A HouseMaster®
Franchise is one of the most affordable franchise
opportunities. However, proper funding of initial
start-up costs is essential to establish a solid business
future. Undercapitalization is the number one cause
for small business failure. It is very important to be
certain that the necessary capital will be available to get
your franchise off on the right track.
The Initial Franchise Fee
is $24,500 for an area up to 50,000 Owner Occupied Homes and approximately 200,000 in population.
The following
table represents an estimate of the total initial investment
(initial franchise fee + additional expenses) you
will incur in establishing your franchise.
|
INITIAL INVESTMENT |
LOW |
to |
HIGH |
|
Initial Franchise Fee |
$24,500 |
to |
$24,500 |
|
Training Expenses
(travel and lodging) |
$500 |
to |
$2,000 |
|
Supplies
(marketing materials, inspection related materials,
inspector equipment, etc.) |
$2,000 |
to |
$5,000 |
|
Office
Equipment and Furniture |
$0 |
to |
$2,000 |
|
Computer
System |
$0 |
to |
$4,700 |
|
Rent |
$0 |
to |
$750 |
|
Prepaid
Expenses |
$250 |
to |
$2,500 |
|
General
Liability Insurance |
$500 |
to |
$750 |
|
Errors &
Omissions Insurance |
$2,500 |
to |
$3,500 |
|
Legal
Services |
$1,000 |
to |
$2,500 |
|
HouseMaster®
Manual Deposit |
$250 |
to |
$250 |
|
First Year
Conference Travel Expenses |
$1,000 |
to |
$3,000 |
|
Additional
Funds (3 months) |
$5,000 |
to |
$10,000 |
|
TOTAL
INITIAL INVESTMENT |
$37,500 |
to |
$61,450 |
Note:
These cost estimates do not include franchisee salary or
living expenses while building the business. Review
the Disclosure Document for all details regarding costs,
expenses and initial investment estimates.
|
