Rank no. 342 – AmeriSpec Home Inspection Services – US
Products & Services: Home inspections
Number of Locations: 286
Total Investment: $44.9K – 76.8K
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, Tru-Green/ChemLawn 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.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $26,900 – $36,900
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $50,000
Liquid Cash Available: $10,000 – $15,000
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).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|