
Schooley Mitchell
Schooley Mitchell is the largest independent cost reduction consulting firm in North America. Our network of franchised consulting offices serves as the outsourced expense reduction specialists for business clients from coast-to-coast in the United States and Canada. We have established ourselves as a respected and cutting-edge opportunity in the world of franchising with our comprehensive training program, state-of-the-art support systems, world-class software tools and databases, multi-million-dollar intranet environment, and innovative client protection system. Our franchisees are among the most successful of any franchise system. The service we provide our clients is quite simple: we review various business expenses – including telecommunications, merchant services, shipping, waste, fuel, and many more – and match them against our databases and experience to identify areas where those costs might be reduced. Our consultants negotiate with service providers, on our clients' behalf, in order to secure those reduced costs. The final stage is providing the client with options, and allowing them to choose that which serves their needs best, while optimising the costs. Our fees come from a portion of savings identified; there is no fee if there are no savings. Our clients love this no-risk business model. The only possible outcomes are twofold: we identify savings for our clients, or we confirm their expenses are optimised – that's it.
Your franchise match score
Business & Professional Services
Brand highlights
- CEO
- Headquarters
- Year founded1997
- Year started franchising2004
- IndustryBusiness & Professional Services
- Locations open231 (+87 last three years)
Statistics & metrics
- Investment range$73,000 - $80,750
- Franchise fee$73,000
- Royalty8%
- Brand fund2%
- Required Liquid Capital$150,000
- Required Net Worth$100,000
- Average Gross Revenue223,544
- Average Gross Revenue Less Disclosed Expenses178,718
Brand superpowers
Recession-Proof Model
Home-Based
Limited Competition
No Territory Restrictions
Risk-free value proposition for clients
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Ideal candidate profile
Strong Sales Ability
Relationship Builder
Passion to Help People
No Industry Experience Required
Business Acumen
Sales or Management Experience
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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: 2023-08-18
| 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. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Schooley Mitchell franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Schooley Mitchell franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Schooley Mitchell franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Schooley Mitchell. | |
| Financial Performance Representations | Review any financial performance information Schooley Mitchell provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 231 |
| Franchise locations | 230 |
| Corporate locations | 1 |
System growth over time
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