What is the current principal place of business for Amerispec Inspection Services for the purpose of mediation location?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
The mediation shall be held in the metropolitan area of Company'sthen-current principal place of business (currently, Memphis, Tennessee) and shall not last more than one day, unless the parties agree otherwise.
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to the 2025 Amerispec Inspection Services FDD, the location for mediation will be in the metropolitan area of the company's principal place of business. The FDD states that the current principal place of business for TCB AMERISPEC, LLC (Amerispec Inspection Services) is Memphis, Tennessee.
This means that if a dispute arises between an Amerispec Inspection Services franchisee and the franchisor that proceeds to mediation, the mediation must occur in the Memphis, Tennessee metropolitan area. This location is fixed unless both parties agree to an alternative location.
A prospective franchisee should consider the potential travel costs and logistical challenges associated with attending a mediation in Memphis, Tennessee, should a dispute arise. Franchise agreements often specify a location for dispute resolution, and it is not uncommon for it to be the franchisor's principal place of business.