How many Expense Reduction Analysts outlets were operating in Ohio 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 3 outlets operating in Ohio 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, 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.
For a prospective franchisee, this information indicates the historical presence and activity of Expense Reduction Analysts in Ohio. It shows that the number of outlets remained constant throughout 2023, with no new openings, terminations, or other changes in operations. This could suggest a stable market presence or limited growth opportunities in the state.
It's important to note that past performance doesn't guarantee future results. A potential franchisee should further investigate the reasons behind the lack of growth in Ohio and assess the current market conditions to determine the potential for their own franchise. They should also consider the overall trends in the Expense Reduction Analysts system, as indicated by the total outlet numbers, to understand the broader context of the Ohio market.