When is the initial franchise fee due for an Expense Reduction Analysts franchise?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
YOUR ESTIMATED INITIAL INVESTMENT1
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| Initial Franchise Fee 2 | $69,900 | Single lump sum | Due at signing of the Franchise | ERA Group |
| Initial Training and | $0 - $10,000 | As incurred | Agreement. |
Source: Item 5 — INITIAL FEES (FDD pages 12–13)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the initial franchise fee of $69,900 is due as a single lump sum when the Franchise Agreement is signed. Payment must be made using immediately available U.S. funds. This fee is generally non-refundable, but a $5,000 discount is available for qualified veterans under the VetFran® initiative.
For prospective Expense Reduction Analysts franchisees, this means that $69,900 must be readily available at the time of signing the franchise agreement. Franchisees should ensure they have sufficient funds accessible to meet this obligation. Veterans who qualify for the VetFran® discount will need to provide the necessary documentation to receive the reduced fee.
It is important to note that the initial franchise fee is just one component of the total initial investment, which ranges from $76,000 to $105,900. Other expenses, such as training, computer hardware and software, and insurance, will also be incurred before opening the Expense Reduction Analysts franchise.