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AmeriSpec Home Inspection Services

2014 Franchise 500
#357
At a Glance

Products & Services: Home inspections

Number of Locations: 285

Total Investment: $44.3K - $75.5K

Founded: 1987

Began Franchising: 1988

About AmeriSpec Home Inspection Services

When AmeriSpec was launched in Anaheim, California, its aim was to offer inspection services to homebuyers. The company soon began franchising, offering interior, exterior and structural inspections of homes to potential buyers across the country. In 1996, AmeriSpec became part of ServiceMaster, allowing for co-branding with companies like Terminix, Merry Maids and Furniture Medic. These relationships allow AmeriSpec to offer its customers discounts on services from its partner companies. In addition to the home inspections the company has offered from the beginning, AmeriSpec also performs environmental inspections, checking homes and property for the presence of water contaminants, mold, carbon monoxide, lead and radon.

Franchise Units

Year U.S. Canadian International Company Owned
2014 207 78 0 0
2013 208 78 0 0
2012 216 78 0 0
2011 232 87 0 0
2010 257 96 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $44,300 - $75,500
Franchise Fee: $26,900 - $36,900
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 15% off franchise fee
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $10,000 - $15,000
Operations
Franchise can be run from home. 20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: As needed. (Franchisee location training by correspondence)
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #357 (2014), #342 (2013), #191 (2012), #198 (2011), #243 (2010),
Low-Cost: #58 (2013), #29 (2012), #39 (2011), #57 (2010),
Top Home-Based: #98 (2013), #45 (2012), #57 (2011), #66 (2010),
America's Top Global: #196 (2014), #149 (2012), #156 (2011), #182 (2010),