AmeriSpec Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
AmeriSpec is a home-inspection franchise providing residential inspections for buyers, sellers, and agents. Franchisees run an inspection business scheduling jobs, performing evaluations, and delivering reports, often built on realtor referrals.
FranchiseVerdict summary · 2026
A AmeriSpec franchise requires a total initial investment of $76K – $93K, including a $40K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 20.0% charge-off rate across 10 loans[1]. FranchiseVerdict grade: F (Weakest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $76K – $93K
- 8th pct Automotive
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 105
- 32nd pct Automotive
- SBA charge-off
- 20.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Automotive · color = vs category peers
Green = favorable by >10% vs Automotive avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $76K – $93K including a $40K franchise fee.
- RETURNSFinancials are consolidated for the parent, TCB Services HoldCo, LLC and Subsidiaries, audited by Forvis Mazars, LLP (Birmingham, AL), for FY ended Dec 31, 2024 (and period Mar 31 2023 - Dec 31 2023). 2023 figures restated. Total Revenue $9,237,267 comprises Royalty and other franchisor revenues $5,226,442, National Ad Fund Fees $1,082,251, and wholly owned franchisees service revenue $2,928,574. Net Loss of $(5,984,064) in 2024.
- RISKVerdict F (Weakest tier), verdict score 20/100 (higher is better). SBA loan charge-off rate of 20.0% across 10 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- DECLINESystem contracting at -33.5% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- TCB AmeriSpec, LLC
- Parent company
- TCB Services Holdings, LLC
- Ultimate parent
- TCB Services HoldCo, LLC
- Predecessor
- AMERISPEC SPE LLC / AmeriSpec L.L.C.
- Prior franchisor entity
- CEO title
- Chief Executive Officer and President
- Chris Gammill
- Incorporated in
- Delaware
- HQ
- 57 Germantown Ct. Suite 201, Cordova, Tennessee 38018
- Auditor
- Forvis Mazars, LLP
- Audited financials
- Franchisor revenue
- $9.2M
- vs $6.2M prior year
Affiliated brands
- of Eagle Merchant Partners
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Chris Gammill
- Headquarters
- TN
- Founded
- 1988
- FDD year
- 2025
- States available
- 33
Can you afford it, and what does the money buy?
Entry cost runs 91% below the typical automotive franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $20K | $25K |
| Equipment, build-out, other | $16K | $28K |
| Total initial investment | $76K | $93K |
Source: AmeriSpec 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $76K – $93K
- Top 40% of category vs category
- Liquid capital req'd
- $20K – $25K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Top 40% of category vs category
- Royalty
- Greater of 7% of monthly Gross Receipts or $280 per month…
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | greater of 7% of monthly Gross Receipts or $280 per month minimum |
| Marketing / ad fund | 3.0% of gross sales |
| Technology fee | $55 |
| Transfer fee | $7K |
| Renewal fee | $0 |
| Total fee load | 10.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
AmeriSpec did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one AmeriSpec unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
112%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Financials are consolidated for the parent, TCB Services HoldCo, LLC and Subsidiaries, audited by Forvis Mazars, LLP (Birmingham, AL), for FY ended Dec 31, 2024 (and period Mar 31 2023 - Dec 31 2023). 2023 figures restated. Total Revenue $9,237,267 comprises Royalty and other franchisor revenues $5,226,442, National Ad Fund Fees $1,082,251, and wholly owned franchisees service revenue $2,928,574. Net Loss of $(5,984,064) in 2024.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 10.0% (near the Automotive average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System contracting at -33.5% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Automotive averages
How AmeriSpec Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 105
- Opened
- 5
- Last reporting year
- Closed
- 39
- Turnover rate
- 40.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -33.5%
- Net unit change over 3 years
- 3-yr CAGR
- -33.5%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 5
- Closed (3yr)
- 3
- Terminated (3yr)
- 30
- Non-renewed (3yr)
- 9
- Transfers (3yr)
- 4
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 15 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 10
- Loan volume
- $1.4M
- Median loan
- $65K
- 50th percentile
- Charge-off rate
- 20.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 80.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 10
- Defaults
- 2
- Typical loan rate
- N/A
- Franchised industry avg
- 23.9%
- brand beats franchise avg ↓
- Jobs supported
- 10
- 0.7 per loan
- Lender concentration
- 10%
- top lender's share
Franchise vs independent — in building inspection services, franchised businesses charge off at 23.9% vs 19.1% for independents — franchising is associated with 25% higher SBA default risk in this category.
Top lenders financing AmeriSpec franchisees
Showing 3 of 10 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into AmeriSpec's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 9 states
- Startup risk premium and job creation velocity
- 7-year lending trend
Instant access. No subscription.
A 20.0% charge-off rate means roughly 1 in 5 franchisees failed to repay their SBA loan. Investigate what changed.
What could kill this investment?
SBA loans charge off at 20.0% — 25% above the 16.0% national norm, i.e. higher lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
AmeriSpec presents high risk due to accelerating unit decline, financial opacity, and unclear franchisor viability, making it difficult to project franchisee success or ROI.
Litigation (Item 3)
No litigation required to be disclosed in Item 3
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Forvis Mazars, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: No
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 20 / 100 verdict
- 01MEDSevere unit decline of 26.1% year-over-year indicates system contraction and potential franchisee dissatisfaction
- 02MEDNo Item 19 financial performance data disclosed prevents ROI validation and creates opacity around actual earnings potential
- 03MINORLow initial investment ($76-93K) combined with 7% royalty + $280/month minimum suggests thin margins in a competitive home inspection market
- 04HIGHGoing Concern status is False, raising questions about franchisor stability and long-term support infrastructure
- 05MINOR105 remaining units suggests a shrinking franchise system vulnerable to further attrition and loss of brand recognition
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 10.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 75 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 20 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Memphis, Tennessee |
| Jury trial waiver | Yes |
| Governing law | TN |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 91 hrs
- On-the-job training
- 30 hrs
- Training location
- Franchisor Training Center, Memphis, TN; In-field within Territory for OJT
- Ongoing training
- Required
- Time to open
- 1 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- AmeriSpec Management System (AMS)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: AmeriSpec Management System (AMS)
Item 20 · call current owners
Franchisee Contacts
99 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
AmeriSpec · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a AmeriSpec franchise?
The total investment to open a AmeriSpec franchise ranges from $76K – $93K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do AmeriSpec franchise owners earn?
AmeriSpec does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the AmeriSpec FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the AmeriSpec FDD and qualifies whose outlets they describe.
What is AmeriSpec's franchise failure rate?
Based on SBA 7(a) loan data, AmeriSpec has a charge-off rate of 20.0% across 10 loans, meaning 20.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many AmeriSpec franchise locations are there?
As of their most recent FDD filing, AmeriSpec has 105 total units in the United States, including 105 franchised units and 0 company-owned units. 5 new units were opened in the latest reporting year.
Is AmeriSpec a good franchise to buy?
FranchiseVerdict rates AmeriSpec as a F-grade franchise with a verdict score of 20 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent AmeriSpec, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.