What section of the Amerispec Inspection Services manual covers understanding fees?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
rming a home inspection and generate a home inspection report. The Company will assist Franchisee with Level 1 inspection software support and assist vendors with major bug fixes for the AIS. Currently, the Company charges an initial license fee of $1,000 per license for the first year that is included in the Marketing and Technology Bundle. For each year thereafter, an annual service fee that varies per license per inspector must be paid to the Company's approved vendor, depending on the method of payment. Additional licenses for the Franchised Business may be purchased directly from the Company's approved vendor. Franchisee must sign the approved vendor's then-current software license agreement for the AIS. The AMS (AmeriSpec Management System) is an online business management tool that allows Franchisee to have all Franchisee's needed information and automated processes in one place. The AMS allows the Company to market, schedule, and communicate with Franchisee's customers. Franchisee must sign a license agreement with the Company for use of this software, the form of which is included as Exhibit G to this Agreement. Currently, the Company charges an initial license fee of $300 per license (which is included in the Marketing and Technology Bundle) and an annual renewal fee of $300 per year for this software. The fee will be pro-rated for your first year of operation. For each year thereafter, the fee will be payable on June 1. New releases of the Software may be provided at additional cost and may be contingent upon execution of a new software license agreement by Franchisee. The Company reserves the right to assign its rights, title and interest in the Software to a third party designated by the Company or to replace the Software. In such event, Franchisee may be required to enter into a separate computer software license agreement specified by AmeriSpec or the third-party supplier of the specific Software. The Company has the right to designate a single source from whom Franchisee must purchase the Computer System, any software or hardware components thereof or associated service, and the Company or its affiliates may be that sin
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
Based on the 2025 Amerispec Inspection Services FDD, while there are references to various fees throughout the document, there is no specific section of the operations manual that is quoted that explicitly covers understanding all fees. However, Item 23 discusses several fees related to software and technology.
Specifically, the FDD mentions fees associated with the AmeriSpec Inspection Software (AIS) and the AmeriSpec Management System (AMS). For AIS, there's an initial license fee of $1,000 included in the Marketing and Technology Bundle for the first year. After the first year, an annual service fee, which varies per license per inspector, is payable to the company's approved vendor, with the amount depending on the payment method. For AMS, there is an initial license fee of $300 (also included in the Marketing and Technology Bundle) and an annual renewal fee of $300 per year, with the first year's fee being pro-rated.
Additionally, the FDD states that new releases of the software may come at an additional cost and may require the franchisee to sign a new software license agreement. The company also retains the right to modify or replace the software, potentially requiring franchisees to enter into new license agreements with AmeriSpec or a third-party supplier. Franchisees may also be required to pay for future updates and modifications to the Computer System, with 60 days' written notice.
A prospective Amerispec Inspection Services franchisee should ask the franchisor for a comprehensive breakdown of all fees, including those related to initial setup, ongoing services, software, training, and other potential costs, and should also inquire about how these fees might change over time.