Business Description

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:	387	100%
Company-Owned Units:	0	0%
Total Operating Units:	387	100.0%
Minority Representation Units Owned by Minorities: African-American: 1 Asian-American: 1 Hispanic: 3 Native American: 0 Other: 2 Women Specific Minority   Program(s) in place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Geographic Distribution: U.S.: 313 80.9% In 48 States Canada: 74 19.1% In 8 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 387 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. California	40
2. Florida	26
3. Illinois	17

Registered in 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

Financial Requirements

Investment:
Minimum Net Worth:	$40K
Cash Investment:	$10-15K
Total Investment:	$20-57K
Average Total Investment:	$38K
Fees:
Initial Franchise Fee:	$20-30K
Average Franchise Fee:	$25K
On-Going Royalty:	7%
Average Royalty:	7%
Advertising Fee:	3%

Average Number of Employees: 1 Full-time, 2 Part-time

Space Needs (in square footage):

Preferred Sites: Home-based

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	1
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	45
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Memphis, TN	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 25 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from AmeriSpec Home Inspection Service.