In Arizona, how many Expense Reduction Analysts outlets were open at the start of 2022?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 2 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 3 | 0 | 0 | 0 | 0 | 8 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (REGIONAL FRANCHISEES) (FDD pages 52–57)
What This Means (2025 FDD)
According to Expense Reduction Analysts's 2025 Franchise Disclosure Document, there were 2 outlets open in Arizona at the start of 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year for various states.
For a prospective franchisee, this information is useful in understanding the growth and stability of the Expense Reduction Analysts franchise system in Arizona. Knowing the number of outlets open at the start of the year provides a baseline for assessing the performance of the franchise in that state. The table also shows that one outlet was opened in Arizona during 2022, and by the end of the year, there were 3 outlets.
It is important to note that the table also includes data on terminations, non-renewals, reacquired outlets, and ceased operations. This information can help a prospective franchisee understand the reasons for changes in the number of outlets and assess the overall health of the franchise system. Reviewing these trends over multiple years, as presented in the table for 2023 and 2024, can provide a more comprehensive understanding of the franchise's performance and potential risks.
Overall, the data presented in Item 20 offers valuable insights for potential Expense Reduction Analysts franchisees, allowing them to evaluate the franchise's performance in specific states and assess the risks and opportunities associated with investing in the franchise.