What is the total number of AmeriSpec Inspection Services outlets that ceased operations for other reasons in 2024?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2023 | 0 | |---|---|---| | | 2024 | 0 | | TN | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | WI | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Total | 2022 | 5 | | | 2023 | 2 | | | 2024 | 4 | AmeriSpec FDD April 30, 2025 #238466v3
| State | Year | Outlets at the Start of the Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at the End of the Year
Source: Item 20 — Outlets and Franchisee Information (FDD pages 39–46)
What This Means (2025 FDD)
According to the 2025 AmeriSpec Inspection Services FDD, one outlet in Florida ceased operations for 'other reasons' during 2024.
This information is crucial for potential franchisees as it offers insight into the stability and potential risks associated with owning an AmeriSpec Inspection Services franchise. 'Ceased Operations - Other Reasons' can be a broad category, potentially encompassing issues like failure to meet performance standards, disputes with the franchisor, or other unforeseen circumstances that led to the closure of the franchise.
It is important to note that this is a single data point, and a more comprehensive understanding would require analyzing trends over several years and comparing them with industry benchmarks. A prospective franchisee should inquire with AmeriSpec Inspection Services about the specific reasons that fall under this category and what measures are in place to prevent such occurrences. Understanding the causes behind these closures can help a franchisee assess the risks and make informed decisions before investing in the franchise.