Help businesses spend less, earning a share of the savings you find.
Figures discussed in this episode come from Schooley Mitchell’s FDD issued . FDDs are updated regularly, and figures may have changed.
Go deeper into Schooley Mitchell’s story, their customer experience, and understand the disclosure behind the numbers.
Our financial and operating references come from this edition of Schooley Mitchell’s FDD. For your own evaluation, request the current FDD from the franchisor.
Summaries from the brand background, customer materials, and dated FDD used for this episode.
Schooley Mitchell’s disclosed corporate history begins in Ontario in 1994, with this franchise offering beginning in 2004. The business focuses on helping other businesses examine operating expenses.
Clients bring expenses such as telecommunications, payment processing, shipping, and waste services into a cost-reduction review. The franchisee develops the relationship and discusses the analysis with the client.
The local owner develops business relationships while the franchise system supplies specialized analysis and reporting. Standard and Builder formats provide different participation arrangements to explore.
The FDD’s Item 7 gives an estimated initial investment of $75,300 to $85,550 (standard or Builder franchise). Home-office option; includes the initial franchise fee.
Item 19 uses annual secured revenue, which includes revenue received or expected under customer contracts signed during the reporting year. It can capture payments expected over multiple years. It is not the cash collected in a single year or the owner’s profit.
Reported revenue comes before the costs of running the business and is not owner profit. Historical results do not predict what a new owner will achieve. Use the current FDD to explore the expenses and operating assumptions relevant to your plans.
Start with the story. Then bring informed questions to your next conversation.
This episode is for educational purposes only and is not an offer to sell a franchise, which can only be made through the franchisor’s FDD. It is not legal, financial or investment advice; review the current FDD with your own attorney and accountant. This episode is not sponsored or endorsed by Schooley Mitchell. Franchise Roundtable profiles are developed with AI-assisted production and editorial review. Powered by FranchiseBrokers.com, which may receive compensation from franchisors. Full disclosures
Help business owners see what comes next.
Explore episode
Explore the business of automotive personalization.
Explore episode
A thoughtful service for families and their pets.
Explore episodeConnect with FranchiseBrokers.com to talk about the business you want to explore.
Let’s talk ownership