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Below is an in-depth analysis and side-by-side comparison of HouseMaster Home Inspections vs The Inspection Boys 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 | $35,000 - $55,000 |
Franchise Fee | $42,500 | $17,500 |
Royalty Fee | 6%-7.5% | 4-6% |
Advertising Fee | 2%-2.5% | 3% |
Year Founded | 1971 | - |
Year Franchised | 1979 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/No | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 40-120 hours Additional Training: Technical training | Training is held in our HQ in New Jersey for 5 days. |
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 |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | No |
International Expansion | No | No |
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.
With The Inspection Boys, you can start your own business in a
growing market by taking advantage of one of our streamlined franchise
opportunity.
You’ll immediately benefit from the power of The Inspection Boys brand and our years of experience offering successful service to
residential, commercial, and industrial customers. If you have
management experience; a desire to work with some of the best management
professionals in the business; and are willing to invest in an
established brand in the industry, please consider joining The
Inspection Boys franchise team.
Franchise System Benefits
We offer many benefits to our franchise businesses, which include: