In 2023, how many Expense Reduction Analysts outlets were opened in California?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
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TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024
| STATE | YEAR | OUTLETS AT START OF YEAR | OUTLETS OPENED | TERMINATIONS | NON- RENEWALS | REACQUIRED BY FRANCHISOR | CEASED OPERATIONS- OTHER REASONS | OUTLETS AT END OF THE YEAR |
|---|---|---|---|---|---|---|---|---|
| AZ1 | 2022 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (REGIONAL FRANCHISEES) (FDD pages 52–57)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, there were 4 outlets opened in California during 2023. The table provided in Item 20 details the changes in the number of Expense Reduction Analysts outlets across various states over the years 2022, 2023, and 2024.
Specifically for California, the table shows that at the start of 2023, there were 10 outlets. During 2023, 4 new outlets were opened. However, there was also 1 outlet reacquired by the franchisor and 1 that ceased operations for other reasons. This activity resulted in a total of 12 outlets at the end of 2023.
This information is valuable for potential Expense Reduction Analysts franchisees as it provides insight into the growth and stability of the franchise network in specific regions. Monitoring the number of outlets opened, terminated, or reacquired can help a franchisee assess the overall health and attractiveness of the franchise in a particular state. It's also important to note the reasons for outlet changes, such as terminations or re acquisitions, as these could indicate potential challenges or opportunities within the franchise system.