Where can I find the 'Assignment Fee' amount for an Expense Reduction Analysts franchise?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
ay 1.5% of Your Net Cumulative Receipts for the immediately preceding Month.
Payment Terms: If and where the Franchisor provides the Centralized Billing Service, the Franchisor will deduct the Royalty Fee payable by You before remitting the balance of your Net Cumulative Receipts to You in accordance with Section 6.1(4).
SpendVue fees may be reimbursable from your Marketing Fund Contribution.
Section 12. TRAINING FEE
Amount: The Franchisor will not charge the applicable Training Fee to provide You or Your Designated Principal
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to the 2025 Expense Reduction Analysts Franchise Disclosure Document, the Assignment Fee details are found in Section 13. The fee is the greater of $5,120 or 10% of the total purchase price. This fee is paid by the franchisee (assignor) to Expense Reduction Analysts when the franchisee sells or assigns their interest in the license or business. Expense Reduction Analysts may adjust this fee annually based on increases in the Consumer Price Index (CPI) as defined in section 34.15.
This means that if a franchisee decides to sell their Expense Reduction Analysts franchise, they will be responsible for paying this assignment fee to the franchisor. The fee ensures that Expense Reduction Analysts is compensated when a franchise changes hands and that the new franchisee meets their standards.
It is important for prospective franchisees to understand that the assignment fee could increase over time due to CPI adjustments, potentially making it more expensive to sell the franchise in the future. Additionally, the franchisor's approval is required for any assignment, and the assignee must meet certain conditions, including financial stability and successful completion of the Foundational Training Program. This ensures that any new franchisee is well-prepared to operate the Expense Reduction Analysts business.