What is the subject of Exhibit E to the Amerispec Inspection Services Franchise Agreement?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
f TCB AmeriSpec, LLC does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580, and the appropriate state agency list in Exhibit C.
The franchise seller(s) for this offering is (are):
| Signature | Print Name | Date | |
|---|---|---|---|
| Signature | Print Name- | Date | |
| A - Franchise Agreement B - Financial Statements and Guaranty C - State Agencies and Agents for Service of Process D - List of Franchisees E - List of Former Franchisees | F - State Addenda to Disclosure Document and Franchise Agreement (where applicable) G - Table of Contents of Manuals H - General Release I - State Effective Dates and FDD Receipts | ||
| Issuance Date: April 30, 2025 | |||
| I have received a franchise disclosure document dated April 30, 2025, that included the following Exhibits: | |||
| See Exhibit C for AmeriSpec's agent for service of process in your state. | |||
| at TCB AmeriSpec, LLC, 57 Germantown Ct. Suite 201, Cordova, Tennessee 38018, Telephone: 844-326-5292. |
Source: Item 22 — Contracts (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Amerispec Inspection Services Franchise Disclosure Document, Exhibit E to the franchise agreement contains a list of former franchisees. This exhibit is included as part of the franchise disclosure document that prospective franchisees receive.
Franchisors are legally obligated to provide a comprehensive list of former franchisees who have exited the system in recent years. This requirement aims to provide transparency, allowing potential franchisees to contact these former operators and gain firsthand insights into the realities of running an Amerispec Inspection Services franchise. By reviewing this list, a prospective franchisee can identify trends, such as a high turnover rate in specific regions, which may warrant further investigation.
It is important for potential Amerispec Inspection Services franchisees to carefully review Exhibit E and consider reaching out to some of the listed former franchisees. These conversations can provide valuable information about the challenges and opportunities associated with the franchise, helping the prospective franchisee make a more informed decision.