Schooley Mitchell
Schooley Mitchell franchises provide cost reduction consulting services to business clients, reviewing expenses in categories such as telecommunications, merchant services, shipping, waste management, and more. Franchisees prepare reports summarizing current costs and proposed solutions, then advise clients on implementing improvements to reduce costs. The business model involves granting franchises for full-time professional consulting offices, part-time builder franchises, or development franchises with satellite locations, targeting virtually all businesses seeking operational cost savings.
Franchise Costs
8% royalty + 2% ad fund (standard; mins $200-$400/mo royalty, $50-$100/mo ad after initial months); builder 12% + 3%
Financial Performance
Item 19 Financial Performance
Data Based On: 240 U.S. and Canadian franchisees during the 12 months ending February 28, 2025, separated into Full-Time and Part-Time categories.
* Calculated overall weighted average gross revenue: (79 Full-Time units × $223,544 + 161 Part-Time units × $14,743) / 240 total units = $83,473.33. Overall median gross revenue could not be calculated from the provided segmented medians. Revenue top and bottom quartiles are based on the Full-Time Franchisees data only, as segmented quartile data was not available for Part-Time Franchisees.
Extracted Item 19 Section
How Schooley Mitchell Compares
Key Insights
- Lower than average SBA loan default rate in Business Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Schooley Mitchell Current | $71K – $86K | $73K | 8.0% | 258 |
| Bimbo Foods Bakeries Distribution, LLC | $14K – $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K – $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K – $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K – $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K – $380K | $100K | 10.0% | 2,286 |
Business Services Average 188 franchises | $118K – $284K | $46K | 10.4% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
SBA Loan History
Historical SBA 7(a) loan data for Schooley Mitchell franchisees (2015 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
324 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
324 Contacts Available
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Due Diligence
Litigation (Item 3)
One dispute with a former franchisee alleging misrepresentation and failure to comply with franchise disclosure laws (Arthur Wishart Act), resulting in rescission of the franchise agreement and a settlement payment.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Schooley Mitchell franchise ranges from $70,500 to $85,550. This includes a franchise fee of $73,000. Ongoing royalty fees are 8.0% of gross sales.
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