What was the total amount of liabilities assumed in the Amerispec Inspection Services acquisition?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
| Liabilities Assumed Accounts payable and accrued expenses Other current liabilities | (281,562) (56,198) | |-------------------------------------------------------------------------------------------|--------------------------| | Total liabilities assumed | (337,760) |
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, the total liabilities assumed in the acquisition amounted to $337,760. This figure is broken down into accounts payable and accrued expenses of $281,562 and other current liabilities of $56,198.
For a prospective franchisee, understanding the financial details of the acquisition, including the liabilities assumed, provides context for the overall financial health and stability of Amerispec Inspection Services. This information can be useful in assessing the franchisor's financial management and the potential risks and opportunities associated with investing in the franchise.
It's important to note that these liabilities were assumed as part of a larger transaction where assets were also acquired, and the difference between the purchase price and the net assets and liabilities was recorded as goodwill. Reviewing the complete financial statements and understanding the context of these figures within the broader financial picture is crucial for making an informed investment decision.