How many Expense Reduction Analysts outlets were terminated in Iowa during 2022?
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 REA
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 Iowa during 2022. The table provided in Item 20 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.
Specifically, for Iowa in 2022, there were 5 outlets at the start of the year, no outlets opened, 1 termination, no non-renewals, no outlets reacquired by the franchisor, no outlets that ceased operations for other reasons, and 4 outlets at the end of the year.
This information is useful for potential franchisees to understand the turnover and stability of Expense Reduction Analysts franchises in different states. A high number of terminations could indicate issues with the franchise system or market conditions in that area, while a low number suggests greater stability.