How many Amerispec Inspection Services outlets were terminated in Florida during 2022?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2023 | 0 | |---|---|---| | | 2024 | 0 | | TN | 2022 | 0 | | | 2023 | 0 | | | 2024 | 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- Ot
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 was one termination of an Amerispec Inspection Services outlet in Florida during 2022. The data comes from a table summarizing outlet information by state and year.
This indicates that a franchise agreement was ended, leading to the closure of that particular Amerispec Inspection Services location. Terminations can occur for various reasons, including the franchisee's failure to meet performance standards, violation of the franchise agreement, or mutual agreement between the franchisor and franchisee.
Prospective franchisees should carefully consider the rate of terminations as part of their due diligence. While one termination in a state doesn't necessarily indicate a systemic problem, it's a factor to consider alongside other data such as openings, non-renewals, and transfers to get a sense of the stability and success of existing franchises. It would be prudent to inquire with Amerispec Inspection Services about the reasons for the termination to better understand the context.