How many Expense Reduction Analysts outlets were terminated in Indiana during 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' 2025 Franchise Disclosure Document, there was one termination in Indiana during 2023. The table provided in Item 20 of the FDD details outlet information for the years 2022, 2023, and 2024. In 2023, Indiana had 1 outlet at the start of the year, opened 1 new outlet, and terminated 1 outlet, resulting in 1 outlet at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Expense Reduction Analysts franchises in specific states. A high number of terminations could indicate issues with the franchise model or market conditions in that area. Conversely, a low number of terminations, as seen in Indiana, may suggest a more stable franchise environment.
Prospective franchisees should further investigate the reasons behind any terminations to fully understand the risks and opportunities associated with opening an Expense Reduction Analysts franchise in a particular state. Understanding these trends can help franchisees make informed decisions about their investment and business strategy.