AmeriSpecFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
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]. Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $76K – $93K
- 8th pct Automotive
- Avg gross sales
- N/A
- 24th pct Automotive
- Royalty
- N/A
- Units
- 105
- 24th pct Automotive
- SBA default
- 20.0%
- system-wide median varies by category
Quick verdict · Automotive · color = vs category peers
Green = >15% above Automotive avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
20.0% of SBA loans charged off across 10 loans, above the 16% franchise average.
Franchising since 1988. Systems this mature have refined operations and brand recognition.
The system contracted 26% year-over-year. Investigate why units are closing.
Bottom line
- Total investment $76K – $93K including a $40K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 100/100. SBA loan charge-off rate of 20.0% across 10 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- TCB AmeriSpec, LLC
- Parent company
- TCB Services HoldCo, LLC
- Ultimate parent
- Eagle Merchant Partners
- Predecessor
- did not
- Prior franchisor entity
- Incorporated in
- DE
- HQ
- 57 Germantown Ct. Suite 201, Cordova, Tennessee 38018
- Auditor
- Forvis Mazars, LLP
- Audited financials
- Franchisor revenue
- $6.2M
- vs $9.2M prior year
Affiliated brands
- of Eagle Merchant Partners
Other brands the franchisor or its parent operates (Item 1).
Overview
About
AmeriSpec franchisees operate as home inspection service providers, conducting pre-purchase property evaluations for buyers, sellers, and real estate agents. Daily operations involve scheduling inspections, performing on-site structural and systems assessments, generating detailed inspection reports, and managing client relationships across a protected territorial market.
- CEO
- Chris Gammill
- Headquarters
- TN
- Founded
- 1988
- FDD year
- 2025
- States available
- 33
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
- Better than avg vs category
- Liquid capital req'd
- $20K – $25K
- Better than avg vs category
- Franchise fee
- $32K – $40K
- Better than avg vs category
- Royalty
- Greater of 7% of monthly Gross Receipts or minimum of $28…
- 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 |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Automotive averages
How AmeriSpec Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 105
- Opened
- 5
- Last reporting year
- Closed
- 39
- Turnover rate
- 37.1%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -26.1%
- Net unit change last year
- 3-yr CAGR
- -33.5%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 4
Last reporting year only, multi-year history not disclosed in this brand's FDD.
Item 20 · 37 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
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.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
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
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · Forvis Mazars, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 100 / 100 rating
- 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
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Zip codes / Real Estate Transactions |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rights | 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 | Tennessee |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 131 hrs
- On-the-job training
- 30 hrs
- Training location
- On-site and at franchisor location
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- 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
97 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 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. 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 risk score of 100 out of 100, 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.
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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.