Start a AmeriSpec Inspection Services Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $61K - $77K

Units as of 2021: 269 1% over 3 years

AmeriSpec Inspection Services was founded in 1987 in Orange City, California. It is a subsidiary of a group of companies known as ServiceMaster, which owns several other recognized brands and franchises.

AmeriSpec Inspection Services provides expert residential and commercial property inspection services to buyers before they make a purchase. The company prides itself on inspecting 400 items in the home, including lead-based paint and carbon monoxide testing, energy assessments, pool and spa inspections, and more.

Why You May Want to Start an AmeriSpec Inspection Services Franchise

AmeriSpec Inspection Services owns more than 225 franchises across North America and carries out thousands of inspections annually. AmeriSpec Inspection Services values strong management skills, professionalism, and excellent customer service with an amiable personality at the core of its operations.

If you want to be part of a company that understands its business, you may want to consider starting an AmeriSpec Inspection Services franchise.

AmeriSpec Inspection Services has been ranked in Entrepreneur's Franchise 500 many times in the past several decades. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

What Might Make an AmeriSpec Inspection Services Franchise a Good Choice?

Owning a service-based franchise such as AmeriSpec Inspection Services will require you to have a pleasant personality while giving your customers excellent service each time. Taking delight in answering questions, clarifying technical information, and producing sound inspection reports are non-negotiable skills needed in a franchisee. Additionally, a franchisee with excellent business acumen, professionalism, and super management skills may do well with an AmeriSpec Inspection Services.

Opening an AmeriSpec Inspection Services franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

How To Open an AmeriSpec Inspection Services Franchise

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the AmeriSpec Inspection Services franchising team questions.

To be part of the AmeriSpec Inspection Services team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Once you complete the classroom training, some inspection training in the field, and hands-on technical training, you may be ready to open your AmeriSpec Inspection Services franchise. The franchisor will walk with you through the entire process, provide knowledge when needed, share strategies, and teach the best practices to employ in your franchise. Before long, you may be running your AmeriSpec Inspection Services franchise comfortably, riding on the experience and reputation of a brand that has been in this business for decades.

Company Overview

About AmeriSpec Inspection Services

Industry	Services (Other)
Related Categories	Home Inspections
Founded	1987
Parent Company	ServiceMaster
Leadership	Dustin Tremellen, Head of Franchising
Corporate Address	1 Glenlake Pkwy. N.E., #1400 Atlanta, GA 30328
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	1988 (36 years)
# of employees at HQ	176
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Asia, Europe (Western)
# of Units	269 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a AmeriSpec Inspection Services franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$24,900
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$60,850 - $77,310
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$40,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$22,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	20% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	7%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	3%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	5 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing	AmeriSpec Inspection Services offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	30 hours
Classroom Training	93.5 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	2
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No