Next
398/500
Back

Expense Reduction Analysts Inc.

2014 Franchise 500
#398
At a Glance

Products & Services: Cost-management consulting

Number of Locations: 645

Total Investment: $66.1K - $88.3K

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
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $66,100 - $88,250
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).

How This Franchise Supports Franchisees

Training: Available at headquarters. Available at franchisee's location.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Direct marketing

Franchise Ranking History

Franchise 500®: #398 (2014), #259 (2013), #290 (2012), #98 (2011), #105 (2010),
Fastest-Growing: #34 (2010),
Top Home-Based: #67 (2013), #88 (2012), #25 (2011), #30 (2010),
America's Top Global: #184 (2014), #69 (2013), #83 (2011), #86 (2010),