This is an independent manager-run scenario range for one established U.S. AmeriSpec franchise territory. The middle modeled case is about $137,000 in estimated pre-tax owner earnings. The 2026 Franchise Disclosure Document reports no sales, profit, owner compensation, EBITDA, net income, or cash flow, so these amounts are estimates rather than official Item 19 results.
The range combines identified facts from the 2026 AmeriSpec Franchise Disclosure Document with U.S. Census Bureau employer-business data, a Bureau of Labor Statistics wage proxy, and labeled scenario assumptions. Actual results can differ materially by territory demand, inspection volume, pricing, residential and commercial service mix, inspector payroll, insurance, vehicles, local advertising, financing, owner involvement, and execution.
Data basis
- Legal franchisor
- TCB AmeriSpec, LLC, the entity identified on the cover of the current U.S. disclosure document.
- Current disclosure
- 2026 AmeriSpec Franchise Disclosure Document, issued June 22, 2026; Item 19, p. 32; Item 20, pp. 32–38; Item 6, pp. 7–10; Item 11, pp. 17–24; Item 15, p. 28.
- Item 19 status
- No financial performance representation and no same-brand revenue or earnings cohort.
- Applicable format
- A U.S. residential and commercial inspection business operated within a franchise territory. Item 20 defines an “outlet” as a territory.
- Revenue benchmark
- 2022 Statistics of U.S. Businesses receipts and establishment counts for NAICS 541350 Building Inspection Services.
- Expense benchmark
- 2022 Service Annual Survey revenue and expense totals for taxable employer firms in NAICS 541350.
- Date checked
- July 18, 2026.
What can an AmeriSpec owner reasonably earn?
A defensible planning range is approximately $61,000 to $213,000 in annual manager-run pre-tax owner earnings per established U.S. territory, with a middle analytical case of about $137,000. This is a structural scenario estimate, not a forecast, a median, or a representation by TCB AmeriSpec, LLC.
Here, estimated pre-tax owner earnings means the modeled residual after an aggregate industry expense allowance. Personal income taxes and financing principal payments are excluded. The six-digit Census expense series does not separately reveal owner compensation, manager compensation, interest, depreciation, capital expenditures, or franchise charges, so those components cannot be isolated with precision.
Limited
Why confidence is Limited: current Item 19 supplies no revenue or earnings figure, there were no company-owned outlets in the 2023–2025 Item 20 tables, and the estimate relies materially on government industry aggregates rather than AmeriSpec territory income statements.
The strongest same-brand evidence is structural: the territory format, recurring fee schedule, owner-management rules, required local advertising, and current outlet population.
Independent annual residual at $500,000 of modeled revenue and a 27.4% aggregate industry residual.
2022 SUSB total receipts divided by 7,768 NAICS 541350 establishments; this is an average, not a median.
2022 Census Service Annual Survey aggregate for taxable building-inspection employer firms.
7% royalty and 3% National Advertising Fund contribution, each subject to monthly minimums.
$55 monthly technology fee plus $600–$800 annually for one inspector software license after year one.
Item 20 reports no company-owned outlets; the FDD cover flags 44% three-year turnover.
What does the 2026 Item 19 actually measure?
Officially, Item 19 measures nothing about sales or earnings for this offer. It states that the franchisor does not make representations about future franchisee financial performance or the past financial performance of franchised or company-owned outlets.
Consequently, current Item 19 provides no average or median Gross Receipts, inspection count, gross profit, Operating Profit, EBITDA, Net Income, cash flow, Owner Compensation, sample size, mature-outlet cohort, quartile, range, or percentage-achieving result. Any earnings figure in this article must therefore be labeled as an independent estimate.
The Federal Trade Commission’s franchise buyer guide explains that Item 19 is optional, that gross sales are not profit, and that a buyer should request written substantiation for any financial performance claim.
AmeriSpec defines Gross Receipts broadly for fee calculations. Even strong revenue must cover inspector and administrative payroll, payroll burden, vehicles, insurance, local advertising, software, tools, professional services, and other operating expenses before cash is available to the owner.
What does Item 20 add to the earnings decision?
Item 20 adds population and turnover context, not income evidence. It reports 155 franchised territories at the start of 2023, 139 at the end of 2023, 102 at the end of 2024, and 96 at the end of 2025. No company-owned outlets are reported for those years.
The FDD cover also flags a 44% three-year turnover rate involving terminations, non-renewals, reacquisitions, or other cessations. That does not prove why any specific territory left the system, but it increases uncertainty and makes current and former franchisee interviews especially important.
How is the $61,000–$213,000 range calculated?
The estimate combines official industry revenue anchors with a Census aggregate expense residual. The Conservative, Base, and Upside cases use $250,000, $500,000, and $700,000 of annual revenue and margins of 24.4%, 27.4%, and 30.4%.
Where do the revenue assumptions come from?
The revenue cases are rounded analytical anchors, not AmeriSpec sales disclosures. The 2022 Statistics of U.S. Businesses table for NAICS 541350 reports $3.996 billion of receipts across 7,768 employer establishments, producing a derived average of approximately $514,390 per establishment.
The same official table reports about $218,495 of receipts per establishment among enterprises in the $100,000–$499,999 receipts band and about $690,744 among enterprises in the $500,000–$999,999 band. The model rounds those observations to $250,000, $500,000, and $700,000. It does not treat them as AmeriSpec quartiles or probabilities. The underlying table is available through the Census Statistics of U.S. Businesses annual tables.
Approximately 83% of the 7,623 employer firms in that dataset were in enterprise-receipts bands below $500,000. Therefore, the $500,000 case is not presented as a median or “most likely” outcome; it is a rounded all-establishment average that can be influenced by larger firms.
Where does the margin assumption come from?
The 27.4% figure is a derived industry residual, not an AmeriSpec profit margin. The U.S. Census Bureau reported $4.502 billion of 2022 revenue and $3.268 billion of 2022 expenses for taxable employer firms in NAICS 541350 Building Inspection Services. The difference is $1.234 billion, or 27.4% of revenue.
The compatible source values can be reviewed in the Census building-inspection revenue series and the matching building-inspection expense series. Because only one central residual is available, the Conservative and Upside cases apply a transparent sensitivity of minus and plus 3 percentage points.
The model does not subtract the 7% royalty and 3% advertising contribution a second time. The Census expense series is a total aggregate and does not isolate franchise fees; charging the full AmeriSpec fees again could double count expenses already embedded in the benchmark. Instead, the FDD fee schedule is a compatibility test: the 10% percentage fees, technology charges, AIS licenses, convention costs, and required local advertising must fit inside the modeled expense allowance. If a territory’s non-franchise costs already consume that allowance, actual owner earnings will be lower.
- Conservative: $250,000 revenue and a 24.4% residual, producing $61,025 before rounding.
- Base: $500,000 revenue and a 27.4% residual, producing $137,050 before rounding.
- Upside: $700,000 revenue and a 30.4% residual, producing $212,870 before rounding.
- Manager-run interpretation: the aggregate expense allowance is assumed to contain ordinary paid staffing and supervision. This is an editorial assumption because the six-digit Census series does not publish a manager line item.
- Excluded from the answer: personal income taxes and financing principal payments. Interest, depreciation, owner compensation, manager compensation, and capital expenditures cannot be separately isolated from the aggregate source.
| Scenario | Modeled revenue | All-in residual margin | Estimated pre-tax owner earnings |
|---|---|---|---|
| Conservative | $250,000 | 24.4% | $61,000 |
| Base | $500,000 | 27.4% | $137,000 |
| Upside | $700,000 | 30.4% | $213,000 |
Independent annual pre-tax owner-earnings estimates for one established U.S. territory.
Interpretation: revenue and expense control move the modeled residual from about $61,000 to $213,000. These columns are scenarios, not a probability distribution.
Source and method: rounded 2022 SUSB revenue anchors multiplied by the 2022 Service Annual Survey residual of 27.4% with a minus/plus 3 percentage-point sensitivity. Calculations use full precision and display values rounded to the nearest $1,000.
How do AmeriSpec fees affect the earnings estimate?
At the three modeled revenue levels, the 7% royalty and 3% advertising contribution equal $25,000, $50,000, and $70,000 per year when the percentage charges exceed each monthly minimum. Those amounts are official FDD fee calculations, but they are shown as an expense-compatibility check rather than deducted again from the Census aggregate residual.
Item 6 also lists a $55 monthly Technology Fee and an annual AIS Software Services Fee of $600–$800 per inspector after the first year. For one license, those two charges total $1,260–$1,460 annually. The FDD also lists a convention fee typically between $700 and $1,000 per person every 12 to 24 months.
Item 11 requires the franchisee to conduct local advertising at its own expense but does not state a fixed annual dollar minimum in the disclosure. Some local spending may qualify for reimbursement through the National Advertising Fund cooperative program, subject to its rules. Because the amount is territory-specific, local advertising is not assigned a fabricated number in the scenarios.
For the $500,000 case, the 27.4% residual leaves an implied total expense allowance of about $363,000. The $50,000 royalty-and-advertising burden, fixed technology charges, inspector licenses, local advertising, payroll, vehicles, and insurance all must fit within that allowance. Existing franchisee profit-and-loss statements are the only reliable way to test whether that expense mix is realistic for AmeriSpec.
How does owner involvement change the result?
An active owner who replaces a genuine paid-manager function could create an estimated owner-operator benefit of about $135,000–$286,000. That range adds a $73,490 labor-value proxy to the manager-run scenarios. It is not pure business profit because part of the amount compensates the owner for work performed.
Item 15 recommends personal participation but does not require it. A manager who completes Initial Training must directly supervise the Franchised Business, and the owner remains personally responsible for day-to-day management. Thus, a manager-run structure is permitted, but it is not automatically passive.
The labor proxy comes from the Bureau of Labor Statistics May 2025 Occupational Employment and Wage Statistics release. The national mean annual wage for first-line supervisors of office and administrative support workers was $73,490. The occupation approximates scheduling, customer service, administration, and team supervision; it is not an AmeriSpec staffing study.
The right-hand marker includes $73,490 of owner labor value only when that labor replaces a necessary paid role.
Interpretation: replacing a real paid-manager function raises modeled owner benefit by about $73,490, but that increment is compensation for active labor rather than passive return.
Source and method: manager-run scenarios plus the May 2025 BLS national mean wage for first-line supervisors of office and administrative support workers. Display values are rounded to the nearest $1,000. The wage is a broad proxy and must not be added when a separate manager was not economically necessary.
Owner salary, owner draw, distributions, retained earnings, and business profit are different measures. The owner-operator figures deliberately combine residual operating economics with labor value; they should not be described as passive income or pure profit.
What could push actual earnings outside the range?
The largest driver is productive revenue per territory relative to staffing capacity. A territory that maintains inspection volume and pricing without adding payroll, vehicles, and administrative overhead at the same rate can retain more of each sales dollar. A territory with weak lead flow, heavy local advertising, additional inspectors, higher insurance, or inefficient routing can fall below the range.
Why is the estimate less certain than a normal Item 19 analysis?
The estimate lacks same-brand revenue, expense, maturity, and owner-role cohorts. Item 19 discloses no financial performance data, Item 20 counts franchise territories rather than physical locations, and the system has no company-owned outlet economics to use as a same-brand proxy.
The SUSB and Service Annual Survey figures are national employer-business aggregates. They include independent firms and potentially different operating scales, service mixes, payroll structures, and commercial-inspection exposure. The Service Annual Survey methodology also makes clear that the estimates are sample-based national statistics rather than territory-level franchise results.
Operating earnings and financing cash flow are separate. The scenarios exclude loan principal and do not assume one financed percentage, interest rate, or term. Interest treatment cannot be isolated from the Census aggregate. A buyer should build debt service separately because financing can materially reduce cash available for draws or distributions.
What should a buyer verify before relying on an earnings figure?
Territory-specific records should override this industry scenario. Request written substantiation and compare it with current and former franchisee interviews rather than treating a national residual as a substitute for AmeriSpec profit-and-loss statements.
- Item 19 and substantiation: confirm that the final disclosure still contains no financial performance representation and document any sales, margin, or income statement presented during the sales process.
- Comparable franchisee records: ask established U.S. owners for annual Gross Receipts, inspection count, average ticket, inspector payroll, administrative payroll, vehicles, insurance, local advertising, technology, and owner hours.
- Owner role: determine whether a paid manager is necessary at the planned scale, what work the owner will perform, and whether labor value is being confused with business profit.
- Territory and cohort: distinguish a new territory from an established territory, residential from commercial service mix, and a single-inspector operation from a multi-inspector business.
- Item 6 and Item 11 reconciliation: verify royalty and advertising minimums, technology charges, AIS licenses, convention costs, local advertising, and any current cooperative reimbursement conditions.
- Item 20 turnover: contact former franchisees listed in the disclosure document and ask why territories closed, transferred, were terminated, or were not renewed.
- Financing and taxes: model debt service, working capital, entity structure, depreciation, and personal taxes separately with qualified advisers.
What is the decision-useful bottom line?
The strongest defensible annual range is an independent manager-run estimate of about $61,000–$213,000 per established U.S. territory, with a middle modeled case near $137,000. An active owner who genuinely replaces paid supervisory labor may create an owner-operator benefit of roughly $135,000–$286,000, but the $73,490 labor component is compensation for work rather than passive profit.
The most important earnings driver is revenue productivity relative to staffing and operating costs. The largest unresolved uncertainty is the absence of current AmeriSpec revenue and expense cohorts in Item 19. Before buying, verify every claimed result in writing, reconcile it to the 2026 fee and local-advertising obligations, and test it against records and interviews from comparable current and former franchisees.
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