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ERA Group

Franchise Information

Source: File #151972
FDD Issued: Apr 18, 2024
Extracted: Feb 18, 2026
Franchisor Details
Name: Expense Reduction Analysts, Inc.
Parent: MICO Holding Ltd.
Address: 16415 Addison Road, Suite 410, Addison, Texas 75001
Phone: (469) 310-2977
Franchising Since: 2002
Industry & Qualifications
Industry
Business Services
Franchise Fee
$64,900 - $69,900
Royalty
15.0%
Ad Fund: 3.00%
Total Investment
$76K - $106K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets
146
Franchised
144
Company-Owned
2
Opened (Last Year)
+23
Closed (Last Year)
-15
Churn Breakdown (Last Year)
Terminations
6
Non-Renewals
0
Ceased Ops
7
Transfers
1
Reacquired
2
Exclusive Territory
Yes
Franchisees operate within a designated market Area/Region based on demographics...
Item 19 (Financial Performance)
Disclosed
Data represents 'Net Cumulative Receipts' (Gross Revenue less joint venture fees...
Financial Performance (Item 19)
Avg Unit Volume
$327,252
Median
$268,982
Top 25% Avg
$703,746
Bottom 25% Avg
$119,835
Highest
$1,465,022
Lowest
$79,319
% Achieving Avg
33.0%
Sample Size
58 units
Legal History
Litigation: Yes
Three litigation matters involving international affiliates (Germany, Switzerland) - all closed/sett...
Bankruptcy: None
Number File name Actions
20191 442185_Franchise__Expense_Reduction_Analysts_Re_North Dakota_20191.pdf View · Download
26717 442185_Franchise__Expense_Reduction_Analysts_Re_North Dakota_26717.pdf View · Download
68698 442185_Franchise__Expense_Reduction_Analysts_Re_South Dakota_68698.pdf View · Download
72694 442185_Franchise__Expense_Reduction_Analysts_Re_North Dakota_72694.pdf View · Download
94967 442185_Franchise__Expense_Reduction_Analysts_Re_Virginia_94967.pdf View · Download
98209 442185_Franchise__Expense_Reduction_Analysts_Re_New York_98209.pdf View · Download
117477 442185_Franchise__Expense_Reduction_Analysts_Re_Maryland_117477.pdf View · Download
142966 442185_Franchise__Expense_Reduction_Analysts_Re_Virginia_142966.pdf View · Download
145874 442185_Franchise__Expense_Reduction_Analysts_Re_South Dakota_145874.pdf View · Download
151972 442185_Franchise__Expense_Reduction_Analysts_Re_North Dakota_151972.pdf View · Download
162840 442185_Franchise__Expense_Reduction_Analysts_Re_Maryland_162840.pdf View · Download
220449 442185_Franchise__Expense_Reduction_Analysts_Re_North Dakota_220449.pdf View · Download
225041 442185_Franchise__Expense_Reduction_Analysts_Re_South Dakota_225041.pdf View · Download
229742 442185_Franchise__Expense_Reduction_Analysts_Re_Illinois_229742.pdf View · Download
232673 442185_Franchise__Expense_Reduction_Analysts_Re_North Dakota_232673.pdf View · Download
235164 442185_Franchise__Expense_Reduction_Analysts_Re_Virginia_235164.pdf View · Download
251217 442185_Franchise__Expense_Reduction_Analysts_Re_Maryland_251217.pdf View · Download
638726 638726_expense-reduction-analysts--inc-.pdf View · Download
998944335 MN_31251-202404-06_expense-reduction-analysts,-inc.pdf View · Download
1133296205 MN_33769-202504-12_expense-reduction-analysts,-inc.pdf View · Download
1622375195 MN_33769-202504-10_expense-reduction-analysts,-inc.pdf View · Download
1675448337 MN_31251-202404-01_expense-reduction-analysts,-inc.pdf View · Download
1803889674 MN_33769-202504-08_expense-reduction-analysts,-inc.pdf View · Download
Showing 1–23 of 23 files.
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