AmSpirit Business ConnectionsFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A AmSpirit Business Connections franchise requires a total initial investment of $14K – $55K, including a $10K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $14K – $55K
- 4th pct Business Serv…
- Avg gross sales
- N/A
- 29th pct Business Serv…
- Royalty
- N/A
- Units
- 19
- 21st pct Business Serv…
- SBA default
- N/A
Quick verdict · Business Services · color = vs category peers
Green = >15% above Business Services 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
Franchised units fell from 19 to 18 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $14K – $55K including a $10K 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 97/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- AmSpirit Franchise Corporation
- Ultimate parent
- AmSpirit Holding Company
- CEO title
- President and Director
- Frank J. Agin
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- OH
- HQ
- 2701 Tally Ho Lane, Blacklick, Ohio 43004
- Auditor
- Siebert & Associates CPAs
- Audited financials
- Franchisor revenue
- $144K
- vs $166K prior year
Affiliated brands
- AmSpirit Business Connections
Other brands the franchisor or its parent operates (Item 1).
Overview
About
AmSpirit Business Connections franchisees operate networking and business referral groups that facilitate connections between local business owners and professionals. Day-to-day activities include hosting weekly or monthly meetings, recruiting and retaining members, facilitating introductions, managing membership communications, and driving revenue through membership dues and event fees.
- CEO
- Frank J. Agin
- Headquarters
- OH
- Founded
- 2005
- FDD year
- 2025
- States available
- 8
FDD Item 7 · 2025 filing · 21 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Fee (Unlimited Chapter Franchise)not refundable | $10K | $10K | |
| Site Rental (Unlimited Chapter)not refundable | — | — | |
| Computer System (Unlimited Chapter)not refundable | $0 | $2K | |
| Other Equipment and Supplies (Unlimited Chapter)not refundable | $0 | $2K | |
| Advertising Associated with Opening of Business (Unlimited Chapter)not refundable | $1K | $3K | |
| Business Permits, Licenses and Fees (Unlimited Chapter)not refundable | $200 | $1K | |
| Security Deposits & Prepaid Expenses (Unlimited Chapter)not refundable | $200 | $300 | |
| Public, Products and Other Liability Insurance (Unlimited Chapter)not refundable | $500 | $2K | |
| Going Concern Payment (Unlimited Chapter)not refundable | $6K | $30K | |
| Training Tuition Fee (Unlimited Chapter)not refundable | $0 | $300 | |
| Additional Funds: 3 to 6 Months (Unlimited Chapter)not refundable | $2K | $5K | |
| Initial Fee (Single Chapter Franchise)not refundable | $1K | $1K | |
| Site Rental (Single Chapter)not refundable | — | — | |
| Computer System (Single Chapter)not refundable | $0 | $2K | |
| Other Equipment and Supplies (Single Chapter)not refundable | $0 | $2K | |
| Advertising Associated with Opening of Business (Single Chapter)not refundable | $1K | $3K | |
| Business Permits, Licenses and Fees (Single Chapter)not refundable | $200 | $1K | |
| Security Deposits & Prepaid Expenses (Single Chapter)not refundable | $200 | $300 | |
| Public, Products and Other Liability Insurance (Single Chapter)not refundable | $500 | $2K | |
| Training Tuition Fee (Single Chapter)not refundable | $0 | $300 | |
| Total initial investment | $25K | $70K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $14K – $55K
- Better than avg vs category
- Liquid capital req'd
- $2K – $5K
- Better than avg vs category
- Franchise fee
- $1K – $10K
- Better than avg vs category
- Royalty
- Seven percent (7%) of Gross Revenues
- Ad fund
- 0.5%
- typical 3–5%
- Total fee load
- 7.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 0.5% of gross sales |
| Training fee | $300 |
| Transfer fee | $2K |
| Renewal fee | $2K |
| Total fee load | 7.5% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Business Services averages
How AmSpirit Business Connections Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 19
- Opened
- 2
- Last reporting year
- Closed
- 1
- Turnover rate
- 5.3%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 95%
- vs corporate-owned
- Multi-unit owners
- 2.5%
- Net growth (yr3)
- +5.9%
- Net unit change last year
- 3-yr CAGR
- -5.3%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 4
- Franchisor's next-year forecast
- Continuity rate
- 94.7%
- Units that stayed open
- Ceased ops
- 5.6%
- Units that stopped operating
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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
AmSpirit presents caution-level risk due to undisclosed financial performance, anemic unit growth, unprotected territory, and lack of transparent ROI benchmarks in a 19-unit system.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $30,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Siebert & Associates CPAs
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 97 / 100 rating
- 01MEDNo average revenue or net income disclosed in FDD Item 19 — impossible to validate ROI claims
- 02MEDMinimal unit growth (5.9% YoY) with only 19 total units suggests weak system traction and limited proven model
- 03MINORUnprotected territory creates direct competition risk from other AmSpirit franchisees in your market
- 04MINORWide investment range ($4,900–$54,600) lacks clarity on what drives cost variance and actual startup requirements
- 05MINOR7% royalty on gross revenues (not net) means you pay fees even during unprofitable months
- 06MINOR10-year term is lengthy given unproven unit economics and minimal system maturity
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 | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | non_exclusive |
| Protected territory | No |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 7 |
| Mandatory arbitration | No |
| Governing law | Ohio |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 30 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and corporate
- Site selection
- franchisor
- Franchisor financing
- Offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
38 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
AmSpirit Business Connections · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a AmSpirit Business Connections franchise?
The total investment to open a AmSpirit Business Connections franchise ranges from $14K – $55K, with an initial franchise fee of $10K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do AmSpirit Business Connections franchise owners earn?
AmSpirit Business Connections 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 AmSpirit Business Connections's franchise failure rate?
SBA 7(a) loan charge-off data is not available for AmSpirit Business Connections (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many AmSpirit Business Connections franchise locations are there?
As of their most recent FDD filing, AmSpirit Business Connections has 19 total units in the United States, including 19 franchised units and 1 company-owned units. 2 new units were opened in the latest reporting year.
Is AmSpirit Business Connections a good franchise to buy?
FranchiseVerdict rates AmSpirit Business Connections as a F-grade franchise with a risk score of 97 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.
For franchisors
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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.