What was the net change in the number of franchised Expense Reduction Analysts outlets during 2022?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| OUTLET TYPE | YEAR | OUTLETS AT THE START OF THE YEAR | OUTLETS AT THE END OF THE YEAR | NET CHANGE* (+ or -) |
|---|---|---|---|---|
| Franchised | 2022 | 145 | 136 | -9 |
| 2023 | 136 | 144 | +9 | |
| 2024 | 144 | 161 | +17 | |
| Company | 2022 | 0 | 0 | 0 |
| Owned | ||||
| 2023 | 0 | 2 | +2 | |
| 2024 | 2 | 2 | 0 | |
| 2022 | 145 | 136 | -9 | |
| 2023 | 136 | 146 | +10 | |
| 2024 | 146 | 163 | =+17 |
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, the net change in the number of franchised outlets during 2022 was a decrease of 9. At the start of 2022, there were 145 franchised outlets, and by the end of the year, the number had decreased to 136. This represents a net reduction in the number of franchised locations for Expense Reduction Analysts during that year.
For a prospective franchisee, this information indicates a contraction in the franchise system during 2022. While the numbers for 2023 and 2024 show growth, the decrease in 2022 could be a point of inquiry. It would be prudent to ask Expense Reduction Analysts about the reasons for this decline, such as closures, terminations, or non-renewals of franchise agreements. Understanding the factors contributing to this change can provide valuable insight into the stability and health of the franchise system.
It's important to note that while a decrease in outlet numbers may raise concerns, it does not necessarily indicate a failing franchise. Factors such as strategic restructuring or market saturation could also contribute to such changes. However, due diligence is essential, and prospective franchisees should thoroughly investigate the reasons behind the net change in outlet numbers to make an informed decision about investing in an Expense Reduction Analysts franchise.