Schooley Mitchell
Consulting business that reviews business expenses across categories such as telecommunications, merchant services, shipping, waste management, fuel, software, and supplies, then provides reports and recommendations to help business clients reduce costs and improve their systems.
Your franchise match score
Business & Professional Services
Brand super powers
Recession-Proof Model
Home-Based
Limited Competition
No Territory Restrictions
Risk-free value proposition for clients
Brand highlights
- CEO
- Headquarters
- Year founded1994
- Year started franchising2004
- IndustryBusiness & Professional Services
- Locations open262 (+70 last three years)
Statistics & metrics
- Investment range$70,500 - $80,750
- Franchise fee$68,000
- RoyaltyStandard franchise: 8% of Gross Sales in each calendar month. The minimum royalty for the 7th through 29th months during the initial term of the agreement is $200 per month, and for the 30th and all subsequent months during the initial term of the agreement is $400 per month. Builder franchise: 12% of Gross Sales in each calendar month. The minimum royalty for the 7th and all subsequent months during the initial term of the agreement is $125 per month. Development franchise: 8% of Gross Sales in each calendar month. The royalty fee is reduced to 7% for Gross Sales of $2,500,001 to $5,000,000, and to 6% of Gross Sales above $5,000,000 in each calendar year. Minimum royalty is the same as a standard franchise.
- Brand fundStandard franchise and development franchise: 2% of Gross Sales in each calendar month. The minimum fee for the 7th through 29th months during the initial term of the agreement is $50 per month, and for the 30th and all subsequent months during the initial term of the agreement is $100 per month. Builder franchise: 3% of Gross Sales in each calendar month. No minimum fee.
- 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: 2024-07-22
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Schooley Mitchell, 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 Schooley Mitchell's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Schooley Mitchell, 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 Schooley Mitchell franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Schooley Mitchell provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 262 |
| Franchise locations | 261 |
| Corporate locations | 1 |
System growth over time
FAQs
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