What is the total value of Amerispec Inspection Services' property and equipment, net?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
nd timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.
Birmingham, Alabama April 30, 2025
TCB Services HoldCo, LLC and Subsidiaries Consolidated Balance Sheets December 31, 2024 and 2023
| 2024 | 2023 As Restated | |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash | $ 1,736,027 | $ 1,861,862 |
| Accounts receivable, net | 1,744,530 | 1,617,560 |
| Other receivables | 485,856 | - |
| Prepaid expenses and other current assets | 337,782 | 190,172 |
| Total Current Assets | 4,304,195 | 3,669,594 |
| Property and equipment, net | 1,105,077 | 42,500 |
| Right-of-use asset - operating | 1,556,153 | - |
| Goodwill, net | 13,591,343 | 10,258,260 |
| Intangible assets, net | 11,920,040 | 13,034,791 |
| Deferred tax assets | 94,570 | - |
| Notes receivable | 149,239 | 268,724 |
| Total Assets | $ 32,720,617 | $ 27,273,869 |
| LIABILITIES AND MEMBERS' EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $ 1,188,298 | $ 732,638 |
| Accrued expenses and other payables | 736,452 | 458,698 |
| Deferred revenue | 484,468 | - |
| Current portion of notes payable | 821,429 | - |
| Line of credit | 500,000 | - |
| Current portion of operating lease liabilities | 493,454 | - |
| Total Current Liabilities | 4,224,101 | 1,191,336 |
| Noncurrent Liabilities | ||
| Notes payable, net of current porti |
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to Amerispec Inspection Services' 2025 Franchise Disclosure Document, the net value of property and equipment for the company was $1,105,077 as of December 31, 2024, and $42,500 as of December 31, 2023. This figure represents the depreciated value of assets like tools, vehicles, furniture, and computer equipment owned by Amerispec Inspection Services.
The significant increase in property and equipment, net, from 2023 to 2024 suggests that Amerispec Inspection Services may have made substantial investments in its physical assets during that period. This could be due to expansion, upgrades, or acquisitions of new equipment. For a prospective franchisee, this indicates the level of investment Amerispec Inspection Services is willing to make in its own infrastructure.
It's important to note that these figures reflect the financial position of the franchisor, Amerispec Inspection Services, and not the investment required by an individual franchisee to start their own Amerispec Inspection Services franchise. Franchisees will typically need to invest in their own equipment, vehicles, and office space, the costs of which are detailed elsewhere in the FDD. Reviewing the capital expenditure requirements outlined in Item 7 of the FDD will provide a clearer picture of the investment needed to establish a franchise.