What does 'RET' stand for in the context of Amerispec Inspection Services franchise performance criteria?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
ncrease from year to year. If you fail to attend the convention, you must pay us a fee of $500.
Item 12: Territory
We will designate a Territory in which your Franchised Business will provide services. We consider total population, relative affluence, and, if available, the number of recent Real Estate Transactions ("RETs") to determine a territory in our sole discretion. We use the current United States Census Bureau figures, or other sources we determine within our sole discretion, when considering population estimates. Your Territory will be listed as Exhibit A to your Franchise Agreement.
You will not receive an exclusive territory. You may face competition from other franchisees, from outlets that we own, or from other channels of distribution or competitive brands that we or our affiliates control.
Performance Criteria
Your Territory will remain unchanged as long as you comply with all your obligations under the Franchise Agreement and meet the following performance criteria (the "Performance Criteria"):
For a new Franchised Business, you must have complied with the Franchise Agreement and achieved (a) revenue growth over the trailing 3 years; (b) at least 3% market share; and (c) a revenue percentage increase from Year 2 to Year 3 that is either (i) equal to or greater than the percentage increase of RETs in your Territory or (ii) equal to or less than the percentage decrease of RETs in your Territory.
Source: Item 12 — Territory (FDD pages 31–33)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, "RET" stands for Real Estate Transactions. Amerispec Inspection Services uses the number of recent Real Estate Transactions, along with total population and relative affluence, to determine the territory for a franchise.
For a new Amerispec Inspection Services franchise, a franchisee must achieve revenue growth over the trailing 3 years and at least 3% market share. Also, the revenue percentage increase from Year 2 to Year 3 must be either equal to or greater than the percentage increase of RETs in the territory, or equal to or less than the percentage decrease of RETs in the territory.
For an existing Amerispec Inspection Services franchise, a franchisee must have at least 3% market share. The revenue percentage increase over a 5-year period must be either equal to or greater than the 5-year average increase in the RET(s) in the Territory, or equal to or less than the 5 year average decrease of RETs in the Territory. These metrics are part of the Performance Criteria that Amerispec Inspection Services uses to evaluate franchisees.