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AmeriSpec Home Inspection Service
- AmeriSpec, Inc.
Memphis, TN 38125
- (800) 230-2360 / (901) 597-8626
- (901) 597-7580 (Fax)
- Mr. Eric Schmitt, Franchise Sales Manager
- [email protected]
AMERISPEC delivers productivity enhancing tools to our owners like feature-rich personal Websites, branded email accounts, secure web delivery for reports and contact management software specifically designed to manage a home inspection business. A private intranet permits two-way communication with and among our owners. Consider our extensive training, the acclaimed and recognized 'AMERISPEC REPORT,' our on-going educational support and the package is complete.
Franchisor Background
Year Established: 1987
Franchising Since: 1988
Operating Units
| Franchised Units | 187 | 100.0% |
|---|---|---|
| Company-Owned Units | 0 | 0.0% |
| Total Operating Units | 187 | 100% |
Geographic Distribution
| USA | 131 | 63.9% | In 48 States |
|---|---|---|---|
| Canada | 74 | 36.1% | In 8 Provinces |
| International | 0 | 0.0% | In 0 Foreign Countries |
| Total | 205 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| California | 40 |
| Florida | 26 |
| Illinois | 17 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | Yes |
| Franchisee Association? | No |
| Size of Corporate Staff | 45 |
| Site Selection Assistance |
N/A |
| Lease Negotiation Assistance | N/A |
| Financial Assistance | Yes, Direct |
Marketing Support
| Co-Op Advertising | Yes |
|---|---|
| National Advertising | No |
| Regional Advertising | No |
| Local Advertising | No |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | N/A |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | Included |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Yes, at additional cost |
| 800 Telephone Hotline | Included |
Training
| Memphis, TN | 2 Weeks |
Financial Requirements
Investment
| Minimum Net Worth | $40K |
|---|---|
| Cash Investment | $10-15K |
| Total Investment | $37.3-67.5K |
| Average Total Investment | $52K |
Fees
| Initial Franchise Fee | $20-30K |
|---|---|
| Average Franchise Fee | $25K |
| On-Going Royalty | 7% |
| Average Royalty | 7% |
| Advertising Fee | 3% |
Site Information and Requirements
| Average Number of Full-Time Employees | 1 |
|---|---|
| Average Number of Part-Time Employees | 2 |
| Space Needs (in square feet) | N/A |
| Preferred Site Types | Home-Based |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | No |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 3 |
|---|---|
| General Business Experience | 3 |
| Specific Industry Experience | 3 |
| Formal Education | 3 |
| Psychological Profile | 1 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed, but discouraged |
| Area Development Agreements? |
No |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 25 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes, All Canada |
| Overseas | No |
