How many Expense Reduction Analysts outlets were opened in Pennsylvania during 2022?
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' 2025 Franchise Disclosure Document, there were 2 outlets opened in Pennsylvania during 2022. At the start of 2022, there were 7 outlets, and by the end of the year, there were 9. There were no terminations, non-renewals, reacquisitions by the franchisor, or ceased operations for other reasons during that year.
This information is valuable for potential franchisees as it provides insight into the growth and stability of Expense Reduction Analysts in Pennsylvania. The opening of 2 outlets suggests that the brand is expanding in the state, which could indicate a positive market for its services.
However, it's important to consider this data in the context of other factors, such as the overall economic conditions in Pennsylvania and the performance of existing Expense Reduction Analysts franchisees in the region. A prospective franchisee should also investigate why one outlet ceased operations in 2023 to better understand the market dynamics and potential challenges.
By reviewing the complete Item 20 data, a potential franchisee can assess the historical performance of Expense Reduction Analysts in terms of outlet openings, terminations, and overall growth, allowing for a more informed decision about investing in a franchise.