What was the net property and equipment value for Expense Reduction Analysts in 2023?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
ase components and instead accounts for each separate lease component and the nonlease component as a single lease component.
NOTE 3 PROPERTY AND EQUIPMENT
Property and equipment consisted of the following at December 31:
| 2024 | 2023 | |
|---|---|---|
| Computers and Equipment | $ 20,332 | $ 18,030 |
| Furniture and Fixtures | 8,572 | 15,7 |
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the net property and equipment value in 2023 was $18,770. This figure represents the total value of Expense Reduction Analysts' property and equipment after accounting for accumulated depreciation.
The total property and equipment before depreciation was $33,748, comprised of computers and equipment ($18,030), furniture and fixtures ($15,718). The accumulated depreciation was $14,978.
For a prospective franchisee, this indicates the level of investment Expense Reduction Analysts has in its own physical assets. While franchisees will operate independently, understanding the franchisor's asset management can provide insight into their overall financial strategy. It is important to note that these figures reflect the consolidated financial position of Expense Reduction Analysts, Inc. and its subsidiaries, not the investment required by an individual franchisee to start their own Expense Reduction Analysts franchise.