website development Email marketing Loyalty program/app |
| Elliott & Company Appraisers | 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. |
| Elliott & Company Appraisers | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 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 |
| Elliott & Company Appraisers | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| 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 |
| Elliott & Company Appraisers | |
| International Expansion | |
| HouseMaster Home Inspections | |
| Elliott & Company Appraisers | |