When is the Change Fee due for an Amerispec Inspection Services franchise?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Change Fee | $200 per Franchise Agreement | Before completing a change to the Franchise Agreement. | Payable if adding, deleting, or changing owner's name (other than an owner's spouse); changing business entity name; changing DBA (doing business as) name; or changing business structure. No charge to change DBA name or business structure with Franchisee as the new owner of the entity during first year of initial term. |
Source: Item 6 — Other Fees (FDD pages 14–18)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, the Change Fee is due before completing a change to the Franchise Agreement. The fee is $200 per Franchise Agreement and is payable if adding, deleting, or changing an owner's name (other than an owner's spouse), changing a business entity name, changing a DBA (doing business as) name, or changing the business structure.
However, there is an exception: there is no charge to change the DBA name or business structure with the franchisee as the new owner of the entity during the first year of the initial term. This provides a limited window for franchisees to make certain administrative changes without incurring the Change Fee.
Franchisees should be aware of these conditions and plan accordingly to avoid unnecessary fees, especially when considering changes to ownership, business names, or structure. Understanding the timing and circumstances under which the Change Fee applies can help franchisees manage their costs effectively during the term of their agreement with Amerispec Inspection Services.