AMERISPEC HOME INSPECTION Franchise Startup Cost, Revenue and Profit Margin
A lot of business entrepreneurs seeking for highly lucrative low-investment and home-based businesses now have their focus on home inspection franchises.
For a good reason, franchise opportunities in the home-inspection industry are extremely durable despite any economic downturn.
And this is the good reason why it will be an alternative option to discover how much an AmeriSpec Home Franchise is.
FRANCHISE INFORMATION ABOUT THE COMPANY
AmeriSpec was established in the year 1987 with the aim to offer home inspection services to buyers. It didn’t take a long time for the company to start offering franchise opportunities to the public. They started selling the AmeriSpec Home Inspection franchise in the year 1988, offering exterior, and interior as well as structural inspections of homes to assist potential buyers in getting the best home deals across America.
In 1996, AmeriSpec came under the management of ServiceMaster, which presented them with the opportunity to co-brand with great companies as Terminix, Furniture Medic and Merry Maids. This partnership affords AmeriSpec the opportunity to offer discounts on their services to their customers.
AmeriSpec Home Inspection also offers the services of environmental inspections, such as as water contaminant checks, presence of molds, lead, carbon monoxide and other kinds of toxic.
The services AmeriSpec Home Inspection offer can be categorised under the ‘low investment’ and ‘home related’ franchise categories. Which can as well be subcategorized under ‘real estate’
IS AMERISPEC A FRANCHISE?
A prospective franchisee might want to get information on if AmericSpec Home Inspection is a franchise. Yes the company offers franchise opportunities and they have been selling franchises for the past 30 years in the United States and Canada. The company can boast of more than 200 franchisees at these locations, with about 100,000 inspections being performed on a yearly basis.
BENEFITS OF BUYING AN AMERISPEC HOME INSPECTION FRANCHISE
AmeriSpec has proven strategies to help their franchisees to achieve maximum success in the business. Whether it is about enhancing operational efficiencies, capturing leads or maybe exploring new markets.
It is important to understand that AmeriSpec has completed more inspections than any other franchises in the industry. They have serviced about 1.5 million homes since 1988. That figure alone is enough proof that you will be benefiting so much from buying into the company’s franchise opportunity.
As an AmeriSpecfranchisee, you will be buying into a business that is backed up by:
- Large national accounts with the possibility of recurring revenue
- A standard training center managed by highly experience full-time instructors
- Full technical and business support
- Customised company-owned computer software
- Access to in-house financing
HOW MUCH DOES AN AMERISPEC HOME INSPECTION FRANCHISE COST?
If you are going to be considered for an AmeriSpec Franchise Opportunity, you will need to get acquainted with the AmeriSpec Franchise cost and you will be expected to meet up with the following financial requirements. You will need an initial investment of about $27000 to $65,000.
Also you will need to have a net-worth requirement of $24,000 and then a liquid cash requirement of about $24,000
AMERISPEC HOME INSPECTION FRANCHISE FEE
The AmeriSpec Home Franchise fee is the payment you make to the company to grant you access to the license to operate under the brand name of the company. This will cost you $17,900. You will also be expected to make an on-going ad royalty fee of 7% of the monthly gross revenue of your franchise unit. An Ad royalty fee of 3% will also be payable to the company.
WHO CAN BUY AN AMERISPEC HOME INSPECTION FRANCHISE
In order for you to qualify as a potential franchisee with AmeriSpec you will need to be a business-minded individual who possesses strong management skills coupled with great customer service experience. You will need to also have the zeal to assist people with the home-purchasing process by giving technical clarifications and providing a comprehensive report for your customers.
As a franchisee with the company, you will get intensive trainings ranging from classroom learning, hands-on technical training to on-field inspections. As a member of the network of AmeriSpec franchisee, you will have access a lot of information anytime you require it.
Unlike what is obtainable with most other franchise opportunities, AmeriSpec Home Inspection Service provides in-house financing to their franchisees. This financing will cover the AmeriSpec Franchise fee, equipment, startup costs and inventory. Veterans will also have access to get a rebate of about 15% off the franchise fee.
TERMS OF AGREEMENT AND RENEWAL
The period of years that you will be able to operate with the license of the AmeriSpec Home Inspection services is 10 years. After which you will be able to make a renewal if you are able to meet up with the company’s requirement. Renewal of terms will be for another 10 years with a fee of $5,000.