How many Amerispec Inspection Services outlets were not renewed in Kentucky during 2023?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
024 | 1 | | WI | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Total | 2022 | 5 | | | 2023 | 2 | | | 2024 | 4 | AmeriSpec FDD April 30, 2025 #238466v3
| State | Year | Outlets at the Start of the Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at the End of the Year |
|---|---|---|---|---|---|---|---|---|
| A |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 39–46)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, there were two outlets in Kentucky that were not renewed during 2023. At the start of 2023, there were three Amerispec Inspection Services outlets, and at the end of the year, there was one. This decrease is attributed to the two non-renewals that occurred during that year.
For a prospective franchisee, this indicates that franchise agreements in Kentucky may not always be renewed. It is important to understand the factors that contribute to non-renewal, such as franchisee performance, adherence to brand standards, or changes in market conditions. A non-renewal means the franchisee will no longer be able to operate under the Amerispec Inspection Services brand and will lose the associated benefits and recognition.
It would be prudent for potential franchisees to discuss the reasons for non-renewals with the franchisor and existing franchisees in Kentucky to gain a better understanding of the local market dynamics and the franchisor's expectations. Understanding the criteria for renewal and the support provided to franchisees to meet those criteria is essential for making an informed investment decision.