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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
8% royalty + 2% ad fund (standard; mins $200-$400/mo royalty, $50-$100/mo ad after initial months); builder 12% + 3%
Franchise Stats
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 to Other Business Services Franchises
Key Insights
- Lower than average SBA loan default rate in Business Services
| Franchise | Investment Range | Franchise 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 187 franchises | $118K - $285K | $46K | 10.4% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 187 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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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)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Schooley Mitchell franchise?
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.
How much revenue does a Schooley Mitchell franchise make?
According to the 2025 FDD, the average gross revenue for a Schooley Mitchell franchise is $83,473.33.
How many Schooley Mitchell franchise locations are there?
As of the 2025 FDD, Schooley Mitchell has 258 franchise locations. The company has been franchising since 2004.
Can you get an SBA loan for a Schooley Mitchell franchise?
Yes, SBA loans are available for Schooley Mitchell franchises. Historical data shows 64 SBA 7(a) loans have been approved for Schooley Mitchell franchisees, with an average loan amount of $133,503. The historical default rate is 17.2%.
Is Schooley Mitchell a good franchise to buy?
Schooley Mitchell shows several positive indicators: established brand with 258+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Schooley Mitchell?
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