How many Expense Reduction Analysts outlets were terminated in North Carolina during 2023?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| KY 6 | 2022 | 4 | 1 | 0 | 0 | 0 | 1 | 4 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| MA 7 | 2022 | 5 | 0 | 1 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 3 | 0 | 0 | 0 | 1 | |
| MD8 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (REGIONAL FRANCHISEES) (FDD pages 52–57)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Expense Reduction Analysts does not explicitly state the number of terminations in North Carolina for 2023. While Item 20 includes data on terminations, non-renewals, and other changes in outlet status, the provided excerpt does not contain a table that includes North Carolina. The table does include data for other states such as Kentucky and Massachusetts.
For a prospective franchisee, this absence of specific data for North Carolina means that you would need to seek clarification from Expense Reduction Analysts directly regarding franchise terminations in that state. Understanding the historical performance and stability of franchises in your target area is crucial for assessing risk.
To get a clearer picture, a potential franchisee should ask Expense Reduction Analysts for the specific number of franchise terminations, non-renewals, and transfers in North Carolina during 2023. Additionally, it would be beneficial to inquire about the reasons for any terminations or non-renewals to better evaluate the health and stability of the franchise network in that region.