Schooley Mitchell Franchise FDD, Profits & Costs (2025)
Schooley Mitchell, founded in 1983, is a leading cost reduction consulting franchise specializing in helping businesses minimize expenses across various operational categories. Headquartered in Stratford, Ontario, Canada, the company initially focused on telecommunications consulting before expanding its services to include cost reduction in merchant services, shipping, waste management, fuel, and other essential business expenses.
By offering data-driven cost-saving solutions, Schooley Mitchell has built a strong reputation as the largest independent cost reduction consulting firm in North America.
The company began franchising in 1997, allowing experienced professionals to establish their own consulting practices under the Schooley Mitchell brand.
Franchisees leverage proprietary software, industry benchmarks, and strategic partnerships to provide businesses with optimized service contracts at the most competitive rates. One of the franchise’s key differentiators is its risk-free, results-based model—clients only pay if cost savings are achieved, ensuring that services are always aligned with their financial interests.
Initial Investment
How much does it cost to start a SCHOOLEY MITCHELL franchise? It costs on average between $71,000 – $81,000 to start a SCHOOLEY MITCHELL franchised facility.
This includes costs for office setup, technology, software, and initial operating expenses. The exact amount depends on various factors, including the franchisee’s location, business setup preferences, and whether they choose to work from a home office or lease a commercial space.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $68,000 |
| Training Expenses | $500 to $2,000 |
| Equipment and Fixtures (Home Office) | $0 to $2,000 |
| Equipment and Fixtures (Office Outside Home) | $0 to $2,000 (Optional) |
| Security Deposits, Insurance, Utilities, Licenses, Professional Fees, Inventory, and Other Prepaid Expenses (Home Office) | $0 to $1,000 |
| Security Deposits, Insurance, Utilities, Licenses, Professional Fees, Inventory, and Other Prepaid Expenses (Office Outside Home) | $0 to $2,000 (Optional) |
| Rent (Office Outside Home) | $0 to $750 (Optional) |
| Office Supplies (With Logo) | $1,000 |
| Additional Funds – 3 Months | $1,000 to $2,000 |
| TOTAL | $70,500 to $80,750 |
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Frequently Asked Questions
How many SCHOOLEY MITCHELL locations are there?
As of the latest data, Schooley Mitchell operates over 320 franchised offices across North America. The company does not have any company-owned locations; all offices are independently owned and operated by franchisees.
What is the total investment required to open a SCHOOLEY MITCHELL franchise?
The total investment required to open a SCHOOLEY MITCHELL franchise ranges from $71,000 to $81,000.
What are the ongoing fees for a SCHOOLEY MITCHELL franchise?
Schooley Mitchell franchisees pay an 8% royalty fee on gross sales for system support and training. Additionally, they contribute a 2% marketing fee to fund brand promotion and advertising efforts.
Who owns SCHOOLEY MITCHELL?
Schooley Mitchell franchise is owned by Dennis Schooley, who founded the company in 1983. He continues to lead the organization, ensuring its commitment to cost-reduction consulting for businesses across North America.
Disclaimer
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