What is the Amerispec Inspection Services manual's section on royalty fees titled?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
ligible will be applied to the Initial Franchise Fee.
- 4.3 Upon the execution of this Agreement by the Company, the Initial Franchise Fee shall be deemed fully earned and non-refundable
5. ROYALTIES
- 5.1 Royalties. The Franchisee shall pay to the Company, without set off, nonrefundable royalties equal to the greater of 7% of the Gross Receipts of the Franchised Business or a minimum payment of $280 per month ("Royalties"). While Royalties are due on business generated from the date the Franchised Business commences operations, payment of the minimum fee shall commence the first f
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to the 2025 Amerispec Inspection Services FDD, the section in the manual that discusses royalty fees is titled "5. ROYALTIES". This section outlines the franchisee's obligation to pay royalties to Amerispec Inspection Services.
The franchisee is required to pay royalties equal to the greater of 7% of the gross receipts of the franchised business or a minimum payment of $280 per month. These royalties are nonrefundable and must be paid without any deductions or offsets.
While royalties are due from the start of business operations, the minimum monthly payment begins the first full calendar month that starts 90 days after the business opens. These royalties compensate Amerispec Inspection Services for the franchisee's right to use the System of Operation, Names, and Marks.