Start-Up Costs and Fees |
||
| HouseMaster Home Inspections | ProSpection | |
| Investment | 61100 - 106150 | 15800 - 38100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6%-7.5% | Varies |
| Advertising Fee | 2%-2.5% | |
| Year Founded | 1971 | 2003 |
| Year Franchised | 1979 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HouseMaster Home Inspections | ProSpection | |
| Experience | Marketing skills Management skills | |
Financing Options |
||
| HouseMaster Home Inspections | ProSpection | |
| 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 | ProSpection | |
| 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 | ProSpection | |
| 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 | |
| ProSpection | |
| Franchise Fee | |
| HouseMaster Home Inspections | |
| ProSpection | |
| Royalty Fee | |
| HouseMaster Home Inspections | 6%-7.5% |
| ProSpection | Varies |
| Advertising Fee | |
| HouseMaster Home Inspections | 2%-2.5% |
| ProSpection | |
| Year Founded | |
| HouseMaster Home Inspections | 1971 |
| ProSpection | 2003 |
| Year Franchised | |
| HouseMaster Home Inspections | 1979 |
| ProSpection | 2003 |
| Term Of Agreement | |
| HouseMaster Home Inspections | 10 years |
| ProSpection | 7 years |
| Renewal Fee | |
| HouseMaster Home Inspections | |
| ProSpection | |
Business Experience Requirements |
|
| Experience | |
| HouseMaster Home Inspections | Marketing skills Management skills |
| ProSpection | |
Financing Options |
|
| Franchise Fees | |
| HouseMaster Home Inspections | No |
| ProSpection | No |
| Start-up Costs | |
| HouseMaster Home Inspections | |
| ProSpection | |
| Equipment | |
| HouseMaster Home Inspections} | |
| ProSpection | |
| Inventory | |
| HouseMaster Home Inspections | |
| ProSpection | |
| Receivables | |
| HouseMaster Home Inspections | |
| ProSpection | |
| Payroll | |
| HouseMaster Home Inspections | |
| ProSpection | |
Training & Support |
|
| Training | |
| HouseMaster Home Inspections | Classroom Training: 40-120 hours Additional Training: Technical training |
| ProSpection | |
| Support | |
| HouseMaster Home Inspections | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform |
| ProSpection | |
| Marketing | |
| HouseMaster Home Inspections | Regional Advertising Social media Website development Email marketing Loyalty program/app |
| ProSpection | |
| 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. |
| ProSpection | |
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 |
| ProSpection | |
| 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 |
| ProSpection | 0 |
| International Expansion | |
| HouseMaster Home Inspections | |
| ProSpection | |