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.
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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 |
Average Revenue (AUV)
How much revenue can you make with a SCHOOLEY MITCHELL franchise? A SCHOOLEY MITCHELL franchised business makes on average $124,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $134,000 yearly revenue for similar other finance franchises. Below are a few SCHOOLEY MITCHELL competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
SCHOOLEY MITCHELL Franchise Disclosure Document
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.
What are the financial requirements to become a SCHOOLEY MITCHELL franchisee?
To become a Schooley Mitchell franchisee, candidates are required to have a minimum net worth of $150,000 and at least $100,000 in liquid capital. This financial foundation ensures that franchisees are well-positioned to establish and sustain their consulting business effectively.
How much can a SCHOOLEY MITCHELL franchise owner expect to earn?
The average gross sales for a SCHOOLEY MITCHELL franchise are approximately $0.12 million per location. Assuming a 15% operating profit margin, $0.12 million yearly revenue can result in $18,000 EBITDA annually.
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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