How many Expense Reduction Analysts outlets were terminated in Massachusetts during 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 |
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 three terminations of Expense Reduction Analysts outlets in Massachusetts during 2024. At the start of 2024, there were four outlets, and no new outlets opened during the year. After the three terminations, the year-end total was one outlet.
This information is crucial for potential franchisees to understand the stability and turnover rate within the Expense Reduction Analysts franchise system in Massachusetts. A high number of terminations could indicate issues with franchisee success, market conditions, or franchisor support.
Prospective franchisees should investigate the reasons behind these terminations to assess the risks and opportunities associated with investing in an Expense Reduction Analysts franchise in Massachusetts. Understanding the causes of past terminations can provide valuable insights into potential challenges and help in making an informed decision.