AmeriSpec Home Inspection Services

Founded: 1987 Franchising since: 1988
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.

3839 Forest Hill Irene Rd. Memphis, Tennessee 38125

Phone: (888)327-0269/ (901)597-8500

Franchisor is a publicly-held company with 27 employee(s); 8 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	262	83	0	0
2008	286	81	0	0
2007	309	69	0	0
2006	316	74	0	2
2005	314	72	0	2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 100,000-400,000 population, 1,000-4,000 real estate transactions

Total investment: $28.4K-59.4K Franchise fee: $19.9K/29.9K

Ongoing royalty fee: 7% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	Yes	No
Equipment	Yes	No
Inventory	Yes	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $10K-15K
Business Experience:

• Industry experience
• General business experience
• Marketing skills

Operations

• 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)

Training

• Available at headquarters: 2 weeks
• At franchisee's location: As needed
• (Franchisee location training by correspondence)

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Internet
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Franchise 500® rank:
#164 (2009); #297 (2008); #144 (2007); #154 (2006); #102 (2005);

Low-Cost Franchises:
#33 (2009); #66 (2008); #34 (2007); #36 (2006); #24 (2005);

Top Home Based Franchises:
#38 (2009); #79 (2008); #39 (2007); #39 (2006); #19 (2005);

America's Top Global Franchises:
#129 (2009); #115 (2007); #121 (2006);