How many company-owned Expense Reduction Analysts outlets were operating at the end of 2024?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| OUTLET TYPE | YEAR | OUTLETS AT THE START OF THE YEAR | OUTLETS AT THE END OF THE YEAR | NET CHANGE* (+ or -) |
|---|---|---|---|---|
| Franchised | 2022 | 145 | 136 | -9 |
| 2023 | 136 | 144 | +9 | |
| 2024 | 144 | 161 | +17 | |
| Company | 2022 | 0 | 0 | 0 |
| Owned | ||||
| 2023 | 0 | 2 | +2 | |
| 2024 | 2 | 2 | 0 | |
| 2022 | 145 | 136 | -9 | |
| 2023 | 136 | 146 | +10 | |
| 2024 | 146 | 163 | =+17 |
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, at the end of 2024, there were 2 company-owned outlets. The FDD provides a table outlining the number of franchised and company-owned outlets for the years 2022, 2023 and 2024. In 2024, the number of company-owned Expense Reduction Analysts outlets remained consistent with the previous year.
Specifically, the table shows that Expense Reduction Analysts started 2024 with 2 company-owned outlets. Throughout 2024, there was no net change in the number of company-owned outlets, meaning no new outlets were opened and none were closed. This resulted in Expense Reduction Analysts ending 2024 with the same 2 company-owned outlets.
This information is valuable for prospective franchisees as it provides insight into Expense Reduction Analysts's business model. The limited number of company-owned stores suggests that Expense Reduction Analysts primarily focuses on franchising as its method for expansion, which is a common practice among franchise systems. A potential franchisee may want to inquire about the performance of these company-owned locations versus the franchised locations.