Reduced Price – Operate From Anywhere!
Schooley Mitchell franchise for sale in North Carolina
List Price: $45,000 USD
Key Facts
Annual Gross Revenue
N/A (undeveloped)
Cash Flow
Less than $25,000
Seasonal Business
No
Value of Inventory
$0
Value of Assets
$0
Year Established
2021
Business Operates From
My home
Location Is
N/A
Approx. Monthly Rent
N/A
Total Employees
Less than 10
+3 MonthsTransition
Support
Very FlexiblePrice/Terms
Flexibility
SignificantSeller financing Available
Part-timeOwner
Involvement
About this Business
Schooley Mitchell cost reduction franchise with seller financing available! Highly portable B2B business with unlimited earning potential!
We originally purchased our Schooley Mitchell franchise with the goal of bolting it on to our existing consulting business (which focuses on helping businesses grow and raise capital), and introducing cost reduction as a new service to our consulting clients. In practice though, we remained focused on our existing consulting business and never put in any real effort to growing or cross-selling the cost reduction offering.
- The business is asset light, portable, and can be run from anywhere.
- The Schooley Mitchell head office is extremely supportive and helpful, and they do a fantastic job of training new owners.
- The contingency pricing model truly is a no-brainer – clients only pay us $1 if we have already saved them $2.
- The residual income is powerful – we sign 3 year contracts with clients, meaning we share in the savings for 3 years!
- The head office research team regularly adds additional expense categories to their expertise, meaning there are many opportunities to go back to past clients / prospects with a new offering.
A brand new Schooley Mitchell franchise costs around $70,000, and we are providing prospective buyers the opportunity to purchase our existing franchise at a discount. We are motivated sellers so inquire today!
Growth opportunities
Honestly, the main growth opportunity would come in the form of effort. We do not spend any time on this business, but a new owner who could dedicate their work week to it would most certainly be able to grow this business massively.
Owner's Day-to-Day Involvement
The owner of this business essentially functions as the head of business development, bringing in new clientele. The Schooley Mitchell head office handles all back-office support required to execute on the deliverables for each new client.
Additional Info
This franchise can operate from anywhere, and all franchise owners are allowed to serve clients anywhere across the USA or Canada.
Asset Description
No equipment - this business is extremely asset-light. The only asset required is your laptop!
Inventory Description
No inventory required - this is a B2B services business and can be operated from anywhere.
Reason for Selling
We are selling because the business would be better in a different owner's hands who can dedicate themselves to growing the business.
Why I Love My Franchise
There is a really collaborative culture with the other franchise owners, and a really fun annual conference
About Schooley Mitchell
Schooley Mitchell is the largest cost reduction consulting firm in North America, providing businesses with a no-risk, performance-based service. Franchisees manage client relationships while the corporate office handles all the analysis, implementation, and execution of cost-saving strategies. The service is simple: Schooley Mitchell reviews specific business expenses, identifies cost reduction opportunities, and executes the chosen strategies. Clients only pay if savings are found, making it a no-risk solution for businesses looking to optimize their expenses. With a network of franchised consulting offices across the United States and Canada, Schooley Mitchell has established itself as a trusted partner for businesses of all sizes.
Franchisee Support
Schooley Mitchell offers extensive support to its franchisees to ensure their success in the cost reduction consulting industry. New franchisees undergo a five-day training program at the corporate headquarters, focusing on operational procedures and client engagement strategies. Ongoing support includes access to a dedicated support team, regular webinars, and annual conferences. Franchisees also benefit from marketing resources and a proprietary software platform to streamline operations.
Brand Accolades & Awards
Schooley Mitchell has received multiple accolades, including being recognized as one of the Top 50 Franchises for Franchisee Satisfaction by Franchise Business Review in 2023. The brand is also recognized for its efficient business model that helps clients reduce costs and improve profitability, showcasing its effectiveness in the consulting industry.
Industry / Market
The cost-reduction consulting industry is experiencing significant growth. The market, valued at approximately $101.9 million in 2023, is expected to reach nearly $200 million by 2030, growing at a compound annual growth rate (CAGR) of 10.1%. This growth is fueled by the rise of digital transformation, supply chain optimization, and outsourcing trends, which enable companies to achieve significant cost savings while maintaining or improving service quality
Ideal Owner
The ideal Schooley Mitchell franchisee is a business-minded individual with a strong background in consulting and cost reduction strategies. They should be analytical, customer-focused, and capable of building strong client relationships. Experience in business consulting or financial services is advantageous, along with a commitment to helping businesses optimize their expenses.