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AmeriSpec Home Inspection Service

Yes, we actively support the inclusion and development of minority-owned franchises in the AmeriSpec Home Inspection Service system.

AmeriSpec Home Inspection Service
889 Ridge Lake Blvd.
Memphis, TN 38120-9421
800#: (800) 426-2270
Tel: (901) 820-8500
Fax: (901) 820-8520
E-mail: sales@amerispec.com
Web Site: www.amerispecfranchise.com
Contact: Ms. Theresa Westphall, Sales Coordinator


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

Established: 1987
First Franchise: 1988
Franchise Units: 360
Company-Owned Units: 2
Total Units: 362

Distribution:
> North America -- Operations in 48 States, 8 Provinces
> States/Provinces with Greatest Density: 24 in CA, 16 in FL, 11 in IL

Units Owned by Minorities:
>African-American: 1
>Hispanic: 3
>Asian-American: 1
>Native American: 0
>Other: 2 Women

Average Number of Employees: 1 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB (for abbreviations click here)


Financial Requirements

Cash Investment: $10-15K
Total Investment: $24.6-63.5K
Average Total Investment: $44K
Minimum Net Worth: $25K

Fees
>Franchise: $18-26.9K
>Average Franchise Fee: $19K
>Royalty: 7%
>Advertising: 3%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 45
On-Going Support: C,D,E,G,h,I (for an explanation click here)
Training: 2 Weeks Memphis, TN.
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.


Franchisor's Specific Expansion Plans

U.S.: All United States


Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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