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Schooley Mitchell

Industry
Financial
Number of Open Locations
320
Start-Up Costs
$73,000 – $85,000
Part-Time Ownership?
Yes
Item 19 Available?
Yes
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Overview

Schooley Mitchell is North America’s largest independent cost reduction consulting franchise, helping businesses lower expenses on telecommunications, merchant services, shipping, waste, fuel, and more. Founded in 1997 and franchising since 2004, the company has built a strong reputation for objective, supplier-independent consulting. The business model is designed to provide risk-free cost savings to clients, operating on a contingency-based fee structure where fees are only collected if savings are achieved.

Franchise owners operate a B2B consulting business, working with companies to analyze expenses and identify cost-saving opportunities. With a home-based model and low overhead, franchisees focus on client acquisition and relationship management while Schooley Mitchell’s extensive research and data team provides ongoing analysis and recommendations. The recurring revenue model allows for residual income from long-term client contracts, ensuring financial stability and business scalability.

This franchise is ideal for professionals with backgrounds in sales, consulting, or business management who are comfortable networking and presenting solutions to decision-makers. Successful owners are customer-focused, results-driven, and skilled at building long-term business relationships.

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Quick Facts

Franchising Since
2004
Number of Open Locations
320
HQ Location
Stratford, ON
Home Based
Yes
Financing Available
Yes

Financial Requirements

Liquidity Requirement
$100,000
Net Worth Requirement
$150,000
Franchise Fee
$73,000
Veteran Discount Available?
Yes
Start-Up Costs
$73,000 – $85,000

Disclosed Financials

Does this franchise disclose financial performance?
Yes
Financial Summary

At this time, this franchise does not have any financial performance information that can be publicly disclosed. However, we understand the importance of financial insights when evaluating a franchise opportunity. Please reach out to us, and we’ll be happy to provide additional details to help you make an informed decision.

Training & Support

Initial Training Provided
Yes
Ongoing Support
Yes
Additional Details

New franchisees undergo a six-day training program covering consulting techniques, sales strategies, and operational processes. This is followed by the RAMP program, a structured first-year business development plan to help franchisees gain traction quickly.

Schooley Mitchell provides continuous education through an annual training conference, monthly webinars, and dedicated staff support. Franchisees also receive access to proprietary research and data, award-winning marketing materials, and a 24-hour web-based support platform to help them grow their business.

Differentiators

  • Contingency-Based Model – Clients only pay if savings are found, making the service easy to sell with no financial risk to the customer. 
  • Home-Based & Low Overhead – No office, employees, or inventory are required, keeping costs low and profit potential high. 
  • Strong Franchise Support – Franchisees receive comprehensive training, marketing materials, ongoing research, and dedicated corporate assistance. 
  • Recurring Revenue Stream – Long-term client contracts provide residual income and financial stability. 
  • Industry-Leading Brand – As the largest independent cost reduction consulting firm in North America, Schooley Mitchell offers a well-established and trusted brand.

Ideal Owner

Allows Part-Time Owners?
Yes
Ideal Candidate Summary

The ideal Schooley Mitchell franchisee has experience in sales, consulting, or business management and is comfortable working with B2B clients. Strong networking and communication skills are essential, as franchisees must engage decision-makers and present cost-saving solutions. A background in customer service and financial analysis is beneficial but not required. Franchisees should be entrepreneurial, goal-oriented, and driven to build long-term client relationships.

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