Expense Reduction Analysts
Provides cost optimization and supplier relationship management consulting for private and public company clients by analyzing purchased services and products, identifying savings opportunities, and helping clients reduce costs and improve profit.
Your franchise match score
Business & Professional Services
Brand highlights
- CEOCharles A. Smith
- Headquarters16415 Addison Road, Addison, TX, 75001
- Year founded2002
- Year started franchising2002
- IndustryBusiness & Professional Services
- Locations open146 (+5 last three years)
Statistics & metrics
- Investment range$76,000 - $105,900
- Franchise fee$69,900
- RoyaltyRoyalty Fee is the greater of: (i) 15% of annual Net Cumulative Receipts for the immediately preceding calendar month; or (ii) the applicable minimum royalty fee (the “Minimum Royalty Fee”)
- Brand fund3% of annual Net Cumulative Receipts
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Business & Professional Services industry:
From consulting and staffing to printing and shipping, business services franchises provide essential support to other companies. This sector is ideal for those with a background in corporate environments or B2B sales.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-18
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Expense Reduction Analysts, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Expense Reduction Analysts's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Expense Reduction Analysts, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Expense Reduction Analysts franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Expense Reduction Analysts provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 146 |
| Franchise locations | 144 |
| Corporate locations | 2 |
System growth over time
FAQs
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