How many Expense Reduction Analysts outlets were operating in Illinois at the start 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 |
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 7 outlets operating in Illinois at the start of 2023. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for various states.
Specifically, for Illinois, the table shows that at the start of 2022, there were 6 outlets. During 2022, 1 outlet was opened, and there were no terminations, non-renewals, re acquisitions by the franchisor or outlets that ceased operations for other reasons. This resulted in 7 outlets at the end of 2022, which then became the starting number for 2023.
In 2023, there were no additional outlets opened, nor were there any terminations, non-renewals, re acquisitions by the franchisor or outlets that ceased operations for other reasons. Therefore, the number of Expense Reduction Analysts outlets remained at 7 at the end of 2023. This information is useful for prospective franchisees to understand the growth and stability of Expense Reduction Analysts in Illinois.