table_specific

How many Expense Reduction Analysts outlets were open in New Jersey at the end of 2024?

Expense_Reduction_Analysts Franchise · 2025 FDD

Answer from 2025 FDD Document

his year was not a sale it was a franchisee re-engaging after taking a year of absence for personal reasons.

STATE YEAR OUTLETS AT START OF YEAR OUTLETS OPENED OUTLETS REACQUIRED FROM FRANCHISEE OUTLETS CLOSED OUTLETS SOLD TO FRANCHISEE OUTLETS AT END OF THE YEAR

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 was 1 Expense Reduction Analysts outlet open in New Jersey at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets open at the start and end of each year, as well as any changes that occurred during the year, such as openings, closures, or re acquisitions by the franchisor. This information is useful for potential franchisees to understand the growth and stability of the franchise in specific states.

Specifically for New Jersey, the table shows that there was 1 outlet at the start of 2024, no new outlets opened during the year, none were terminated, none were non-renewed, and none ceased operations for other reasons. However, one outlet was reacquired by Expense Reduction Analysts. This resulted in 1 outlet remaining open in New Jersey at the end of 2024.

This data point provides insight into the performance and changes within the Expense Reduction Analysts franchise network in New Jersey. A prospective franchisee might want to further investigate why an outlet was reacquired by the franchisor to better understand the dynamics of the New Jersey market.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.