How many Expense Reduction Analysts outlets were operating in Iowa 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' 2025 Franchise Disclosure Document, there were 4 outlets operating in Iowa 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 Iowa, the table shows the progression of outlet counts over the years 2022, 2023, and 2024. In 2022, there were 5 outlets at the start of the year, which decreased to 4 by the end of the year. In 2023, there were 4 outlets at the start and end of the year. Then, in 2024, there were 4 outlets at the start of the year, increasing to 6 by the end of the year.
This information is valuable for potential Expense Reduction Analysts franchisees as it provides insight into the brand's presence and performance in specific states. Tracking the changes in outlet numbers can indicate growth, stability, or decline in a particular region. For Iowa, the data suggests a period of stability followed by expansion in 2024. A prospective franchisee might want to investigate the reasons behind these changes to better understand the market dynamics in Iowa.