How many Expense Reduction Analysts outlets were open in Florida at the end of 2023?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
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TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024
| 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 |
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 15 outlets open in Florida at the end of 2023. At the start of 2023, there were 13 outlets. During 2023, 2 new outlets opened, and 1 terminated their franchise agreement.
It is important to note the difference between "outlets opened" and the net change in the number of outlets. While 2 new Expense Reduction Analysts locations opened in Florida during 2023, the total number of outlets only increased by 2 because of the 1 termination.
Prospective franchisees should consider these figures in the context of their own business plans and market analysis. Understanding the growth and attrition rates in specific states can inform a franchisee's expectations and strategies.