

KEY FRANCHISE STATS
?
?
?
?
$124,000
Schooley Mitchell, established in 1983, has grown into a premier franchise specializing in cost reduction consulting for businesses across a wide range of operational areas.
Originally founded in Stratford, Ontario, Canada, the company started with a focus on telecommunications consulting but soon expanded to cover merchant services, shipping, waste management, fuel, and other crucial business expenses.
Through its data-driven approach, Schooley Mitchell has earned recognition as the largest independent cost reduction consulting firm in North America. Its proven methods help businesses lower operational costs while maintaining or enhancing service quality.
Franchising efforts began in 1997, opening opportunities for skilled professionals to launch their own consulting businesses under the Schooley Mitchell name.
A major competitive edge for Schooley Mitchell is its results-based model—clients are only charged when actual savings are realized, ensuring the franchise’s goals remain fully aligned with client success.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Create a free account to access this table and more.
For more information see our plans here.
Upgrade to Pro to access and download this FDD.
For more information, see our plans here.
The Schooley Mitchell franchise provides the following types of training for its franchisees:
Schooley Mitchell does not offer territory protection to its franchisees. Franchisees will not receive an exclusive territory, meaning they may face competition from other Schooley Mitchell franchisees, company-owned outlets, or other channels of distribution controlled by the franchisor.
While franchisees have the right to operate across a broad geographic area, they must work from a single approved location. Even though the franchised business's operational reach is technically unlimited, franchisees are restricted to conducting business from one approved office, usually a home-based location.
If a franchisee wishes to relocate, prior written approval from Schooley Mitchell is required. Additionally, franchisees cannot assume any rights to open additional locations or other territories without signing new agreements and paying additional fees.
Below are some of
SCHOOLEY MITCHELL
key competitors in the
Other Financial Services
sector.

201
$68,000
$71,000
$81,000
n.a.
$124,000
$xxx,xxx
n.a.
n.a.
n.a.
n.a.

SFC Estate Coaching is a professional services brand offering estate planning education and legacy gift coaching, serving individuals and nonprofit organizations, and known for confidential one-on-one sessions, donor-focused guidance, and helping families become attorney-ready while supporting charitable causes.
?
?

Velox Valuations is a real estate appraisal franchise offering residential and commercial valuation services, serving lenders, attorneys, investors, and homeowners, and known for fast turnaround times, centralized technology, and a scalable business model supporting remote work and national coverage.
?
?

Reef Health is a healthcare benefits franchise offering bundled medical plans and navigation services, serving small businesses and their employees, and known for affordable contribution models, 24/7 access to care, and technology that simplifies enrollment, compliance, and everyday healthcare use.
?
?

United Check Cashing is a financial services franchise offering check cashing, bill payment, money transfers, and related services, serving underbanked and convenience-focused consumers, and known for community bank–like storefronts, extended hours, and streamlined alternatives to traditional bank accounts.
?
?

WCH Service Bureau is a business-services franchise offering medical-billing, credentialing and revenue-cycle-management solutions, serving healthcare providers and practices, and known for proven software, low-cost startup package, and strong remote-model support.
?
?

Lendio is a financial services franchise that operates as a small business loan marketplace, connecting entrepreneurs with a network of lenders to secure funding. Franchisees assist local businesses in obtaining loans, leveraging Lendio's technology and lender partnerships to streamline the financing process.
?
?
?

?

?
?
?
?
?
?
?
?
?