What was the total number of Expense Reduction Analysts outlets opened in 2024?
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 |
|---|---|---|---|---|---|---|---|---|
| NY 15 | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 2 | 0 | 0 | 0 | 3 | |
| OH | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| OK, | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| AR16 | ||||||||
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| PA 16 | 2022 | 7 | 2 | 0 | 0 | 0 | 0 | 9 |
| 2023 | 9 | 0 | 0 | 0 | 0 | 1 | 8 | |
| 2024 | 8 | 2 | 0 | 0 | 0 | 0 | 10 | |
| TX 9 | 2022 | 21 | 1 | 0 | 0 | 0 | 3 | 18 |
| 2023 | 18 | 6 | 2 | 0 | 0 | 0 | 22 | |
| 2024 | 22 | 3 | 2 | 0 | 0 | 0 | 23 | |
| VA 17 | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| WA 18 | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 1 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 1 | 0 | 0 | 0 | 5 | |
| Total | 2022 | 145 | 10 | 8 | 1 | 0 | 10 | 136 |
| Outlets | ||||||||
| 2023 | 136 | 23 | 6 | 0 | 2 | 7 | 144 | |
| 2024 | 144 | 30 | 12 | 1 | 0 | 0 | 161 |
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 a total of 30 outlets opened in 2024. The data includes specific details for several states. For example, in Texas, 3 outlets were opened, and in Virginia, 1 outlet was opened during that year. Pennsylvania saw the opening of 2 outlets in 2024. However, in states like New York and Ohio, no new outlets were opened during the same period.
These figures provide insight into the growth and expansion of Expense Reduction Analysts across different regions. A prospective franchisee can use this information to understand which markets are experiencing growth and where the brand may be focusing its expansion efforts. It's important to note that while some states show new openings, others remain stagnant or even experience a decrease in the number of outlets due to terminations or other reasons.
Overall, the total number of outlets increased from 144 at the start of 2024 to 161 by the end of the year, reflecting a net increase of 17 franchised locations. This indicates a positive trend in the expansion of Expense Reduction Analysts' franchise network. A potential franchisee should further investigate the reasons behind the openings, terminations, and non-renewals in specific states to assess the stability and growth potential of the franchise in those areas.