AmeriSpec Home Inspection Services

AmeriSpec Home Inspection Services

AmeriSpec Home Inspection Services
Not Ranked

Initial Investment

LOW: $46,750
HIGH: $58,700

Change in Units

-7.4% -20 UNITS (1 Year)
-5.9% -16 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1987

Franchising Since

1988 (28 Years)

Corporate Address

3839 Forest Hill Irene Rd. Memphis, TN 38125

CEO

Marty Wick

Parent Company

AmeriSpec Inc.

Ticker Symbol

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.

Financials

Financial Requirements

Initial Investment

$46,750 - $58,700

Net-worth Requirement

$24,000

Liquid Cash Requirement

$24,000

Ongoing Fees

Initial Franchise Fee

$17,900

Ongoing Royalty Fee

7%

Ad Royalty Fee

3%

Financing Options

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

Veteran Incentives


15% off franchise fee

Franchise 500® Rank History

Highest Rank: 144

Lowest Rank: 357

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 10 days

Additional Training: (Franchisee location training by correspondence)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 29th, 2016

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