How many Expense Reduction Analysts outlets were operating in Indiana at the start of 2024?
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 was one outlet operating in Indiana at the start of 2024. The table provided in Item 20 includes information about the number of outlets at the start of the year, 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 Indiana (IN5), the table shows that at the start of 2022, there were two outlets. During 2022, no outlets were opened, there were no terminations or non-renewals, no outlets were reacquired by the franchisor, and one outlet ceased operations for other reasons, resulting in one outlet at the end of 2022. In 2023, one outlet opened, one terminated, and there was still one outlet at the end of the year.
At the start of 2024, there was one Expense Reduction Analysts outlet in Indiana. Throughout 2024, no additional outlets opened, and there were no terminations, non-renewals or re acquisitions by the franchisor. There were also no outlets that ceased operations for other reasons. Therefore, Expense Reduction Analysts ended 2024 with one outlet in Indiana.