Is there a renewal fee charged by Amerispec Inspection Services in connection with the renewal of the Franchise?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to the 2025 Amerispec Inspection Services FDD, there is no mention of a renewal fee charged specifically for the renewal of the franchise itself. However, franchisees are required to use the AmeriSpec Management System (AMS) software, for which there is an annual renewal fee.
The FDD states that the company charges an initial license fee of $300 for the AMS software, which is included in the Marketing and Technology Bundle. Additionally, there is an annual renewal fee of $300 per year for this software. This fee is pro-rated for the franchisee's first year of operation and is payable on June 1st for each subsequent year.
Amerispec Inspection Services reserves the right to periodically increase the AMS renewal fee by a reasonable amount to reflect the company's increased costs of providing services and software access. Prospective franchisees should factor this annual software renewal fee into their operating cost projections. It is important to note that this fee is for the software license and not explicitly for the renewal of the franchise agreement itself.