HOUSEMASTER

HOUSEMASTER

HouseMaster franchises provide building inspection and related services to residential and commercial customers using the HouseMaster brand and system. Franchisees can operate as start-ups or convert existing inspection businesses, with the franchisor offering support without owning or operating any locations. The target market includes homeowners, real estate professionals, and businesses seeking reliable property inspection services.

235
Locations
$69K–$113K
Investment
Since 1979
Franchising
ServicesWaco, TXNeighborly (controlled by KKR)www.housemaster.comDisclaimer

Franchise Costs


Franchise Fee
$42,500
Item 5 of FDD
Initial Investment Range
$68,878 $112,728
Low: $68,878High: $112,728
Item 7 of FDD
Royalty Rate
7.50%
of gross sales
Brand Fund
2.50%
Item 6 of FDD
Fixed Monthly Fees
$134 – $778
Item 6 of FDD

Tiered royalty (7.5%-5% of gross sales) + tiered MAP fund (2.5%-2% of gross sales) + $104/mo technology + $30-$200/mo QuickBooks + $350-$450/mo call center (if required)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0

Data Based On: 206 franchised businesses (units) from 106 franchisees reporting sales for the entire 2024 Reporting Period (January 1, 2024 to December 31, 2024).

* Calculated weighted average gross revenue per unit based on segmented franchisee data. Average sales per franchisee from Table A were divided by the number of units owned by franchisees in each group. The 4-8 unit group was determined to represent 65 units for 8 franchisees, making an average of 8.125 units per franchisee. Group 1 (68 franchisees, 1 unit(s) each): Total units = 68, Avg sales per unit = $137,675.00 Group 2 (17 franchisees, 2 unit(s) each): Total units = 34, Avg sales per unit = $163,003.00 Group 3 (13 franchisees, 3 unit(s) each): Total units = 39, Avg sales per unit = $182,863.00 Group 4 (8 franchisees, 65 total units): Total units = 65, Avg sales per unit = $64,106.09 Calculated approximate median gross revenue per unit by taking the median of a list of unit revenues, where each unit's revenue is approximated by the median sales per unit for its respective group (median sales per franchisee divided by units per franchisee). Group 1 (68 franchisees, 1 unit(s) each): Median sales per unit = $96,619.00 Group 2 (17 franchisees, 2 unit(s) each): Median sales per unit = $129,801.50 Group 3 (13 franchisees, 3 unit(s) each): Median sales per unit = $120,621.67 Group 4 (8 franchisees, 65 total units): Median sales per unit = $35,221.54

Extracted Item 19 Section

How HOUSEMASTER Compares


Key Insights

  • Lower investment than 89% of Home Services franchises
  • Lower than average SBA loan default rate in Home Services
FranchiseInvestmentFeeRoyaltyLocations
HOUSEMASTER
Current
$69K – $113K$43K7.5%235
MERRY MAIDS$127K – $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$150K – $177K$127K10.0%653
SIGN GYPSIES$4K – $5K$1KN/A587
MOSQUITO AUTHORITY$54K – $128K$45K10.0%546
Culligan$130K – $814K$40K2.0%460
Home Services Average
130 franchises
$144K – $289K$53K7.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 130 Home Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
33
2FL
31
3NJ
17
4TX
13
5OH
13
6NC
12
7PA
12
8NY
11
9IL
9
10CO
7
11SC
6
12AZ
6
13GA
5
14IN
5
15TN
5

+30 more states

SBA Loan History


Historical SBA 7(a) loan data for HOUSEMASTER franchisees (20102025)

Total Loans
28
Average Loan
$156,725
Total Volume
$4.4M
Default Rate
14.3%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


177 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

177 Contacts Available

Unlock all HOUSEMASTER franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
10
Non-Renewals
15
Reacquired
0
Ceased Ops
1
Transfers
5
Sold to Franchisees
0
Projected New
14

Frequently Asked Questions


The total initial investment to open a HOUSEMASTER franchise ranges from $68,878 to $112,728. This includes a franchise fee of $42,500. Ongoing royalty fees are 7.5% of gross sales.

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