HouseMaster Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
HouseMaster is known for its home inspection and great customer satisfaction, and if you want to diversify your portfolio, then the HouseMaster franchise is one of the great opportunities for you.
In this article, we will discuss everything related to the HouseMaster franchise, like its profit, franchise fee, investment, and other expenses. So, let’s begin.
Table of Contents
Wiki
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Ken Austin founded a home inspection company in 1971 as HouseMasters. And now, HouseMaster is one of the oldest and most respected names in home inspection throughout North America. In 1979, it began selling franchises, and in the same year, the first franchise store was opened in the USA. Currently, it has more than 272 units across North America.
Housemasters offer a remunerative franchise for entrepreneurs who are willing to invest in the home inspection franchise. Moreover, franchisors support and help the franchisees in many ways. They provide a training program, financing, and as well as venture discount for eligible candidates.
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Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Cost/ Investment
Initial Investment | $61,100 – $107,650 |
Franchise-Fee | $42,500 |
Liquidity | $30,000 |
Area Requirement | N/A |
Total Outlets | 272 Units |
Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Training & Support Of HouseMaster Franchise
HouseMaster provides an initial training period to all new franchisees.
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The program consists of two phases: the first phase includes marketing and operation related to the HouseMaster business, which is around two days, and the second phase is around eight days which includes technical training and building inspection education and skills, but it is just a general overview of the industry.
In some cases, they also provide in-depth training and knowledge of home inspector licenses and certifications. It is compulsory for the franchisees to complete the initial training program, and also, they need to pass a comprehensive test for the stratification of the franchisor.
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Term Of Agreement & Renewal
The initial length of the franchise agreement is 10 years. The agreement can be renewed for another 10 years.
But there are some conditions mentioned by the franchisors which have to be fulfilled by franchisees.
Profit
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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Contact details
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Website
https://franchise.neighborly.com/house-master/
FAQ
How Much Does It Cost To Own A HouseMaster Franchise?
Opening a HouseMaster franchise requires an initial investment of $61,100 – $107,650 and a minimum of $30,000 in liquid cash.
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How Many HouseMaster Franchises Are There?
There are more than 272 HouseMaster franchise locations in North America.
Does The HouseMaster Franchise Offer A Venture Discount?
Yes, HouseMaster offers an off $6,000 as a venture discount.
Does HouseMaster Support Third-Party Finance?
Yes, HouseMaster supports third-Party finance.
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Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
Is a Franchise?
Yes, a franchise.
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What is The Difference Between Franchisor vs. Franchisee
Click Here to know about it.
What Is The Difference Between Franchise Vs. Sole Proprietorship
Click Here to know about it.
Conclusion
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So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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