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Below is an in-depth analysis and side-by-side comparison of HouseMaster Home Inspections vs National Property Inspections including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $61,100 - $106,150 | $40,700 - $43,000 |
Franchise Fee | $42,500 | $34,900 |
Royalty Fee | 6%-7.5% | 8% |
Advertising Fee | 2%-2.5% | - |
Year Founded | 1971 | 1987 |
Year Franchised | 1979 | 1987 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | Classroom Training: 40-120 hours Additional Training: Technical training | On-The-Job Training: 40 hours Classroom Training: 120 hours Additional Training: Optional field training |
Support | Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform | Ad Templates National Media Social media SEO Website development Email marketing |
Marketing | Regional Advertising Social media Website development Email marketing Loyalty program/app | Ad Templates National Media Social media SEO Website development Email marketing |
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 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | Yes |
International Expansion | No | Yes |
Ken Austin began an independent house inspection service in northern New Jersey in 1970. Nine years later, he formed HouseMaster and began franchising, using marketing experience he gained at Johnson & Johnson and Warner Lambert Co. to spread the word about his new company. HouseMaster inspectors check out all the major systems of the house, providing an objective opinion of its physical condition. The HouseMaster Express Report provides a comprehensive on-site report. HouseMaster franchises offer homebuyers a limited inspection guarantee and has an errors and omissions insurance program to protect franchisees.
Founded by Roland Bates in 1987, National Property Inspections Inc. (NPI) provides commercial and residential inspections, as well as government, insurance, and corporate relocation inspections. NPI offers computerized on-site inspection reporting that meets standards set by the American Society of Home Inspectors and the National Association of Home Inspectors. Inspectors provide property inspections that include the foundation, roof, furnace, air conditioning, electrical system, plumbing, lots and grounds.
Your NPI franchise fee pays for an inclusive franchise
start-up package that provides the vital tools and training you’ll need
to launch your own inspection business.