How many Expense Reduction Analysts outlets were operating in Kentucky at the end of 2022?
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 |
|---|---|---|---|---|---|---|---|---|
| KY 6 | 2022 | 4 | 1 | 0 | 0 | 0 | 1 | 4 |
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 four outlets operating in Kentucky at the end of 2022. At the start of 2022, there were four outlets. During 2022, one new outlet opened, and one ceased operations for other reasons.
This information is crucial for potential franchisees as it provides a snapshot of the brand's presence and performance in Kentucky. The opening of one outlet suggests some growth in the region, but the one that ceased operations indicates potential challenges or market saturation.
It is important to note that the number of outlets can be influenced by various factors, including market conditions, franchisee performance, and the franchisor's expansion strategy. A prospective franchisee should further investigate the reasons behind the outlet that ceased operations to better understand the market dynamics in Kentucky. Understanding these dynamics can help a franchisee make an informed decision about investing in an Expense Reduction Analysts franchise in that state.