How many Amerispec Inspection Services outlets were terminated in Iowa during 2024?
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' 2025 Franchise Disclosure Document, there was one termination in Iowa during 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For Iowa, in 2024, there were 4 outlets at the start of the year and 3 at the end of the year. No outlets were opened, and there was one termination. This information is valuable for prospective franchisees as it provides insight into the stability and performance of existing franchises within specific regions.
Reviewing termination rates can help potential franchisees assess the risks and opportunities associated with investing in an Amerispec Inspection Services franchise in a particular state. It is important to note that terminations can occur for various reasons, including franchisee performance, failure to adhere to franchise agreements, or mutual agreement between the franchisee and franchisor.