What is the minimum monthly royalty payment for an Amerispec Inspection Services franchise?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
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 Amerispec Inspection Services' 2025 Franchise Disclosure Document, franchisees must pay royalties equal to the greater of 7% of their gross receipts or a minimum of $280 per month. This royalty payment is non-refundable and must be paid without any deductions or offsets.
The minimum royalty payment of $280 per month begins the first full calendar month that starts 90 days after the Amerispec Inspection Services franchise opens. This means that for the first three months of operation, a franchisee only pays the 7% of gross receipts royalty if that amount exceeds $280.
These royalties are paid in exchange for the license to use Amerispec Inspection Services' system of operation, names, and marks. Franchisees must submit the royalty payments along with any required monthly reports by the date specified by Amerispec Inspection Services.