Schooley Mitchell

Schooley Mitchell

Franzy VerifiedInformation based on 2025 FDD

Financial Services · Other Financial Services

Investment min
$75.5K
Total: $75.5K–$80.8K
Avg gross revenue
$223.5K
Unit-level, 2025
Franchise fee
$73K
Veteran discount available
Royalty
8%
of gross revenue
Locations
298
Franchising since 2004

Description

What is Schooley Mitchell?

Cost reduction consulting for business expenses with a performance-based model where clients pay only when they save

Schooley Mitchell stands as North America's leading independent cost reduction consulting franchise, helping businesses optimize their operational expenses since 1997. As a Schooley Mitchell franchise owner, you become a trusted advisor to businesses in your community, identifying and eliminating unnecessary costs in critical areas such as merchant services, telecommunications, waste management, and other essential business services.

What makes Schooley Mitchell unique is their risk-free, performance-based business model. Clients only pay when actual savings are realized, making it an attractive proposition for businesses of all sizes. This consultative approach has earned them a sterling reputation across their network of over 200 locations, with countless success stories of significant cost reductions for their clients.

The franchise operates with a professional B2B model that allows for flexible scheduling and the ability to work from home or a small office. Franchisees benefit from comprehensive training, proprietary software systems, and ongoing support from a network of experienced consultants. The business relationship-driven nature of the franchise means you'll be making a real impact in your business community while building a sustainable, scalable consulting practice.

Ideal candidates for a Schooley Mitchell franchise are business-minded professionals with strong analytical skills and a passion for helping other businesses succeed. No prior industry experience is required, as their proven system and training program equip you with the necessary tools and knowledge to excel in this rewarding business opportunity.
  • Vendor contract cost reduction
  • Recurring expense auditing
  • B2B consultative service
  • Multi-location client focused
  • White-collar franchise model
  • No-inventory business

Location Analysis

Where Schooley Mitchell wins

Schooley Mitchell operates a home-based franchise model with consultants distributed across assigned territories rather than clustered in retail corridors. Presence spans both the United States and Canada, consistent with the brand's North American operating footprint. Territory placement follows concentrations of small and mid-sized businesses rather than consumer foot traffic. No retail or brick-and-mortar facility is required; franchisees operate from home or small office environments with standard business technology. Territories are defined by the franchisor and are viable where there is a sufficient base of small and mid-sized organizations with recurring supplier expenses rather than a specific resident count. The client base consists of small and mid-sized businesses, nonprofits, municipalities, and professional practices with recurring vendor expenses. Prospective franchisees should verify the density of target business clients and organizational spending patterns within the assigned territory before proceeding.
Total Locations
299
Franchise units
298
Corporate locations
1
Avg. sq. footage
0

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Financial Analysis

The numbers behind Schooley Mitchell

Avg gross revenue$223,544
Investment range$75,500 – $80,750
Investment midpoint$78,125
Brand fund2%
Royalty8%
Franchise fee$73,000
Min. net worth$150,000
Min. liquid capital$100,000

Veteran discount available

Schooley Mitchell participates in a veteran discount program on the franchise fee. Ask your Franzy advisor or the brand for current eligibility and terms.

Schooley Mitchell was founded in 1994 and currently operates 298 units. The initial investment ranges from $75,500 to $80,750, with a franchise fee of $73,000. The franchise fee represents the majority of the total initial capital requirement. Reported gross revenue is $223,544. This home-based consulting model eliminates facility costs and retail overhead, concentrating capital primarily on the franchise entry fee and initial working resources. The business model centers on cost-reduction consulting for recurring vendor expenses, positioning franchisees as advisors to organizations with ongoing telecom, merchant services, shipping, and waste expenditures. Franchisor-provided back-office analysis support reduces the operational infrastructure franchisees must independently maintain.
Did you know? Schooley Mitchell is a financial services franchise specializing in cost-reduction consulting. The initial investment ranges from $75,500 to $80,750. The franchise fee is $73,000. Founded in 1994, the brand operates 298 units across a North American footprint using a home-based territory model that eliminates retail facility requirements.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

The model

How Schooley Mitchell works

01
Ownership
Part-Time (Executive)

Owner stays in an executive role — sets strategy, hires a manager, and oversees crews. Typically 5–20 hr/wk after ramp; many keep their day job.

Full-Time

Owner runs the business as their primary job — leads the team day-to-day on the ground, 40+ hr/wk.

02
Revenue
Recurring revenueTransaction-basedBig-ticket salesService-basedProduct sales (retail)Hybrid model
03
Customer
B2B

Sells to businesses, contractors, or property owners.

B2C

Sells directly to consumers and homeowners.

Mixed

Serves both businesses and consumers.

FDD Item 7

Initial investment range

$75.5K–$80.8K
Most common
$75,500
Minimum
$78,125
Midpoint
$80,750
Maximum

The investment range midpoint (from range reported on Item 7) is $78,125 and financing can reduce cash-at-close by 80–90%.

FDD Item 19

Average gross sales

Avg
$284.8K
YOY change (2024 -> 2025)
-37%

According to Item 19 of the Franchise Disclosure Document, Schooley Mitchell has an average gross revenue of $223.5K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Over time

Franchise footprint

+31% YoY
298 units open as of 2025 FDD+71 in last 12 mo

2025 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Schooley Mitchell's 2025 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2025 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Schooley Mitchell franchise typically ranges between $75,500.00 and $80,750.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2025. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Schooley Mitchell
Schooley Mitchell
$223.5K avg revenue · 298+ US franchises