What was the total amount of the reversion and reacquisition agreement that Expense Reduction Analysts entered into during 2021?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
ement with Koala Enterprises, Inc. for a total of $100,000. Beginning on November 15, 2018, the Company pays Koala Enterprises, Inc. the purchase price in 40 equal, consecutive monthly payments of $2,500 each month, with the final payment due February 15, 2022.
During 2021, the Company entered into a reversion and reacquisition agreemen
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts's 2025 Franchise Disclosure Document, the company entered into a reversion and reacquisition agreement with New Harbor Ventures, LLC during 2021 for a total of $300,000. The payment terms stipulated that Expense Reduction Analysts would pay the purchase price in four equal, consecutive annual installments of $75,000 each, without interest. The payment schedule commenced on March 1, 2021, with the final payment due on February 1, 2024.
This agreement represents a significant financial transaction for Expense Reduction Analysts, indicating potential strategic moves related to acquiring or regaining control of certain assets or territories. For a prospective franchisee, this information provides insight into the company's financial management and its approach to growth and consolidation.
The fact that the note was fully paid by the end of 2024 suggests that Expense Reduction Analysts successfully managed this financial obligation. Reviewing such financial activities can help potential franchisees assess the financial stability and strategic direction of Expense Reduction Analysts.