What is the Change Fee per Franchise Agreement for Amerispec Inspection Services?
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, a Change Fee of $200 per Franchise Agreement is required when completing certain changes to the agreement. This fee is payable before the change is made.
Specifically, this fee applies when adding, deleting, or changing an owner's name (excluding changes to an owner's spouse), when changing the business entity name, when changing the DBA (doing business as) name, or when altering the business structure. However, Amerispec Inspection Services does not charge a fee to change the DBA name or business structure if the franchisee is the new owner of the entity during the first year of the initial term.
This type of fee is not uncommon in franchising, as franchisors often need to update their records and legal documents to reflect changes in ownership or business structure. The fee helps to cover the administrative costs associated with processing these changes. Franchisees should be aware of this fee and factor it into their business planning if they anticipate making any of these types of changes to their Amerispec Inspection Services franchise agreement.