How many Expense Reduction Analysts outlets were opened in Arizona during 2024?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 2 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 3 | 0 | 0 | 0 | 0 | 8 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (REGIONAL FRANCHISEES) (FDD pages 52–57)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, there were 3 outlets opened in Arizona during 2024. The document also indicates that at the start of 2024, there were 5 outlets, and by the end of the year, there were 8.
This information is valuable for potential franchisees as it provides insight into the growth and expansion of Expense Reduction Analysts in Arizona. Observing the number of new openings can help assess the brand's momentum and market penetration in the region. It's also important to note that there were no terminations, non-renewals or re acquisitions by the franchisor during the year.
However, it is important to consider that past performance does not guarantee future results. A prospective franchisee should investigate the reasons behind the openings and closures, and also consider the overall economic conditions and competitive landscape in Arizona. This will help them make an informed decision about investing in an Expense Reduction Analysts franchise.