What was the total value of Amerispec Inspection Services' current liabilities in 2024?

According to Amerispec Inspection Services' 2025 Franchise Disclosure Document, the company's total current liabilities in 2024 amounted to $4,224,101. This figure represents the sum of several short-term financial obligations, including accounts payable, accrued expenses, deferred revenue, the current portion of notes payable, a line of credit, and the current portion of operating lease liabilities.

Specifically, the current liabilities consist of accounts payable totaling $1,188,298, accrued expenses and other payables amounting to $736,452, deferred revenue of $484,468, the current portion of notes payable at $821,429, a line of credit of $500,000, and the current portion of operating lease liabilities totaling $493,454. These liabilities are considered current because they are expected to be settled within one year.

For a prospective Amerispec Inspection Services franchisee, understanding the franchisor's financial health is crucial. The current liabilities figure provides insight into the company's short-term obligations and its ability to meet them. A high level of current liabilities relative to current assets could indicate potential financial strain, while a lower level might suggest greater financial stability. Reviewing these figures in comparison to previous years and industry benchmarks can offer a more comprehensive understanding of Amerispec Inspection Services' financial position.

It is important to note that these figures are based on the information provided in the 2025 FDD and may not reflect the most current financial status of Amerispec Inspection Services. Prospective franchisees should conduct their own due diligence and consult with financial advisors to assess the financial viability of the franchise opportunity.