How many Expense Reduction Analysts outlets were operating in Mississippi at the end 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 | 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 operating in Mississippi at the end of 2024. The table provided in Item 20 of the FDD details 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 each state.
Specifically, for Mississippi, the table shows that in 2022, there were 2 outlets at the start of the year and 2 at the end of the year. In 2023, there were 2 outlets at the start and end of the year. In 2024, there were 2 outlets at the start of the year, no outlets opened, and 2 outlets at the end of the year. This indicates that the number of Expense Reduction Analysts franchises in Mississippi remained constant during this period.
For a prospective franchisee, this information indicates the stability of the Expense Reduction Analysts brand in Mississippi. The absence of outlet openings or closures in recent years could suggest a stable market presence. However, it is important to investigate further why there has been no growth and whether there is potential for expansion in the state. A potential franchisee should consider this information in conjunction with market research and discussions with the franchisor to assess the opportunities and challenges of operating an Expense Reduction Analysts franchise in Mississippi.