Concept Description
Franchise Opportunity Overview
Schooley Mitchell is the largest independent cost reduction consulting company in North America. Our network of Franchised consulting offices across the continent serves as the outsourced expense reduction specialists to business clients, providing professional solutions from coast-to-coast.
Our sophisticated Franchise system, which includes a comprehensive training program, state-of-the-art support systems, tremendous software tools and databases, a multi-million-dollar intranet environment, and an innovative client protection system, is well established as a rising star in the world of Franchising. Our Franchisees are among the most successful of any Franchise system.
Schooley Mitchell Franchisees are independent of all vendors. We do not sell anything except our advice. Franchisees do not receive commissions, residuals or kickbacks from any suppliers. Therefore, the solutions provided to clients are designed with the exclusive goal of providing the best solution to meet clients’ individual needs regarding their products and services.
At Schooley Mitchell, we have structured our services to be very attractive to business clients by providing them in a self-funded manner. Most services are offered on a contingency basis, where the client only pays a portion of their savings realized through Schooley Mitchell’s advice.
If there are no savings generated from the Schooley Mitchell assignment then there are no fees paid by the client. This billing method ensures that the client can be secure that they will never lose money by engaging a Schooley Mitchell Franchisee.
Testimonials
- “I was attracted to Schooley Mitchell’s model of helping business owners manage the minefield of costs and services in our specialist areas. I love approaching business owners with a 100% guarantee that unless I increase their bottom line, there is no charge for my services.” William McKissock, Florida
- “The tools, clout with carriers, support from head office and most importantly, the network of consultants able to share projects and expertise all made it the best decision I’ve ever made.” Neil Hostein, Ontario
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Publicity
Among the company’s many national awards is the prestigious CFA Gold Frankie Award for Schooley Mitchell’s innovative marketing campaigns. Schooley Mitchell has also been recognized by both Inc. Magazine and Entrepreneur Magazine as a top Franchise system. In addition, several Schooley Mitchell Franchisees have been recognized publicly in their local communities as business and community leaders – and that is a tremendous source of pride for all of our team members.
Unit Option
Single, Multiple
Background
FDD Franchised Units: 261
Corporate Owned Units: 1
Projected New Units: 150
Year Established: 1997
First Year Franchised: 2004
Type of Business: Franchise
Hours of Operation: Regular Business Hours
History:
Schooley Mitchell is the largest independent cost reduction consulting company in North America. Our network of Franchised consulting offices across the continent serves as the outsourced expense reduction specialists to business clients, providing professional solutions from coast-to-coast.
Our sophisticated Franchise system, which includes a comprehensive training program, state-of-the-art support systems, tremendous software tools and databases, a multi-million dollar intranet environment, and an innovative client protection system, is well established as a rising star in the world of Franchising. Our Franchisees are among the most successful of any Franchise system.
For further information, read:
Availability
Territories: United States, Canada: Registered
Financials
Liquidity: $100,000
*Investment Range: $70,500 - $80,750
**Average Investment: $73,000 - $85,000
Provided by the Franchisor
Minimum Net Worth: $100,001 to $250,000
Franchise Fee: $68,000
Royalty: 8%
Royalty Description: 8% of Gross Sales in each calendar month. The minimum royalty for the 7th and all subsequent months during the initial term of the agreement is $200 per month, and for the 30th and all subsequent months during the initial term of the agreement is $400 per month.
Advertising: Local: Not required.
National Advertising: 2% of Gross Sales in each calendar month.
Ramp-Up: 7 to 9 months
Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.
Passive Ownership Explain: We offer a Builder Franchise Program for those Candidates that want to start as a part-time Franchisee, and then build to a full-time business as they continue in their current employment! The franchise fee will not change. There are a few tweaks to our system to allow for this structure, but the same training, support, and system will be provided for Builder Franchisees just the same as full-time Franchisees.
Available Discounts
- Veterans
Discount Description: $5,000 discount for veterans. *Currently offering a 12 month royalty exemption for new franchisees who are introduced to us before September 30, 2025.*
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Length of Training: 5 days +web-based
Training Description:
For new franchisees, we offer a five-day virtual training with live interactive instructors. After these five days, franchisees continue to receive ongoing training and support through several programs designed for their success.
Operational and Marketing Tools:
A fully developed and proprietary intranet system called “The Warehouse”. It provides everything from CRM to client report generation. In addition, we have a fully staffed marketing and social media department that works closely with the franchisees to meet their individual needs. We also have an extensive inventory of marketing collateral that is readily available to all franchisees. We have extensive social media and web presence. We also offer telemarketing services for appointment setting.
Financing Assistance: N/A
