百大连锁店Rank no. 259 – Expense Reduction Analysts Inc. – 新移民致富之路
百大连锁店Rank no. 259 – Expense Reduction Analysts Inc. – 新移民致富之路
Products & Services: Cost-management consulting
Number of Locations: 645
Total Investment: $66.09K – 88.25K
Founded: 1984
Began Franchising: 1993
About Expense Reduction Analysts Inc.
Expense Reduction Analysts (ERA) is based in Addison, Texas. ERA franchisees offer cost-management consulting services, using the company’s proprietary E-SCAN’s (Strategy-Costs-Alignment-Numbers) to summarize ways to reduce costs and increase profits and working with management teams to implement these plans. Franchises are located in more than 30 countries.
Franchise Units
| YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
| 2013 | 177 | 1 | 467 | 0 |
| 2012 | 182 | 1 | 495 | 4 |
| 2011 | 210 | 1 | 504 | 5 |
| 2010 | 213 | 15 | 488 | 4 |
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $59,900
Ongoing Royalty Fee: 15%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $150,000
Liquid Cash Available: $54,000 – $70,000
OPERATIONS
Franchise can be run from home. 6% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).