Expense Reduction Analysts Franchise Review

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Expense Reduction Analysts is graded based on our most recent FDD research!

Franchise Info

What is the upfront investment costs to be a franchise owner of a Expense Reduction Analysts franchise?

Expense Reduction Analysts has an initial franchise fee of up to $59,900, with a overall upfront investment range of $66,000 to $85,900.

  • Initial Franchise Fee: $59,900
  • Total Investment: $66,000 to $85,900
  • Working Capital: $3,000 to $6,000
  • Royalty Fee: 15.0%

The upfront purchase price of any franchised business includes many fees. Check out this franchise opportunity to better understand the initial costs required to buy a Expense Reduction Analysts, such as territory fees, construction and costs, pre-opening advertising, and technology fees. It should be noted that, franchise companies must to provide you with details about all upfront fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay. Another important consideration to review is whether the upfront fees are refundable or not. The franchise system is required to disclose what criteria any of the upfront fees are refundable. A franchise must also provide details of a range of fees if their upfront fees are not the same within the system. A thorough analysis of the Item 5 upfront fees will give you the answers needed to make a decision to purchase this franchise.

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How much can I earn by owning a Expense Reduction Analysts franchise?

As with any new franchise, the franchisee's salary and the profits from a Expense Reduction Analysts business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a Expense Reduction Analysts franchise investment is to review the franchisor's Item 19 within their FDD. Usually, earnings and owner's salary are correspond to the size of the investment and number of locations you buy. Demand for your products, your labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line and your personal salary

For more details and system-specific data on the profits of a Expense Reduction Analysts franchised business, unlock this franchise

How many franchise locations does Expense Reduction Analysts franchise system own?

As of the 2019 Franchise Disclosure Document, there are 130 franchised Expense Reduction Analysts locations in the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Expense Reduction Analysts franchises in my city?

Based on 2019 FDD information, Expense Reduction Analysts has franchise locations in 24 states. There could be zero outlets in several states as each franchise company plans their growth strategy differently. Certain states also require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchises to people living in that state. These registration states have examiners review a franchise company's FDD to confirm it satisfies state regulatory conditions. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchisors to provide their franchise within the state. In almost all instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not examine the FDD.

AZ
CA
CO
CT
FL
GA
IA
IL
IN
KY
MA
MD
MI
MO
MS
NC
NH
NJ
NY
OH
PA
TX
VA
WA

Based on our research this franchise is expanding into new states and could be available near you. While planning your franchise purchase, you always need to be considering where is a good location for my franchise. Anlayze the potential customer base to confirm that the area you are looking at has a need or a market for this business. Even the most successful franchises have areas that they are not successful in. The reasons why a specific franchised location can fail can be plentiful. So, you should research not only the business opportunity itself, but anlayze areas where you believe the franchise has a more customers and higher profitability.

One of our researchers will have detailed knowledge about this franchise. Sign up to learn more and connect with our advisors.

Last Reviewed: 2019

Expense Reduction Analysts Franchise DATA

Total Investment
$66,000 - $85,900
Franchise Fee
$59,900
Franchise agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchise outlet growth
2013
169
2018
130
Ongoing fees
Royalty
15.0%
ad fees
3.0%
# of franchised outlets
130

FAQS

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 90 hours. This includes 90 hours of classroom training, 0 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 0
Classroom 90
Total 90

Do they provide Territory Rights?

Expense Reduction Analysts does NOT offer territory protections. For an explanation of territorial rights, unlock this franchise for more details.

Do they have marketing and technology support in place?

No, Expense Reduction Analysts does NOT offer comprehensive support for franchisees.


How long ago did Expense Reduction Analysts begin franchising?

They began franchising in 2002. The average Consultants, Advisors and Training franchise began franchising in 2009.


Does Expense Reduction Analysts offer lending support?

No, but you can click here to fill out our affordability calculator and understand your financing options.

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  • How much do franchise owners historically earn?
  • Do they provide Veteran or First Responder discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Is this franchise affiliated with any other franchise companies or private equity investment groups?
  • How many new outlets have they opened in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate owned outlets?
  • What is their initial and renewal term lengths?
  • How do they solve franchisee disputes?
  • How long have they been franchising?
  • Are they expanding into Canada or other Countries?
  • How are the royalty, advertising and marketing funds administered and managed by the franchisor?
  • What are the territory protections the franchisor provides you?
  • What support can you expect to receive from the franchisor?
  • Why has new franchise outlet growth been so low?
  • What is the net worth and liquid capital required to be approved as a franchisee in this brand?
  • Are you required to work in the outlet or is this a passive franchise opportunity?
  • Will they refund any upfront fees under certain circumstances?
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