Expense Reduction Coaching

  • ERC Franchising, LLC
900 Main Street South, Bldg. 2
Southbury, CT 06488
  • (800) 289-0086 / (203) 264-2006
  • (203) 264-3516 (Fax)

Expense Reduction Coaching (ERC) is a proven process for saving companies money, and profiting from sharing 50% of those new found cost savings. By offering a no obligation risk-free model for business owners of all sizes, ERC franchisees are in a unique position of offering a truly win-win situation with their clients. ERC franchisees are trained to market and perform services designed to reduce long-term costs, while using ERC's proprietary software. Our franchisees are not required to sell specific products, but analyze their client's expenses, negotiate with suppliers and make recommendations.

Franchisor Background

Year Established: 1993

Franchising Since: 2001

Operating Units

Franchised Units 15 100.0%
Company-Owned Units 0 0.0%
Total Operating Units 15 100%

Geographic Distribution

USA 15 100.0% In 5 States
Canada 0 0.0% In 0 Provinces
International 0 0.0% In 0 Foreign Countries
Total 15 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
Colorado 2
Massachusetts 2

Registered in the following Registration States

California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin

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Support and Training

General Information

IFA Member Yes
CFA Member No
Franchisee Association? No
Size of Corporate Staff 35
Site Selection
Assistance
No
Lease Negotiation Assistance No
Financial Assistance No

Marketing Support

Co-Op Advertising No
National Advertising No
Regional Advertising No
Local Advertising No

Ongoing Support

Central Data Processing Included
Central Purchasing Included
Field Operation Evaluation Yes, at additional cost
Field Training Yes, at additional cost
Initial Store Opening N/A
Inventory Control N/A
Franchisee Newsletter Included
Regional or National Meetings N/A
800 Telephone Hotline Included

Training

Southbury, CT 5 Days
Virtual 24 Weeks
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Financial Requirements

Investment

Minimum Net Worth $199K
Cash Investment $67K
Total Investment $73.5-84.6K
Average Total Investment $79K

Fees

Initial Franchise Fee $45K
Average Franchise Fee $45K
On-Going Royalty 5-15%
Average Royalty 0%
Advertising Fee 0%

Site Information and Requirements

Average Number of Full-Time Employees 1
Average Number of Part-Time Employees 0
Space Needs (in square feet) None
Preferred Site Types N/A
Encourages Conversions N/A
Item 19 (Earnings Claim) Provided? Yes
Listed in the SBA Registry? Yes
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Franchisee Qualifications

Financial Net Worth 3
General Business Experience 3
Specific Industry Experience 3
Formal Education 3
Psychological Profile 3
Personal Interviews 3
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Terms of Contract

Term of Initial Contract 10
Term of Renewal Period 10
Passive Ownership? Allowed, but discouraged
Area Development
Agreements?
Yes, for 8 years
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? No
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Expansion Plans

Projected New Units Over Next 12 Months 23
USA Yes, All United States
Canada Yes, All Canada
Overseas Yes, All Countries
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Request Information for Expense Reduction Coaching

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