AmeriSpec Inspection Services

Item 7 details the initial investment range of $76,085 to $92,860, including a $40,000 franchise fee, making it one of the more affordable service franchises. Ongoing fees include a 7% royalty on gross revenues, 3% brand fund contribution, a $55 monthly technology fee, and $600-$800 annual AIS software costs (about $50-$67 monthly). The absence of Item 19 earnings data is a critical gap—without validated revenue or profit figures, investors must rely on indirect indicators like the single SBA loan on record averaging $768,000, suggesting rare but substantial financing for possibly multi-unit operators despite the modest startup.

System metrics in Items 20 and 21 reveal concerning trends: locations dropped from 139 in 2023 to 102 in 2024, a -27% decline, with 30 terminations, 9 non-renewals, 4 transfers, and just 11 projected new units. Franchising since 1988 under parent TCB Services Holdings, LLC, this 27% contraction outpaces many peers and raises questions about brand momentum in a competitive real estate services market. For risk-tolerant investors eyeing territories, the low entry barrier might offset these red flags, but the sparse growth pipeline demands caution before committing.