AmeriSpec vs OpenWorks
Franchise Comparison 2026
Both AmeriSpec and OpenWorks are automotive franchises. AmeriSpec requires an investment of $76K – $93K while OpenWorks requires $4K – $134K. AmeriSpec has SBA lending data on file with a 20.0% charge-off rate. FranchiseVerdict rates AmeriSpec F (Weakest tier) and OpenWorks B (Above average).
| Metric | AmeriSpec | OpenWorks |
|---|---|---|
| Verdict Grade | FWeakest tierWeakest tier | BAbove averageAbove average |
| Investment Range | $76K – $93K | $4K – $134K |
| Franchise Fee | $40K | $3K |
| Royalty Rate | Greater of 7% of monthly Gross Receipts or $280 per month minimum (minimum waived for first 90 days after opening) | 15.0% |
| Average Revenue (Item 19) | N/A | N/A |
| SBA Charge-Off Rate | 20.0% (10 loans) | N/A |
| Total Units | 105 | 730 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2023 | 1988 |
| FDD Year | 2025 | 2025 |
Investment Range
$76K – $93K
$4K – $134K
Franchise Fee
$40K
$3K
Royalty Rate
Greater of 7% of monthly Gross Receipts or $280 per month minimum (minimum waived for first 90 days after opening)
15.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
20.0% (10 loans)
N/A
Total Units
105
730
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2023
1988
FDD Year
2025
2025