Are Expense Reduction Analysts company-owned outlets included in the financial performance representation?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
, by providing information about possible performance of a particular location or under particular circumstances.
The following tables present unaudited information about the historical Net Cumulative Receipts generated by 121 of our Regional Franchisees for the period from January 1, 2024 to December 31, 2024 (the "Review Period"). Written substantiation of the data presented in this financial performance representation will be made available to you upon reasonable request.
This is a historic financial performance representation of active Regional Franchisees that have been operating a franchise substantially similar to the type offered in this Disclosure Document for at least 18 months. The franchise information contained herein does not include data for (i) area franchises; (ii) company-owned and company-affiliated outlets; (iii) and those terminated, reacquired, non-renewal, or mutually ceased operations for other reasons. Where "other reasons" are typically agreed-to for medical, special circumstances, death, or other similar reasons; and (iv) the 30 Regional Franchisees that began operating in 2024.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 47–52)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the financial performance representation specifically excludes data from company-owned and company-affiliated outlets. The Item 19 financial performance representation includes data from 121 Regional Franchisees for the period from January 1, 2024, to December 31, 2024.
This means that the financial figures presented, such as the Net Cumulative Receipts, are based solely on the performance of franchised locations and do not reflect the performance of any outlets directly operated or affiliated with Expense Reduction Analysts. This distinction is important for prospective franchisees as it provides a clearer picture of what they might expect to achieve as franchisees, without the potential influence of corporate-run locations.
In addition to excluding company-owned outlets, the financial performance representation also excludes data from area franchises, franchises that were terminated, reacquired, non-renewed, or mutually ceased operations, and those Regional Franchisees that began operating in 2024. The data includes only those franchisees who have completed the 18-month start-up phase using the elected Initial Special Marketing Program prior to the beginning of the 2023 fiscal year.